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Business package insurance

Sompo vs Tokio Marine business package insurance

Sompo and Tokio Marine 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 12 typical businesses both price on our pages, Sompo was cheaper on 12, Tokio Marine on 0. 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.
BusinessSompoTokio Marine
Cafe5 staffS$389.40Spectra Food and BeverageS$545.00TM Dining Suite
Restaurant10 staffS$389.40Spectra Food and BeverageS$618.58TM Dining Suite
Fast food outlet8 staffS$389.40Spectra Food and BeverageS$545.00TM Dining Suite
Bakery4 staffS$272.77Spectra RetailS$545.00TM Dining Suite
Florist2 staffS$272.77Spectra RetailS$419.65TM Retail Suite
Medical clinic6 staffS$295.66Spectra ServiceS$381.50TM Service Suite
Dental clinic8 staffS$377.41Spectra ServiceS$436.00TM Service Suite
Hair salon4 staffS$295.66Spectra ServiceS$327.00TM Service Suite
Beauty salon5 staffS$295.66Spectra ServiceS$327.00TM Service Suite
Laundry3 staffS$295.66Spectra ServiceS$327.00TM Service Suite
Photography studio2 staffS$295.66Spectra ServiceS$327.00TM Service Suite
Printing shop3 staffS$295.66Spectra ServiceS$327.00TM Service Suite

Both plans for a cafe

Sompo's and Tokio Marine's cheapest plans for a cafe with 5 staff: a year, GST included.
InsurerA yearValue scorePublic liabilityContents and stockBusiness interruption
SompoSpectra Food and BeverageS$389.4065S$1,000,000S$150,000Included
Tokio MarineTM Dining SuiteS$545.0017S$500,000S$100,000Included

Questions people ask

Is Sompo or Tokio Marine cheaper for business package insurance?

Of the 12 typical businesses both price on our pages, Sompo was cheaper on 12, Tokio Marine on 0. Your own business can change the order.

How does Sompo's cover compare with Tokio Marine's?

For a cafe with 5 staff: Sompo Spectra Food and Beverage has public liability of S$1,000,000 and S$150,000 of contents, with business interruption; Tokio Marine TM Dining Suite 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.