Corporate Insurance

FCS offers an array of business insurance products to help your company protect business and human asset. We have packages designed for SME companies to custom tailored plans to meet your requirements.

  • Burgary - provides indemnity for loss or damage to the insured property resulting from theft or attempted theft, following forcible or violent entry into/from the insured Premises. Damage to the property as a result of the break-in is also covered.

  • Consequential loss or Business Interruption Policy - the policy indemnifies the loss arising from interruption to the business caused by fire, lightning, explosion and other related perils.

    It pays for reduction in Gross Profits or Loss of Rental or Loss of Revenue, Overheads which continue and must be met despite interference with trading; Wages/Payroll of employees who are retained during the period of interference.

  • Contractor’s All Risk - the policy covers the insured contract works during the course of construction against any unforeseen and sudden physical loss or damage from any cause unless specifically excluded.

    The contractor is also protected against its legal liability consequent upon accidental bodily injury to third parties and loss or damage to property belonging to third parties.

  • Employee Benefits - covers and protects your most important asset against accidents and hospitalization.

    • Employee Benefits Plan

      • “RedShield Basic Plan”- a flexible package designed especially for MNC’s which covers both employee and their families’ personal accident and medical insurance with major medical coverage without any medical checkups required.

      • “RedShield SME Plan”- a flexible package designed especially for SME’s and MNC’s which covers both employee and their families’ personal accident and medical insurance with major medical coverage without any medical checkups required.

    • Local employee Medical Insurance - “RedShield HealthSaver Plan” a low cost medical insurance plan with no deductables and coinsurance. It covers all levels of Singaporean and PR employees.

RedShield HealthSaver Plan

Employers know that hospitalisation cost may cause a heavy burden for employees who have a tight budget.

EQ HealthSAVER is designed for employers to support their local employees who have limited financial means to defray hospitalisation costs due to an illness or injury. Benefits cover hospitalisation, inpatient treatment and pre & pro hospitalisation treatment.

There is no need for medical examination to enroll eligible employees under this policy. This is a hassle free and absolutely affordable medical plan for employers who wish to provide basic medical benefit for their local employees without stretching their dollar too much.

  • Fire insurance - Policy covers insured’s property against the perils of fire, lightning and explosion. Additional perils can be added are windstorm, flood, earthquake, volcanic eruption, aircraft, burst pipes, malicious damage, riot & strike.

  • Fidelity Guarantee - Policy will indemnify insured against pecuniary loss as a result of the fraud and dishonesty of its employees.

  • Group Hospital and Surgical - Policy is specially tailored to meet the needs of Insured’s employees under a Group Hospitalisation and Surgical Plan. Policy can be extended to cover employees’ spouse and children.

    Main benefits provided are: Hospital and Surgical ; Emergency Out-Patient Treatment; Parent Accommodation as Companion for Child; Accidental Dental Treatment; Dread Disease Recuperation Benefit; Miscarriage due to Accident.

  • Marine Cargo - Policy covers cargo shipments by sea, air or land according to the needs of the assured.

  • Money Insurance - Policy covers Insured’s money as defined whilst in transit and in the premises. It also extends to loss or damage to safes and strong-rooms resulting from theft.

  • Machinery/Equipment All Risk - Policy covers Machinery and equipment against All Risks of accidental physical loss or damage due to external causes.

  • Plate Glass - Policy covers accidental damage or breakage to plate glass at insured’s premises Policy covers accidental damage or breakage to plate glass at insured’s premises.

  • Package Insurance are readily available for
    • Office - The classes of covers are: Contents "All Risks"; Consequential Loss; Money; Personal Accident; Workmen’s Compensation; and Public Liability.
    • Shop - Type of covers include Fire & Special Perils; Consequential Loss; Theft; Money; Personal Accident; Workmen’s Compensation; Public Liability; Plate Glass; Goods-In-Transit; and Fidelity Guarantee.
    • Clinic - Type of covers include “All Risks” for contents, Fire & Special Perils for building; Consequential Loss; Rental Expenses; Money; Personal Accident; Workmen’s Compensation; Public Liability; and Fidelity Guarantee.

  • Public Liability - Policy covers insured’s legal liability for loss or damage and/or bodily injury to third parties arising out of its business operations. Policy also indemnifies insured’s defense expenses with the consent of the company.

  • Workmen Compensation - Policy covers insured’s legal liability to employees in accordance with the Workmen’s Compensation Act and at Common Law.

  • Foreign Worker Medical Insurance - a compulsory Hospitalization and Surgical plan for foreign workers with S pass or Work Permit with no deductable, coinsurance and annual limit!

Click on the links below to download the pdf.

Quotation