Singaporean Domestic Employers are required to purchase a medical insurance a personal accident insurance, and a security bond for their helper in accordance to the Ministry of Manpower’s regulation before the helper arrives in Singapore.
ISLAND MAIDS is able to help you throughout the process of obtaining the Maid Insurance and Security Bond. In addition, we offer you the most competitive rates allowing you to save money. Speak with our consultants to find out more about the different Maid Insurance packages!
The coverage of your maid’s medical insurance must be a least $15,000 per year for inpatient care and day surgery.
PERSONAL ACCIDENT INSURANCE
The minimum coverage of your maid’s Personal Accident Insurance is $40,000 and compensation should be made payable to her or her beneficiaries.
The security bond of $5,000 applies to employers of foreign domestic workers. Its purpose is to ensure that employers remain responsible for the upkeep and maintenance, ensures prompt salary payment as well as timely repatriation of the foreign domestic workers