In Singapore, employing a domestic helper (maid) is a common practice. However, it’s essential to ensure that your maid is adequately protected with insurance coverage. Maid insurance is mandatory in Singapore, and it provides financial protection against accidents, illnesses, and other unforeseen circumstances.
Description of Benefits:
1. Security Bond: A mandatory requirement by the Ministry of Manpower (MOM), it covers the employer’s liability for their maid’s actions.
2. Personal Accident Insurance: Covers medical expenses, hospitalization, and death or permanent disability due to accidents.
3. Medical Insurance: Covers medical expenses, hospitalization, and surgical expenses due to illnesses or accidents.
Key Features:
1. Coverage for medical expenses, hospitalization, and surgical expenses
2. Coverage for accidents, illnesses, and permanent disability
3. Coverage for repatriation expenses (in case of death or permanent disability)
4. Optional coverage for maid’s belongings and personal effects
Benefits of Maid Insurance in Singapore:
1. Compliance with MOM regulations
2. Financial protection for employers against unforeseen circumstances
3. Peace of mind for employers and maids
4. Access to quality medical care for maids