Business package insurance
Does business package insurance cover public liability?
Yes. All 8 insurers we price include public liability in the package, with limits from S$500,000 to S$1,500,000 on the plans for our example. It pays claims from other people for injury or damage your business causes. Some leases require liability cover, so check yours before you buy.
The figures
- Insurers compared: 8.
- Insurers whose plans include it: 8.
- Cheapest plan from an insurer that covers it, for a cafe with 5 staff and S$100,000 of contents and stock, renting its premises: HL Assurance Business Protect360, S$218.00 a year.
- Our public liability page sets every package’s limit side by side.
What each insurer says
| Insurer | Covered? | What its details say | A year |
|---|---|---|---|
| HL AssuranceYesBusiness Protect360, S$218.00Buy Now | Yes | Business Protect360: public liability S$500,000 | S$218.00 |
| Great AmericanYesEIP PLUS F&B, S$272.50 | Yes | EIP PLUS F&B: public liability S$500,000 | S$272.50 |
| EtiqaYesBOSS Standard Suite, S$368.99Buy Now | Yes | BOSS Standard Suite: public liability S$500,000 | S$368.99 |
| EQ InsuranceYesEQ Business Food & Beverage (Restaurant), S$381.50 | Yes | EQ Business Food & Beverage (Restaurant): public liability S$500,000 | S$381.50 |
| SompoYesSpectra Food and Beverage, S$389.40 | Yes | Spectra Food and Beverage: public liability S$1,000,000 | S$389.40 |
| MSIGYesSUMO, S$408.36Buy Now | Yes | SUMO: public liability S$1,000,000 | S$408.36 |
| IncomeYesSmartBiz 360 Essential, S$450.00Buy Now | Yes | SmartBiz 360 Essential: public liability S$1,000,000SmartBiz 360 Premier: public liability S$1,500,000 | S$450.00 |
| Tokio MarineYesTM Dining Suite, S$545.00 | Yes | TM Dining Suite: public liability S$500,000 | S$545.00 |
All prices include 9% GST. A dash means no price on this page. Each insurer's policy wording is the final word on what is covered.
Allianz quotes its Smart SME package live from its own site, so it is not priced on this page: see it with your own answers on our business package page, or press Ask Shenton to arrange.
See every insurer's price for your own business, or ask us to arrange the cover.
Compare business package insuranceQuestions people ask
Does business package insurance cover public liability?
Yes. All 8 insurers we price include public liability in the package, with limits from S$500,000 to S$1,500,000 on the plans for our example. It pays claims from other people for injury or damage your business causes. Some leases require liability cover, so check yours before you buy.
Where do these answers come from?
From what we hold of each insurer's plans: the benefits in our rate tables and the insurers' own brochures and application forms, for 8 insurers. Where an insurer's details do not say, we say so. The policy wording is the final word on what is covered.
Which plan is cheapest?
For a cafe with 5 staff and S$100,000 of contents and stock, renting its premises, HL Assurance Business Protect360 is the cheapest plan from an insurer that covers it, at S$218.00 a year today, GST included.