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Anonymous

20 Feb 2022

Insurance

How much is a foreign worker's security bond?

Requested by MOM to supply a bond for foreign employee.

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Foreign Worker Security Bonds range from $80 to $100 per worker, depending on the number of workers you're buying the bond for.

You'll also need Foreign Worker Medical Insurance, with $15,000 coverage, for each foreign worker. Rates for this start from $60-$70 per worker. If the foreign workers are manual workers, like cleaners or cooks, then you will also need Work Injury Compensation (WICA) Insurance.

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