| |
Premium Rates
| Type
of Plan |
Coverage |
Premium Rate for
|
26
months |
14
months |
12
months
Extension |
18
months
Extension |
| Plan 1a |
$2,000 Performance Bond to Philippines Embassy |
$35.31 |
N.A |
N.A |
N.A |
| Plan 1b |
$7,000 Performance Bond to Philippines Embassy |
$71.69 |
N.A |
N.A |
N.A |
| MI 2 |
*$40,000 Personal Accident Insurance + $5,000 Medical Insurance (per year) |
$160.50 |
$80.25 |
N.A |
N.A |
| MI 3 |
$40,000 Personal Accident Insurance + $5,000
Guarantee Bond to MOM + $5,000 Medical Insurance (per year) |
$192.60 |
$96.30 |
$96.30 |
$144.45 |
| MI 4 |
$40,000 Personal Accident Insurance + $5,000
Guarantee Bond to MOM + Renewal of work permit service + $5,000 Medical Insurance
(per year) |
$253.59 |
$157.29 |
$157.29 |
$205.44 |
Note :
Plan 1a - $2,000 Bond is applicable if you are applying through an accredited maid agency.
Plan 1b - $7,000 bond is applicable for direct employers.
These plans are separate from all other Plans as they are only for the Philippines Embassy.
Note :
Please take note that extension options are only applicable for those existing NTUC Income foreign maid policies which still have a balance of more than 2 months of insurance. However, if you wish to apply for a full 2 years renewal/issuance of the maid's work permit at MOM, you may purchase a new 26 months insurance.
| *
For all $40,000 Personal Accident Insurance, we have also included the following: |
| · Medical Expenses for outpatient treatments due to accidents |
$2,000 |
| · Repatriation Expenses due to death / permanent disablement |
$10,000 |
| · Hospital & Surgical Expenses |
$5,000 per year |
| · Wage Compensation - max 30 days |
$30 per day |
| · Termination due to prolong terminal or serious illness |
$300 |
| · Liability to Third Party |
$5,000 |
Optional: Waiver of Counter Indemnity (applicable to
MI 3 & MI4 only)
Every maid employer in Singapore has to place $5000 with the authority. If
the maid runs away or gets pregnant, the employer will lose the entire sum. However,
if you add the waiver option, you'll be able to limit your loss to only $250.
| Type of Plan |
Coverage |
Premium Rate (inclusive of 7% GST)
with waiver of Counter Indemnity |
| 26 months |
14 months |
12 months Extension |
18 months Extension |
| MI 3 |
$40,000 Personal Accident Insurance + $5,000 Guarantee Bond to MOM + $5,000 Medical Insurance (per year) |
$243.96 |
$131.61 |
$131.61 |
$195.81 |
| MI 4 |
$40,000 Personal Accident Insurance + $5,000 Guarantee Bond to MOM + Renewal of work permit service + $5,000 Medical Insurance (per year) |
$304.95 |
$192.60 |
$192.60 |
$256.80 |
Please call 62Income (6246 2663), email product@income.com.sg or
Visit our branch/business
centres, contact your insurance adviser
|
|
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