Workers-Injury

Why do I need work injury compensation insurance in Singapore? 

There are a few reasons why you would need to take out workers injury compensation here in Singapore. Under the Workers Injury Compensation Act, if you are an employer you are required to provide protection for the following reasons:  

  • You are starting a business that requires your employees to do manual work 
  • If you have any employees that are doing non-manual work that are earning less that SGD 1600 a month
  • The Work Injury Compensation Act (WICA) lets employees make claims for work-related injuries or diseases without having to file a civil suit under common law. It is a low-cost and quicker alternative to common law for settling compensation claims.
  • An eligible employee has suffered a work-related injury or illness, they can seek compensation through either the Work Injury Compensation Act (WICA) or common law, but not both.

You must have insurance for both local and foreign employees. Failure to provide adequate insurance is an offence carrying a fine of up to $10,000 or jail of up to 12 months, or both.

For other employees, you have the flexibility to decide whether to buy insurance for them. However, if those employees make a valid claim, you will have to compensate them regardless of whether they are insured. If you need some help clarifying any of this, get in touch and we will guide you through all the details. 

WICA covers accidents arising out of and in the course of employment.

Unless there is evidence to prove otherwise, an accident in the course of employment is regarded as arising out of employment.

Even if your teams do not fall into either one of these categories, as an employer you are still responsible for any legal claims that are made due to an injury or illness that is sustained by one of your people while they are at work. It is for this reason that we suggest that any business that is starting out in Singapore looks at getting some sort of workers injury compensation cover. Give us a call if you need any help working out the right level of cover for you and your teams. 

Workers Injury Compensation Insurance

What can employees claim for?

If employees are covered by the Work Injury Compensation Act (WICA), they can claim for the following types of compensation benefits:

Choosing insurance coverage

When you are buying or reviewing your company’s work injury compensation insurance coverage, do the following:

  1. Check that you have a insurance policy covering your employees.
  2. Check which employees are covered;
    • Do not under-declare the number of employees to your insurer. This will cause some of your employees to be uninsured.
  3. Check for exclusion clauses and recovery clauses.

What cover do I get with workers injury compensation cover? 

By taking out Workers Injury Compensation cover, you are seeing that you are protected in the event of: 

  • Any medical expense incurred as a result of a workplace injury or illness. 
  • Outpatient leave up to a certain limit. 
  • Hospitalization leave.
  • Accidental death or permanent disablement that is not related to work. 

If you would like to discuss this further, reach out to our Business Insurance team today. 

What do I do to get Workers Injury Compensation in Singapore? 

  • If you are interested in seeing that you and your people are kept safe on the job, leave your details here and one of our business insurance team will get back to you in 1 working day 
  • From here, we will contact you, arrange a time to meet and we will have a chat about your business and what you need form us. 
  • We will take this info and use our network of world class insurance providers to procure the best solutions for you and present you with some choices. 
  • Once you sign onto policy with us, you can enjoy our award-winning brokerage service and we will take care of you and your business while you remain on policy with us.
  • Call us today and we’ll get started in making sure that you are covered. 

MAKE SURE YOUR EMPLOYEES ARE COVERED ADEQUATELY

Do you need some help getting Workers Injury Compensation Insurance in Singapore? Call us today on +65 6439 8026 or leave your details below and we will get your sorted out.

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