- $0.00
Foreign Worker Insurance Singapore – Foreign Worker & Trainee Package
Hiring foreign workers in Singapore comes with important responsibilities under the Ministry of Manpower (MOM). Employers are required to ensure that every Work Permit holder has the necessary insurance protection throughout their employment period. A comprehensive Foreign Worker Insurance Singapore package helps employers meet these requirements while protecting both the employer and employee against unexpected financial risks.
At Ins-Solutions Agency, we provide comprehensive Foreign Worker & Trainee Insurance Packages designed to meet MOM requirements for businesses across various industries, including construction, manufacturing, marine, process and service sectors. Our insurance solutions combine multiple essential coverages into a single convenient package, making policy administration simpler and more cost-effective.
A typical Foreign Worker Package includes Medical Insurance, Work Injury Compensation Insurance, Personal Accident coverage, Security Bond protection, and Repatriation Expenses. These policies help employers comply with Singapore regulations while providing financial protection against medical costs, workplace injuries, accidental death, disability and other unforeseen events.
Our experienced insurance consultants will recommend the most suitable package based on your company's workforce, industry requirements and budget. Whether you are hiring your first foreign worker or managing a large workforce, we can provide competitive premiums, fast policy issuance and professional support throughout the process.
When you employ a Foreign Worker in Singapore, it is your responsibility to:
- Purchase and maintain medical insurance.
- Provide Work Injury Compensation Insurance.
If the Foreign Worker is not a Malaysian, you are also responsible for:
- Purchasing of a $5,000 security bond in the form of an insurance/banker’s guarantee prior to his/her arrival in Singapore, failing which entry into Singapore will not be allowed.
The coverage summary below provides an overview of the protection available under our Foreign Worker & Trainee Insurance Package.
Section | Description | Sum Insured/Limit (S$) |
1 | Security Bond | 5,000 |
2 | Personal Accident | 10,000 |
3 | Repatriation Expenses | 3,000 |
4 | Medical Coverage | 15,000 |
5* | Bond Protector | 5,000 |
*Optional Coverage
KEY FEATURES:
- Specially made for Services and Manufacturing Industries.
- All sections cover under 1 policy.
- Easy Administration.
You may also be interested in:
• Foreign Worker Medical Insurance
• Foreign Worker Bond Singapore
• Work Injury Compensation Insurance
• Employment Agency Insurance Packages
Contact Ins-Solutions Agency today for professional advice and a competitive quotation tailored to your business requirements.
Get A Quote