Who Is The Industry Leader For WIC (Work Injury Compensation) Limits?

Last year, the Singapore's WICA or Work Injury Compensation Act had their limits raised as mentioned in this blog post, Of course to remain as 1 of the market leaders in this arena, QBE Singapore has taken the initiative to raise their WIC limits as well; as shown in the table below:

As of 03 April 2017, we dare say that QBE might be the industry leader for the Work Injury Compensation limits in Singapore. To find out why having higher limits is important, here's the other post which should explain itself.

In any case, if you do own a business, QBE has done a short survey recently on a number of SMEs & MNCs and here are the findings in the 3 odd minutes infographic video below. If you want to find out more about other business or corporate insurances for your company other than WIC, feel free to contact us and we will be most glad to answer your queries.

QBE Small Group Insurance for SME Group Size from 1 to 14

QBE has finally launched its small group insurance for SME companies from 1 to 14 staff! From the looks of it, this plan seems to be able to "overthrow" many of their competitors in this heavily competitive employee benefits industry. In a nutshell, here are some of the product features:

• Essential Plan (that is what it is called), is positioned as a low cost group medical plan
• 6 Room & Board options to chose
• No health declaration form required (trust me, this is a BIG plus in this day & age of compliance and forms filling!)
• Pre-existing health condition is permanently excluded (terms & conditions apply)
• Various riders to chose from : KCT (Kidney & Cancer Treatment), Outpatient Panel Clinic, Outpatient Specialist, Dental, Deductible options.  
• Premium is based on average age and group size
• Panel TCM consultations is part of its outpatient plan
• Minimum premium is $200 per policy excluding GST
• Dental benefits has more coverage and higher limits than other insurers
• Insurance coverage till 72 (ANB) ~ Most small group plans are up to 66 (ANB)
• MRI/CT Scan/PET Scans are included in Specialist treatments ( Many insurers exclude this)
• Deductibles can be applied to reduce premiums 

So take advantage of the group rates if you are an owner of an up and coming SME and contact us for the details!

Singapore Yacht Show Having QBE As One Of Their Preferred Yacht Insurers?

Singapore Yacht Show is in town once again; this time from 23rd to 26th April 2015. As usual, market leader, QBE Singapore will be participating as one of the preferred insurers for this pleasure craft exhibition. The event will be hosted at  ONE°15 Marina Club, Sentosa Cove. 

Many connoisseurs of the high-life will probably be there to view as well as to purchase or even to bid for their dream boat or pleasure crafts. While we are at the topic on yachts and boats; let's take a look at what QBE Singapore has to offer for their pleasure craft insurance to the owners of these "toys".

• Comprehensive All Risks cover for your boat
• No requirement to prove forcible entry in the event of theft of your boat
• Up to S$200,000 of sudden and accidental pollution liability cover
• No deductible for total loss of your boat
• “No Claim Bonus” available
• Get your insurance policy ready
  within 24 hours 
•  QBE can also underwrite if your pleasure craft is registered in countries like Hong Kong.

If you need more information as to why QBE Singapore is the market leader for this hull insurance or pleasurecraft insurance, feel free to contact us.