Safeguard your business with BizProtect Plus Plan

Business Insurance - Commercial Insurance

Safeguard your business with BizProtect Plus Plan

Why you will love this

Fulfil required Workers Injury Compensation Act (WICA)

Comprehensive coverage from theft to accidents

Ease of application and claims

Apply now

Safeguard your business and have a peace of mind.

How this plan can protect your business

Coverage for mandatory WICA

WICA is a statutory requirement for all Singapore employers that lets employees make claims for work-related injuries and illness

Comprehensive coverage

Coverage for business types includes office, service, retail, restaurant and trading / wholesale activities

Ease of application and claims

Quick policy insurance in 10 working days

Two packages to suit your business needs

Standard Package

Starts from S$14 a month

Covers:

  • Fire, lightning and extraneous perils on content and stock-in-trade (stock-in-trade is not included for office plan)
  • Theft and hold-up
  • Business interruption
  • Work injury compensation
  • Public liability
  • Money-in-premises and money-in-transit
  • Personal accident

Deluxe Package

Starts from S$19 a month

Covers:

  • All listings under the standard package
  • All risks on your contents and stock-in-trade against physical loss or damage from any accidental causes other than those excluded risks* (stock-in-trade is not included for office plan)

    *Please talk to us for the entire list of excluded risks.
  • Important Notes
    BizProtect Plus Plan comprises of various general insurance policies underwritten by Great Eastern General Insurance Ltd, a wholly owned subsidiary of Great Eastern Holdings Ltd and a member of the OCBC Group, and is not a deposit in or obligation of, or guarantee by OCBC Bank.
    This document is for general information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions applicable to the general insurance policies under BizProtect Plus Plan are contained in the Policy Documents that you will receive shortly after activation. The general insurance policies are subject to the Premium Payment Warranty which requires premium to be paid and received by Great Eastern General Insurance Ltd within 60 days of the inception date of the coverage under the general insurance policies.
    A person interested in the general insurance policies should read and understand all the policy documents relating to the general insurance policies (including the Proposal Form for BizProtect Plus Plan provided by Great Eastern General Insurance Ltd) before deciding whether to apply for the general insurance policies.
    No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statements, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should not be relied upon as such, OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein.

  • Policy Owners’ Protection Scheme
    This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the General Insurance Association (GIA) or SDIC web-sites