Â
It’s quick, tailored, and affordable cover with Provide.
Cover | Explanation | Importance for education industry |
Professional indemnity insurance | Covers professional liability while providing educational or childcare services | Critical for childcare providers   |
Work injury compensation insurance | Covers employee work-related injuries/sickness, including Covid-19 infections | Critical |
Commercial property insurance | Covers fire, water damage, burglary, etc. | Critical |
Public liability insurance | Covers customer injuries, and third-party property damage (e.g. during renovations) | Critical |
Â
Commercial property insurance
Commercial property insurance will protect your store premises, business inventory, display windows, and all other shop contents.
Public liability insurance
Public liability insurance will protect you from liability for injuries/property damage to third-parties.Â
Fidelity guarantee insurance
Fidelity guarantee insurance will protect you from employees stealing from your business.
Cover | Coverage amount (example) | Typical premium |
Professional indemnity insurance | $1 million | From $1,000/year |
Work injury compensation insurance | $10 million (market standard, required by Singapore law) | From $100/year per person |
Commercial property insurance | $100,000 | From $100/year |
Public liability insurance | $100,000 | From $100/year |
Â