EQ Insurance · Work injury compensation insurance
EQ Insurance work injury compensation insurance
EQ Insurance's work injury compensation, sold in its business package, priced for typical employers from its published rates, where it stands against the other insurers, and how to take it up.
In short
- Shown for 13 of our typical employers, from S$356.80 to S$1,171.20 a year; the cheapest shown on 0.
- EQ Insurance is on MOM's list of designated WICA insurers (as at 23 September 2026). MOM's designated insurers.
- You apply to EQ Insurance with its own application form: Apply Now opens it on our site, filled in from the page's answers, and we place the cover.
- Read EQ Insurance’s brochure and form
HL Assurance is our one featured insurer for work injury compensation: you buy it through our Buy Now link. As on our work injury compensation page, a package from another insurer priced below HL Assurance’s is not shown, and a package whose WICA would leave a staff member out is not shown either.
Its price for each employer
| Employer | Plan | A year | Of which WICA | Place | Lowest of all |
|---|---|---|---|---|---|
| Office20 staff, S$60,000 each | EQ Business Office | S$976.20 | About S$780.00 | 4 of 6 | S$708.50 (HL Assurance) |
| Office25 staff, S$60,000 each | EQ Business Office | S$1,171.20 | About S$975.00 | 2 of 4 | S$817.50 (HL Assurance) |
| Cafe5 staff | EQ Business Food & Beverage (Restaurant) | S$479.00 | About S$97.50 | 2 of 6 | S$463.25 (HL Assurance) |
| Cafe5 staff, S$60,000 each | EQ Business Food & Beverage (Restaurant) | S$576.50 | About S$195.00 | 2 of 6 | S$463.25 (HL Assurance) |
| Restaurant10 staff, S$60,000 each | EQ Business Food & Beverage (Restaurant) | S$771.50 | About S$390.00 | 2 of 6 | S$708.50 (HL Assurance) |
| Fast food outlet8 staff, S$60,000 each | EQ Business Food & Beverage (Restaurant) | S$693.50 | About S$312.00 | 2 of 6 | S$610.40 (HL Assurance) |
| Bakery4 staff | EQ Business Food & Beverage (Take-Away) | S$417.20 | About S$78.00 | 3 of 5 | S$348.80 (HL Assurance) |
| Bakery4 staff, S$60,000 each | EQ Business Food & Beverage (Take-Away) | S$495.20 | About S$156.00 | 4 of 6 | S$348.80 (HL Assurance) |
| Clothing shop5 staff, S$60,000 each | EQ Business Retail | S$434.80 | About S$195.00 | 2 of 6 | S$381.50 (HL Assurance) |
| Clothing shop10 staff, S$60,000 each | EQ Business Retail | S$629.80 | About S$390.00 | 2 of 6 | S$545.00 (HL Assurance) |
| Minimart3 staff, S$60,000 each | EQ Business Retail | S$356.80 | About S$117.00 | 4 of 8 | S$316.10 (HL Assurance) |
| Hair salon5 staff, S$60,000 each | EQ Business Service | S$467.50 | About S$195.00 | 3 of 6 | S$381.50 (HL Assurance) |
| Laundry5 staff, S$60,000 each | EQ Business Service | S$467.50 | About S$195.00 | 3 of 5 | S$381.50 (HL Assurance) |
EQ Insurance for a professional services office with 20 staff
| Insurer | A year | Value score | Of which WICA | Public liability | Contents and stock |
|---|---|---|---|---|---|
| EQ InsuranceEQ Business Office | S$976.20 | 48 | About S$780.00 | S$500,000 | S$100,000 |
- Priced from EQ’s own application form — you apply to EQ, not buy online
- Of this price, work injury compensation is about S$780.00.
How these prices are worked out
Each package is priced from the insurer’s own published rates: the tables swept off Etiqa’s, HL Assurance’s and MSIG’s online quotes, Income’s sampled online prices, and the premium tables on Sompo’s, EQ’s, Tokio Marine’s and Great American’s application forms, with contents at the packages’ minimum of S$75,000 and no building. The WICA share is the same package priced without WICA, taken off. GST is included. Work injury is at each insurer's office-staff rate; staff who do manual work are rated higher. Allianz quotes its package live, so it is not on these pages. Shenton Brokers is an insurance broker in Singapore. Every employer is in a CSV file, updated daily.
Questions people ask
How much is EQ Insurance WICA insurance?
As a business package with WICA for all staff, for the 13 typical employers it is shown for on our pages, from S$356.80 to S$1,171.20 a year on today's published rates, GST included. It is the cheapest shown for 0 of them.
How much of EQ Insurance's price is WICA?
For a professional services office with 20 staff, EQ Business Office: about s$780.00 of S$976.20.
What else does EQ Insurance's package cover?
EQ Business Office: contents and stocks S$100,000; public liability S$500,000; work injury compensation 20 employees; business interruption S$200 a day.
Can EQ Insurance issue WICA?
EQ Insurance is on MOM's list of designated WICA insurers (as at 23 September 2026).
How do I get EQ Insurance's WICA?
You apply to EQ Insurance with its own application form: Apply Now opens it on our site, filled in from the page's answers, and we place the cover. Ask Shenton to arrange sends us the plan and we arrange it for you.