Work Injury Compensation Insurance

Provide helps you get the best Work Injury Compensation Insurance to protect your company from legal liability due to injured employees.

Work Injury Compensation Insurance (WICA Insurance) protects your company against legal liability if your workers suffer injuries, or contract illnesses while working.

Work Injury Compensation Insurance covers:
1. Employer legal expenses to defend against work-injury lawsuits
2. Employee medical expenses for work-related injury or illness

Under Singapore’s Work Injury Compensation Act (WICA), employers are legally liable to pay compensation to workers who become hurt or sick while performing work-related activities. 

In Singapore, it is a statutory requirement to provide Work Injury Compensation insurance for:
a. All workers who perform manual labour, regardless of salary level
b. All workers who perform non-manual labour, AND earn less than $1,600 a month

This type of insurance is one of the most common that SMEs purchase. It’s usually very affordable, while providing generous coverage. We highly recommend this type of insurance for all employers, given that your most valuable assets are often your employees. 

It covers two parties:
a. Employers
b. Employees

Coverage for employers:
1. Legal defense costs from employee lawsuits
2. Legal damages to employees injured while working

Coverage for employees:
1. Medical expenses
2. Lost wages while on medical leave (includes salary, bonus, overtime pay, food and housing allowances, but excludes CPF payment)
3. Lump sum compensation for death, or total permanent disability

  • Self-employed persons
  • Pre-existing illnesses
  • Self-inflicted injuries
  • Injuries or illnesses that do not occur directly because of work activity
  • Injuries incurred as a result of actions that violate company policy
  • Injuries or illnesses sustained from drug or alcohol use

If your business or your employees are involved in the following, then this type of insurance is particularly critical for you:

  • Labour intensive industries: construction firms, renovation & interior designers, manufacturing firms, warehouse/storage firms, food & beverage establishments, retail stores, etc.
  • Frequent exposure to outdoor environments: on-site engineers, technicians, goods delivery, road works, building painters, vehicle towing, car-washing, etc.
  • High-hazard industries: scaffolding, shipyards, any business doing offshore work, fishing, working with aeroplanes, etc.

For SMEs, it’s advisable to have $50,000 to $100,000 in coverage per employee. Coverage amounts depend on your industry and budget.

Under Singapore law, these minimum coverage amounts are required:

Death – $57,000
Permanent Disability – $73,000
Medical expenses – Up to $30,000, or 1 year of expenses from the date of accident, whichever is reached first 

  • Non-Manual Worker: Starts from $25/year, per worker
  • Manual Worker: Starts from $50/year, per worker

As you can see, this type of coverage is very affordable for the benefits you’re getting! Prices may be higher for certain higher-risk industries, like manufacturing.

With Provide, you save up to 25% on your premiums. Our digital operating model creates lower overheads, and we pass every dollar saved back to our clients.

Get an instant quote today!

Save up to 25% on your premiums with our digital insurance platform.

Prefer to speak to a consultant? Call us at 6977 7130

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