SME Package Policy (Select+)
We recognize that Small and Medium Enterprises (SMEs) often face heightened vulnerability to economic fluctuations and business disruptions due to their smaller cash flows. To address this, we've developed Select+®, a comprehensive package policy tailored specifically for SMEs. Select+ offers broad standard coverage with the flexibility of optional add-ons, ensuring that SMEs receive the protection they need precisely aligned with their requirements.
Key Features of Select+
Wide Standard Cover
| Coverage | What It Will Cover |
|---|---|
| Property | First-party property damage |
| Money | Theft of cash within premises or whilst in transit |
| Fidelity Guarantee | Employee dishonesty |
| Public Liability / General Liability | Third party bodily injury or property damage |
| Workers Injury Compensation | Statutory cover for employees against work-related injuries |
| Goods In Transit | Movement of goods anywhere within Singapore |
| Specified All Risks for Portable Items |
Laptops, mobile phones and other specified items for damage anywhere in Singapore or worldwide |
| Business Interruption |
Protection against loss of profits in the event of damage to your business |
| Machinery Breakdown | Physical machinery breakdown |
| Group Personal Accident | Personal injury or death to insured employees |
Coverage Highlight for
each Target Industry
Industry
Target Business
Food & Beverages (F&B)
Restaurants, dining places, food courts, food court stalls, coffee or ice cream shops and canteen operations.
Retailers
Grocery stores and retailers of all types of goods in Singapore including but not limited to pharmacies, electronics, cosmetics, fashion, clothing, liquor, toys games and furniture.
Education
Pre-school education centres, tuition centres, commercial schools, children enrichment classes, music dance and ballet schools, art or fashion schools, adult education centres and language schools.
Health, Beauty and Spa
Beauty and hair salons, spa and foot reflexology clinics, weight loss and slimming centres, manicure and pedicure parlours, makeover services and more.
Hospitality & Hotels
Fitness centres, gymnasiums, hotels, hostels, motel and more.
Medical & Dental Centres
Psychiatry and general practice medical clinics, chiropractic and acupuncture services, specialist medical centres, aesthetics and cosmetic services, dental services and more.
Office & Services Business
Management consultants, accountants and IT consultants, software designers, architects, estate and letting agents, financial advisers, insurance brokers and agents, health and safety consultants and marketing companies.