Many families in Singapore today are completely reliant on their domestic help for their household activities such as washing dishes and clothes, cooking, taking care of kids, and cleaning the house. If you are planning to hire the services of a maid, you must consider getting maid insurance, as it has been necessitated by the Ministry of Manpower. There are many insurers that offer maid insurance, but before you choose one it is very important for you to know the sort of protection it offers, wage rewards, outpatient expenses, and more.
MaidGR8, the maid insurance offered by OCBC and which is underwritten by Great Eastern General Insurance offers all the necessary coverage required by the Singapore government (Ministry of Manpower) for your maid. MaidGR8 offers three different plans that include benefits such as third-party liability, recuperation benefits, termination & rehiring expenses, and more.
The table below shows the coverage offered by MaidGR8 under the three different plans and the premium that you will have to pay:
|Benefit||Plan A||Plan B||Plan C|
|Domestic maid’s effects||NA||Up to S$300||Up to S$300|
|Fidelity guarantee||NA||Up to S$5,000||Up to S$5,000|
|Third party-liability||NA||Up to S$50,000||Up to S$50,000|
|Employer’s liability to domestic maid||NA||Up to S$50,000||Up to S$50,000|
|Special grant||NA||Up to S$1,000||Up to S$3,000|
|Termination & rehiring expenses||NA||Up to S$350||Up to S$500|
|Levy reimbursement & wages compensation||NA||Up to S$35 per day for a period of up to 60 days||Up to S$35 per day for a period of up to 60 days|
|Recuperation benefit||NA||Up to S$20 per day for a period of up to 60 days||Up to S$30 per day for a period of up to 60 days|
|Repatriation expenses||Up to S$10,000||Up to S$10,000||Up to S$10,000|
|Hospital & surgical expenses||Up to S$15,000||Up to S$15,000||Up to S$30,000|
|Traditional Chinese Medicine treatment per accident||Up to S$150||Up to S$150||Up to S$150|
|Medical expenses||Up to S$2,000||Up to S$2,000||Up to S$3,000|
|Permanent disablement||Up to S$60,000||Up to S$60,000||Up to S$60,000|
|Death||Up to S$60,000||Up to S$60,000||Up to S$60,000|
|Insurance guarantee||NA||Up to S$5,000||Up to S$5,000|
|Reimbursement of indemnity paid to insurer||NA||Up to S$5,000||Up to S$5,000|
|Premium (inclusive of prevailing GST)|
|26 months (with optional benefit)||NA||S$331.70||S$406.60|
|14 months (with optional benefit)||NA||S$240.75||S$288.90|
The optional benefit offered can be obtained later at S$85.60 within a month from the policy start date, subject to a waiting period of 30 days.
There are two additional plans (E and F) that you may need if you are required to submit a Performance Bond to the Philippines Embassy if the maid is a citizen of Philippines. The table below shows the coverage your maid gets and the premium you need to pay for the two additional plans:
|Plan type||Embassy bond – coverage (Performance bond to Philippines Embassy)||26 month premium (exempted from GST)|
Like other insurance policies in Singapore, there are a few exclusions with maid insurance as well for which you will not get any benefits. Here is a list of exclusions:
If you wish to purchase MaidGR8, you can apply online on the official website of OCBC, enter the type of insurance guarantee, choose your plan and get the quote. You may even get a discount on the premium if you have a relevant campaign code.
If you do not wish to apply online, you can take a printout of the MaidGR8 proposal form, enter all the relevant details and mail it to Great Eastern together with a signed Letter of Indemnity, copy of the Work Permit Renewal Notice or an In-principle Approval Letter, and a copy of the maid’s passport.
If you wish to make a claim, you will have to take the following steps:
Attention: Claims Department
Great Eastern General Insurance Limited
1 Pickering Street, #01-01 Great Eastern Centre, Singapore 048659.
MaidGR8 insurance policy can be terminated either by the insurer or the insured by giving a notice of seven days through a registered letter to the respective parties. If the employment contract of the maid is terminated, the insurance cover gets cancelled automatically. However, if the policy is cancelled within 270 days from the date of inception, you will be authorised to get a premium refund. You will not get any refund if the policy is terminated after 270 days. The table below shows the amount that you will get as refund based on the cancellation period:
|Cancellation Period||Amount Refunded|
|181 days to 270 days||20% of the premium|
|121 days to 180 days||30% of the premium|
|61 days to 120 days||50% of the premium|
|Within 60 days||80% of the premium|
It is not easy to hire domestic help in Singapore and it can certainly be expensive to do so. With OCBC’s MaidGR8 maid insurance, you can get coverage for your maid at premiums starting from S$143.38.