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Business package insurance

Etiqa vs HL Assurance business package insurance

Etiqa and HL Assurance 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 16 typical businesses both price on our pages, Etiqa was cheaper on 0, HL Assurance on 16. 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.
BusinessEtiqaHL Assurance
Cafe5 staffS$368.99BOSS Standard SuiteS$218.00Business Protect360
Restaurant10 staffS$368.99BOSS Standard SuiteS$299.75Business Protect360
Fast food outlet8 staffS$368.99BOSS Standard SuiteS$218.00Business Protect360
Bakery4 staffS$324.83BOSS Standard SuiteS$218.00Business Protect360
Caterer6 staffS$368.99BOSS Standard SuiteS$218.00Business Protect360
Clothing shop3 staffS$324.83BOSS Standard SuiteS$299.75Business Protect360
Minimart5 staffS$439.28BOSS Super SuiteS$381.50Business Protect360
Florist2 staffS$324.83BOSS Standard SuiteS$218.00Business Protect360
Pharmacy4 staffS$439.28BOSS Super SuiteS$381.50Business Protect360
Optical shop3 staffS$324.83BOSS Standard SuiteS$299.75Business Protect360
Computer shop3 staffS$324.83BOSS Standard SuiteS$299.75Business Protect360
Medical clinic6 staffS$344.57BOSS Super SuiteS$286.13Business Protect360
Hair salon4 staffS$280.80BOSS Standard SuiteS$218.00Business Protect360
Beauty salon5 staffS$280.80BOSS Standard SuiteS$218.00Business Protect360
Laundry3 staffS$280.80BOSS Standard SuiteS$218.00Business Protect360
Photography studio2 staffS$280.80BOSS Standard SuiteS$218.00Business Protect360

Both plans for a cafe

Etiqa's and HL Assurance's cheapest plans for a cafe with 5 staff: a year, GST included.
InsurerA yearValue scorePublic liabilityContents and stockBusiness interruption
HL AssuranceFeaturedBusiness Protect360Buy NowS$218.0067S$500,000S$100,000Included
EtiqaBOSS Standard SuiteBuy NowS$368.9944S$500,000S$100,000Included

Questions people ask

Is Etiqa or HL Assurance cheaper for business package insurance?

Of the 16 typical businesses both price on our pages, Etiqa was cheaper on 0, HL Assurance on 16. Your own business can change the order.

How does Etiqa's cover compare with HL Assurance'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; HL Assurance Business Protect360 has S$500,000 and S$100,000, with business interruption.

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.