Notice Board
Notice Board

We will be at various Polytechnics for roadshow throughout March & April for Computershield(Laptop Insurance) sales! Come look for us to find out more!

Employment Agency Insurance Package

Under the new Employment Agency (EA) Regulatory Framework implemented in April 2011 by Ministry of Manpower, Employment agencies with a Comprehensive Licence will be required to furnish a security deposit of between $20,000 and $60,000. (See Below)

No Description Security Deposit Requirement
1 All employment agencies with a Comprehensive Licence, unless they meet (2),(3) or (4) from this table $60,000
2 Employment agencies that placed 200 or less Work Permit and S Pass holders in past 12 months $40,000
3 Employment agencies that accumulated 3 or less demerit points in the past 12 months $40,000
4 Employment agencies that meet both (2) and (3) from this table $20,000

We have designed a Package that not only assists you to fulfill the above requirement and also provide you and your staffs with a comprehensive coverage at competitive premium.

Section Description Sum Guaranteed/Limit (S$)
1 Banker’s Guarantee Package A – 20,000
Package B – 40,000
Package C – 60,000
2 Personal Accident 10,000
3 Medical Coverage 5,000
4 Work Injury Compensation Work Injury Compensation
Act/Common Law

Please contact us for the premium quotation.