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Business package insurance

Tokio Marine vs Great American business package insurance

Tokio Marine 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 16 typical businesses both price on our pages, Tokio Marine was cheaper on 0, Great American 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.
BusinessTokio MarineGreat American
Cafe5 staffS$545.00TM Dining SuiteS$272.50EIP PLUS F&B
Restaurant10 staffS$618.58TM Dining SuiteS$354.25EIP PLUS F&B
Fast food outlet8 staffS$545.00TM Dining SuiteS$272.50EIP PLUS F&B
Bakery4 staffS$545.00TM Dining SuiteS$218.00EIP PLUS Retail
Takeaway kitchen3 staffS$545.00TM Dining SuiteS$272.50EIP PLUS F&B
Hawker stall2 staffS$545.00TM Dining SuiteS$272.50EIP PLUS F&B
Clothing shop3 staffS$493.23TM Retail SuiteS$299.75EIP PLUS Retail
Minimart5 staffS$566.80TM Retail SuiteS$381.50EIP PLUS Retail
Florist2 staffS$419.65TM Retail SuiteS$218.00EIP PLUS Retail
Optical shop3 staffS$493.23TM Retail SuiteS$299.75EIP PLUS Retail
Furniture shop4 staffS$713.95TM Retail SuiteS$545.00EIP PLUS Retail
Hair salon4 staffS$327.00TM Service SuiteS$272.50EIP PLUS Services
Beauty salon5 staffS$327.00TM Service SuiteS$272.50EIP PLUS Services
Laundry3 staffS$327.00TM Service SuiteS$272.50EIP PLUS Services
Photography studio2 staffS$327.00TM Service SuiteS$272.50EIP PLUS Services
Printing shop3 staffS$327.00TM Service SuiteS$272.50EIP PLUS Services

Both plans for a cafe

Tokio Marine'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
Tokio MarineTM Dining SuiteS$545.0017S$500,000S$100,000Included

Questions people ask

Is Tokio Marine or Great American cheaper for business package insurance?

Of the 16 typical businesses both price on our pages, Tokio Marine was cheaper on 0, Great American on 16. Your own business can change the order.

How does Tokio Marine's cover compare with Great American's?

For a cafe with 5 staff: Tokio Marine TM Dining 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.