Protect your livelihood. Owning an eating house or food court stall has its unique risks. Your equipment and stock are often exposed and concentrated in a small space, and with little security, the risks to your business can be high. A simple accident such as fire can quickly destroy everything youve invested in unless you have adequate protection. AIAs affordable yet comprehensive F&B business insurance provides a wide range of cover for the unexpected such as fire, theft or breakdown of equipment, and even food contamination or an outbreak of disease such as SARS. With the flexibility of a standard plan plus optional covers, you can tailor your policy to meet your individual business needs. Flexible Coverage From coverage for your physical property against all manner of risks, to financial support in a health emergency, take a look at the standard and optional protection we can provide your business:
Standard Cover Property All Risks Insurance Covers your property (up to S$2 million) against accidental physical loss or damage from any external causes not excluded by special exclusions or general exclusions.
Optional Covers Workmens Compensation Covers you for your liability under the Workmens Compensation Act (Cap 354) or at Common Law to pay compensation to your employees (up to 25 employees) who suffer bodily injury or disease arising out of or in the course of employment.
Public Liability Indemnify you against your legal liability (up to S$3 million) in respect of accidental bodily injury to third parties and/or accidental loss and/or damage to property belonging to third parties.
Group Personal Accident Provides benefits to your employees as a result of an accident 24 hours a day anywhere in the world. - Accident Death & Permanent Disablement (up to S$150,000) - Accident Medical Reimbursement (up to S$1,500) - Weekly Indemnity (up to S$150 per week)
Machinery Breakdown Provides cover (up to S$3,000) to the electrical equipment in the event of mechanical or electrical malfunction. Fidelity Guarantee Insures you against loss of money and/or property (up to S$5,000) due to fraud or dishonesty of employees Free Cover! Health Emergency Loss Protection Provides you with essential financial support of S$170 per day (max 15 days) in the event you are denied access into your workplace as a result of an outbreak of any human contagious disease (for example, SARS).
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Notes:
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.
This is not a contract of insurance. The precise terms and conditions of this plan are specified in the policy contract.
