Hiring a Foreign Domestic Worker (FDW) in Singapore is a commitment to providing a safe working environment and securing their well-being. As an employer, you are legally required by the Ministry of Manpower (MOM) to purchase and maintain adequate maid insurance.
If you are looking for a plan that offers well-rounded and comprehensive coverage, Great Eastern’s GREAT Maid Protect stands out. This plan is specifically designed to provide robust financial protection against unexpected expenses related to your helper’s health and your liabilities as an employer, ensuring you can enjoy peace of mind throughout her service period.
Key Benefits of GREAT Maid Protect for Employers and Helpers
GREAT Maid Protect is engineered to address the major risks associated with employing a domestic worker, protecting both the helper and the employer from significant financial strain.
1. Comprehensive Medical Reimbursement (Up to S$90,000)
Unexpected illness or injury can lead to crippling hospital bills. GREAT Maid Protect offers reimbursement of hospitalisation and surgical expenses up to S$90,000 (depending on the plan chosen).
Crucial Coverage Features:
-
Communicable Diseases: The plan extends coverage to include expenses for communicable diseases, such as COVID-19 and Tuberculosis.
-
Overseas Medical Emergencies: It covers medical expenses incurred outside of Singapore if your helper suffers an injury or illness that requires emergency treatment while on home leave (with your permission).
-
Outpatient Treatment: Coverage is also provided for outpatient medical expenses resulting from an injury.
Note on Co-payment: For the Nanny and Silver plans, a co-payment structure applies if hospital and surgical claims exceed S$15,000 in a policy year.
2. Robust Personal Accident Coverage (Up to S$60,000)
Accidents can happen at any time. The plan provides 24/7 financial protection of up to S$60,000 in the event of accidental death or permanent disability for your helper. This ensures her family receives a much-needed financial payout during a tragic time.
3. Protection Against Employer Liabilities
As an employer, you are exposed to liability risks. GREAT Maid Protect safeguards your finances against two key types of claims:
-
Helper’s Injury or Illness Claims: Up to S$50,000 to shield you from claims arising from injury or disease sustained by your helper during employment.
-
Third-Party Claims: Up to another S$50,000 against claims from a third party due to your helper’s negligence.
4. Repatriation Support (Up to S$10,000)
In the unfortunate event of your helper’s death or permanent disablement due to accident or illness, the plan provides compensation of up to S$10,000 to cover the cost of repatriating her to her home country.
Navigating Your Options: Seek Professional Guidance
Great Eastern offers different plan types for GREAT Maid Protect. Since selecting the right maid insurance involves meeting MOM’s minimum requirements and balancing coverage with your specific household needs, seeking expert advice is highly recommended.
For clear, tailored advice on the best coverage options and to help you understand the policy details, you can consult a trusted general insurance advisor. Just Insure Pte Ltd is a general insurance advisor that can provide comprehensive, unbiased guidance on GREAT Maid Protect and other essential coverage plans, helping you secure the right protection easily.
Have questions about how much personal accident insurance coverage to get? Chat online with us!
Important notes: This article is meant purely for informational purposes and does not constitute an offer, recommendation, solicitation or advise to buy or sell any product(s). It should not be relied upon as financial advice. The precise terms, conditions and exclusions of any products mentioned are specified in their respective policy contracts. Please seek independent financial advice before making any decision.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Author(s): Just Insure Singapore
