BizProtect Plus

Protect what keeps your business moving.

Why you will love this

Comprehensive protection against common business risks

Fulfil required Workers' Injury Compensation Act (WICA) requirements

Simple application and claims process

Save up to 15% with a multi-year policy

Comprehensive coverage for your business.

BizProtect Plus provides comprehensive protection against common business risks, from workplace injuries and theft to fire and business interruption, giving you greater confidence to keep your business moving forward.

How this plan can protect your business

Comprehensive protection for your business

Coverage for offices, service businesses, retailers, restaurants, trading businesses and wholesalers.

Protection against everyday business risks

Help reduce the impact of theft, fire, business interruption and public liability incidents.

Coverage for mandatory WICA

Covers your legal liability as an employer for work-related injuries and occupational diseases suffered by employees in the course of their employment.

Simple and convenient

Online purchase and issuance in less than 30 minutes.

FIND THE RIGHT INSURANCE PACKAGE

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.
Frequently Asked Questions
What is BizProtect Plus?

BizProtect Plus is a packaged business insurance solution designed to help SMEs protect their premises, contents and employees.

Who is BizProtect Plus suitable for?

It is suitable for offices, service businesses, retailers, restaurants, wholesalers and trading businesses.

Does the plan include WICA coverage?

Work Injury Compensation is an optional cover that can be added to provide protection for your obligations under WICA.

How long does the application take?

Policies can be issued in as fast as 10 working days.

Important Notes
  • Policy terms, conditions and exclusions apply.

    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

Underwritten by

Great Eastern

Great Eastern

Great Eastern

Great Eastern