With Maid Bond Package, the maid insurance policy offered by India International Insurance(III), your maid will get comprehensive coverage that conforms with the legal requirements set by the Ministry of Manpower (MOM), Government of Singapore. India International Insurance also offers optional extensive top-up covers that adds to the basic cover to augment your benefits.
The standard package of India International Insurance for maids include:
India International Insurance offers two different plans, Standard and Enhanced. The table below shows the amount offered under each benefit:
|Insurance bond to Philippines Embassy||S$2,000 (if processed through a Maid Agency) or S$7,000||NA|
|Insurance guarantee to Ministry of Manpower||Up to S$5,000||Up to S$5,000|
|Waiver of counter indemnity for insurance guarantee to MOM||Excess S$ 250||NA|
|Accidental death or permanent disablement||Up to S$60,000||Up to S$60,000|
|Bereavement expenses||Up to S$2,000||Up to S$2,000|
|Domestic maid liability||Up to S$5,000||Up to S$5,000|
|Maid's personal belongings||Up to S$250||Up to S$250|
|Termination/rehiring expenses||Up to S$250||Up to S$250|
|Repatriation expenses||Up to S$10,000||Up to S$10,000|
|Alternative domestic help benefit||Up to S$30 per day for a maximum of 60 days||Up to S$20 per day for a maximum of 60 days|
|Wages and levy reimbursement||Up to S$50 per day for a maximum of 60 days||Up to S$30 per day for a maximum of 60 days|
|Hospital and surgical expenses||Up to S$ 20,000 per year||Up to S$ 15,000 per year|
|Treatment for Dengue fever||Up to S$300||Up to S$150|
|Treatment by Traditional Chinese Medicine practitioner||Up to S$300||Up to S$150|
|Outpatient medical expenses||Up to S$2,500||Up to S$1,250|
This is what the two plans under this insurance policy will cost you:
|Plan Type/Premium Charged||Standard||Enhanced|
You will need the following documents when you buy this insurance policy:
III’s maid insurance plan fulfils MOM’s requirements in the following ways:
If your maid is a foreigner and requires outpatient treatment, the expenses incurred will be covered by this policy.
If you wish to purchase this insurance policy, you can visit the official website of India International Insurance and click on the “get a quote” button. You will be directed to a page where you can enter the details including the policy period, start and end date, policyholder’s name, and find out how much you will have to pay.
If you wish to enhance the coverage offered for hospital and surgical expenses, you can do so by paying an additional premium.