Getting the Best Corporate Insurance in Singapore
Corporate insurance in Singapore is crucial for businesses, protecting against risks that threaten operations, finances, and assets.
Commercial Motor Insurance
Commercial Motor Insurance Commercial Vehicle Insurance / Motor Fleet Insurance - Covers loss or damage to vehicles due to accidental collision and/or negligence, and legal liabilities towards a third party’s injury and property damage. This can be for a standalone...
Benefits of Business Insurance
Understanding the basics of business insurance in Singapore is essential for companies of all sizes, as it provides protection from various risks that could impact their financial well-being.
Protection Against Financial Losses
Singapore’s business insurance protects against financial losses caused by property damage, legal liabilities, and employee-related risks. It covers repair costs, legal fees, and compensation for events like fires and lawsuits.
Compliance with Legal Requirements
Certain types of commercial insurance in Singapore are legally required. For example, Work Injury Compensation Insurance (WICI) is mandatory for employees earning less than SGD 2,600 monthly. Non-compliance could result in fines or penalties.
Business Continuity and Reputation
Company insurance in Singapore helps companies recover quickly from unexpected events, minimizing downtime and ensuring business continuity.
Why Choose Us
Running a business in Singapore comes with various risks, from legal liabilities to property damage. At PCMI, we offer comprehensive business insurance solutions to protect your assets, employee benefits, and operations, ensuring peace of mind for startups and established enterprises.
Our business insurance packages in Singapore are flexible and tailored to your industry and operational risks. We offer a range of coverages, including public liability, professional indemnity, property insurance, and team member health coverage. Investing in insurance safeguards your business’s cash flow and ensures business continuity, even in the face of adversity.
Get Your Insurance Now!
If you are looking for reliable corporate insurance in Singapore for your business, the insurance brokers in Singapore to trust is PCMI.
