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Business package insurance

Etiqa vs Great American business package insurance

Etiqa and Great American side by side on the same typical small businesses, renting their premises and without WICA, from their published rates.

By , Writer · Prices as of 12 Nov 2026, GST included.

Which is cheaper

Of the 17 typical businesses both price on our pages, Etiqa was cheaper on 2, Great American on 15. Your own business can change the order.

Price on each business

Each insurer's cheapest plan, a year, GST included. Open a business for every insurer's plan and its Apply Now or Buy Now.
BusinessEtiqaGreat American
Cafe5 staffS$368.99BOSS Standard SuiteS$272.50EIP PLUS F&B
Restaurant10 staffS$368.99BOSS Standard SuiteS$354.25EIP PLUS F&B
Fast food outlet8 staffS$368.99BOSS Standard SuiteS$272.50EIP PLUS F&B
Bakery4 staffS$324.83BOSS Standard SuiteS$218.00EIP PLUS Retail
Takeaway kitchen3 staffS$368.99BOSS Standard SuiteS$272.50EIP PLUS F&B
Hawker stall2 staffS$212.23BOSS Standard SuiteS$272.50EIP PLUS F&B
Caterer6 staffS$368.99BOSS Standard SuiteS$272.50EIP PLUS F&B
Clothing shop3 staffS$324.83BOSS Standard SuiteS$299.75EIP PLUS Retail
Minimart5 staffS$439.28BOSS Super SuiteS$381.50EIP PLUS Retail
Florist2 staffS$324.83BOSS Standard SuiteS$218.00EIP PLUS Retail
Optical shop3 staffS$324.83BOSS Standard SuiteS$299.75EIP PLUS Retail
Hair salon4 staffS$280.80BOSS Standard SuiteS$272.50EIP PLUS Services
Beauty salon5 staffS$280.80BOSS Standard SuiteS$272.50EIP PLUS Services
Gym6 staffS$280.80BOSS Standard SuiteS$302.48EIP PLUS Services
Laundry3 staffS$280.80BOSS Standard SuiteS$272.50EIP PLUS Services
Photography studio2 staffS$280.80BOSS Standard SuiteS$272.50EIP PLUS Services
Music school4 staffS$276.11BOSS Standard SuiteS$272.50EIP PLUS Services

Both plans for a cafe

Etiqa's and Great American's cheapest plans for a cafe with 5 staff: a year, GST included.
InsurerA yearValue scorePublic liabilityContents and stockBusiness interruption
Great AmericanEIP PLUS F&BS$272.5042S$500,000S$100,000Not included
EtiqaBOSS Standard SuiteBuy NowS$368.9944S$500,000S$100,000Included

Questions people ask

Is Etiqa or Great American cheaper for business package insurance?

Of the 17 typical businesses both price on our pages, Etiqa was cheaper on 2, Great American on 15. Your own business can change the order.

How does Etiqa's cover compare with Great American's?

For a cafe with 5 staff: Etiqa BOSS Standard Suite has public liability of S$500,000 and S$100,000 of contents, with business interruption; Great American EIP PLUS F&B has S$500,000 and S$100,000.

How do I buy it?

Buy Now takes you to the insurer’s own site, where you buy with your company’s real details and the insurer issues the policy. Sompo, EQ, Tokio Marine and Great American take an application form instead: Apply Now sends your details to us, and we get the form, help you fill it in and place the cover. Ask Shenton to arrange sends us the plan you picked and we arrange it for you.