The one package for all your office & business coverage needs.
SmartPlan Light Industrial
Harness your time more effectively with SmartPlan Light Industrial – the one package for all your insurance needs. It gives you the flexibility to increase the coverage limits to suit your unique requirements.
- All Risks
We will pay for your accidental loss or damage to your real (excluding building) and personal property. This also includes burglary even without forcible or violent entry.
- Work Injury Compensation
We will compensate you against any work accidents or illnesses claims, relating to your responsibility as employer.
- Daily Cash for Business Interruption
Business interruption from an outbreak of infectious disease or during failure of electricity supply could result in additional cost and expense to your business. We pay daily cash during the period of interruption.
- Theft of Money
We compensate you against any loss or damage to your money (currency notes, cheques, credit card, and sales vouchers): In your premises or in transit. 24 hours, 7 days a week.
- Public Liability
We will compensate for claims in the case of third parties’ death or injury following an accident that your business is responsible of. Third parties include walk-in customers or damages to a neighbouring occupier’s property.
- Worldwide Personal Accident
We will pay you or your staff a lump sum payout in the event of accidental death or permanent disability, as well as daily hospital cash in the event of hospitalization due to accident occurring anywhere in the world.
- Fidelity Guarantee
We compensate you against any financial loss arising from any act of fraud or dishonesty committed by your employees.
- Business Interruption Cover (Grosss Profit Basis)
We will pay you for the loss of income on gross profit bases, due to loss or damage insured under All Risks, up to an indemnity period of 12 months.
- Fire and Extraneous Perilds on Building
We will pay you the value of the building lost or damaged, or at our option to reinstate or replace your building or any part thereof./li>
- Other Additional Benefits
Enjoy 5% increase yearly for All Risks cover up to 15% of the original sum insured if no claims have been made during the preceding period of insurance.
TERMS & CONDITIONS
- NO CLAIMS EXPERIENCE
No claim experience for the past 3 years.
- PROPOSED INSURANCE
The proposed insurance now has not been declined, cancelled, refused renewal or subject to any special terms by any other insurance company.
- PREMISES PROTECTION
All entrances to your premises are protected with roller shutter, glass door, iron grilles and padlock.
- SOLE OWNERSHIP
The premises are solely occupied by you for your business and are not shared premises.
This insurance plan is underwritten by AXA Life Insurance Singapore Private Limited. The information featured in this website is published for general information only and is not a contract of insurance. The precise terms and conditions of the plan are specified in the policy contract. A product summary for the insurance plan is available and may be obtained from AXA Life Insurance Singapore Private Limited and the participating distributors' offices. You should read the product summary before deciding whether to purchase the plan.
The insurance plan featured in this website does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. You may wish to seek advice from a financial consultant before making a commitment to purchase the plan. In the event that you choose not to seek advice from a financial consultant, you should consider whether the plan in question is suitable for you. Buying an insurance plan is a long-term commitment. An early termination of the plan usually involves high costs and the surrender value may be less than total premiums paid.
The insurance plans featured in this website may be protected under the Policy Owners' Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for such plans are automatic and no further action is required from you should you buy the plan. For more information on the types of benefits that are covered under the Policy Owners' Protection Scheme as well as the limits of coverage, where applicable, please visit the AXA website at www.axa.com.sg or visit the LIA, GIA or SDIC websites (www.lia.org.sg, www.gia.org.sg or www.sdic.org.sg) for a copy of the SDIC Guide on PPF Scheme.