Compare quotes from leading insurers
Save up to 25% on premiums
Quick quotes for all products
Advisors available 7 days/wk
Get Singapore's best Food Manufacturers Insurance. Broad cover from property & inventory damage, food poisoning, worker injuries, & more.
As a food manufacturer, your clients trust you to deliver delicious food that’s hygienically prepared. However, if your goods result in food poisoning, bakery owners can face serious litigation issues. With all the work around hot kitchens and heavy factory equipment, food manufacturing staff can suffer injuries. Food manufacturers also have lots of expensive equipment that are costly to replace/repair if they become damaged. With Provide, you can get online quotes for food manufacturing insurance. You’ll be able to protect yourself, your premises/equipment, and your employees.
What does Food Manufacturers Insurance cover?
Coverage | Explanation | Importance for food manufacturers |
Protects your business from liability if your food causes food poisoning | Critical | |
Protects your factory against property damage, e.g. fire, explosions, certain types of water damage, etc. Covers inventory, equipment, fixtures & fittings, and other contents. | Critical | |
Protects you against liability to third-parties for property damage or injuries. | Critical | |
Protects your employees if they suffer work-related injuries/sickness. | Legally required for all manual workers (e.g. production line workers), or workers who earn <$2,600/month | |
Protects your business if your foreign workers require medical treatment. | Legally required for all S-Pass and Work Permit holders |
What are some claims examples for food manufacturers?
Claim Example1: Employee suffers injury while at work:
One of your employees had their hand crushed while working on the production line. You have to call an ambulance, where they get sent to A&E.. The injured worker has to undergo surgery, and their medical bill ends up being $20,000. With this being a work-related injury, MOM will require you to compensate the worker for their $20,000 in medical expenses. MOM will also mandate that you pay your injured employee’s salary while they’re on medical leave. With Work Injury Compensation Insurance (WICA Insurance), the insurance company will pay these substantia costs for you.
Real life case: Worker dies after fire at Mandai factory
Claim Example 2: Factory premises heavily damaged by fire
A fire starts in your food manufacturing plant, and destroys your factory. The fire destroys over $100,000 worth of food inventory. It also heavily damaged $200,000 worth of expensive, state-of-the-art manufacturing equipment. About $200,000 worth of renovations you did to the factory premises are also destroyed. With Commercial Property Insurance, your policy will pay for this $500,000 in damage to restore your factory to its original state.
Real life case: Tuas explosion caused by combustible flour and dust particles in air
How much does Food Manufacturers Insurance cost?
Coverage | Coverage amount (example) | Premium |
$250,000 | From $49/month | |
$100,000 | From $29/month for a Food Manufacturer Insurance package deal | |
$500,000 | ||
$10 million common law annual limit $45,000 medical expenses cover per worker | ||
$10,000 | ||
$15,000 per worker | From $6/month, per worker |
Why use Provide for Food Manufacturers Insurance?
Save up to 25% on your premiums
Save time with our convenient online platform to get quotes, file claims, and manage policies
Expert insurance team with 20+ years experience serving both SMEs and large multinational firms
Available by phone 7 days/week