There are two covers which you should consider for your workers:
A. Employee Health Insurance:
This covers hospitalisation and surgery costs. Can include outpatient benefits like GP visits, specialist visits, dental benefits, eyecare benefits, critical illness riders, term life riders, personal accident riders, and more. Coverage can be Singapore-only, regional (e.g. Asia), or global.
Rates: From $16/month/pax
B. Workman Injury Compensation:
This covers work-related injuries/infectious diseases, including Covid-19. Pays for medical expenses, lost wages while on MC. Also covers common law liability if you're sued in civil court for causing your employees to suffer work-related injuries/diseases.
Importance: Legally required by MOM for all manual workers, regardless of salary. Also legally required for any worker earning $2,600/month or less. regardless of job scope.
Rates: From $5/month/pax
There are two covers which you should consider for your workers:
A. Employee Health Insurance:
This covers hospitalisation and surgery costs. Can include outpatient benefits like GP visits, specialist visits, dental benefits, eyecare benefits, critical illness riders, term life riders, personal accident riders, and more. Coverage can be Singapore-only, regional (e.g. Asia), or global.
Rates: From $16/month/pax
B. Workman Injury Compensation:
This covers work-related injuries/infectious diseases, including Covid-19. Pays for medical expenses, lost wages while on MC. Also covers common law liability if you're sued in civil court for causing your employees to suffer work-related injuries/diseases.
Importance: Legally required by MOM for all manual workers, regardless of salary. Also legally required for any worker earning $2,600/month or less. regardless of job scope.
Rates: From $5/month/pax