Etiqa · Business package insurance
Etiqa business package insurance
Etiqa's business package priced for typical small businesses from its published rates, where it stands against the other insurers, and how to take it up.
In short
- Priced on 22 of our typical businesses, from S$212.23 to S$922.63 a year; the cheapest insurer on 3.
- Its published rates price 86 of the 113 kinds of business on our business package page.
- You buy on Etiqa's own site: Buy Now takes you there, and Etiqa issues the policy.
Its price on each business
| Business | Plan | A year | Place | Lowest of all |
|---|---|---|---|---|
| Cafe5 staff | BOSS Standard Suite | S$368.99 | 3 of 8 | S$218.00 (HL Assurance) |
| Restaurant10 staff | BOSS Standard Suite | S$368.99 | 3 of 8 | S$299.75 (HL Assurance) |
| Fast food outlet8 staff | BOSS Standard Suite | S$368.99 | 3 of 8 | S$218.00 (HL Assurance) |
| Bakery4 staff | BOSS Standard Suite | S$324.83 | 5 of 8 | S$218.00 (HL Assurance) |
| Takeaway kitchen3 staff | BOSS Standard Suite | S$368.99 | 3 of 6 | S$272.50 (Great American) |
| Hawker stall2 staff | BOSS Standard Suite | S$212.23 | 1 of 5 | S$212.23 (Etiqa) |
| Caterer6 staff | BOSS Standard Suite | S$368.99 | 3 of 6 | S$218.00 (HL Assurance) |
| Pub or bar6 staff | BOSS Standard Suite | S$922.63 | 2 of 2 | S$632.20 (EQ Insurance) |
| Clothing shop3 staff | BOSS Standard Suite | S$324.83 | 5 of 7 | S$299.75 (HL Assurance) |
| Minimart5 staff | BOSS Super Suite | S$439.28 | 3 of 5 | S$381.50 (HL Assurance) |
| Florist2 staff | BOSS Standard Suite | S$324.83 | 6 of 8 | S$218.00 (HL Assurance) |
| Pharmacy4 staff | BOSS Super Suite | S$439.28 | 2 of 4 | S$381.50 (HL Assurance) |
| Optical shop3 staff | BOSS Standard Suite | S$324.83 | 5 of 7 | S$299.75 (HL Assurance) |
| Computer shop3 staff | BOSS Standard Suite | S$324.83 | 3 of 4 | S$299.75 (HL Assurance) |
| Medical clinic6 staff | BOSS Super Suite | S$344.57 | 4 of 5 | S$286.13 (HL Assurance) |
| Hair salon4 staff | BOSS Standard Suite | S$280.80 | 4 of 8 | S$218.00 (HL Assurance) |
| Beauty salon5 staff | BOSS Standard Suite | S$280.80 | 4 of 8 | S$218.00 (HL Assurance) |
| Gym6 staff | BOSS Standard Suite | S$280.80 | 1 of 4 | S$280.80 (Etiqa) |
| Laundry3 staff | BOSS Standard Suite | S$280.80 | 4 of 7 | S$218.00 (HL Assurance) |
| Photography studio2 staff | BOSS Standard Suite | S$280.80 | 4 of 7 | S$218.00 (HL Assurance) |
| Tuition centre6 staff | BOSS Standard Suite | S$276.11 | 1 of 2 | S$276.11 (Etiqa) |
| Music school4 staff | BOSS Standard Suite | S$276.11 | 3 of 4 | S$272.50 (EQ Insurance) |
Etiqa for a cafe with 5 staff
| Insurer | A year | Value score | Public liability | Contents and stock | Business interruption |
|---|---|---|---|---|---|
| EtiqaBOSS Standard SuiteBuy Now | S$368.99 | 44 | S$500,000 | S$100,000 | Included |
| EtiqaBOSS Super SuiteBuy Now | S$445.29 | 32 | S$500,000 | S$100,000 | Included |
- Priced as Etiqa’s Restaurant trade
- Priced as Etiqa’s Restaurant trade. Everything in Standard Suite, and:
How these prices are worked out
Each price is worked out 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. We check them against the insurers every week. GST is included. Each business rents its premises (no building cover) unless the page says otherwise; with WICA, wages are taken as S$30,000 a year for each staff member. Allianz quotes its package live, so it is not on these pages. Shenton Brokers is an insurance broker in Singapore. Every business is in a CSV file, updated daily.
Questions people ask
How much is Etiqa business package insurance?
For the 22 typical small businesses it prices on our pages, from S$212.23 to S$922.63 a year on today's published rates, GST included. It is the cheapest insurer for 3 of them.
Which businesses does Etiqa cover?
Etiqa's published rates price 86 of the 113 kinds of business on our business package page.
What does Etiqa's plan cover?
For a cafe with 5 staff, BOSS Standard Suite: contents and stocks S$100,000; public liability S$500,000; business interruption S$200 a day.
How do I get Etiqa's business package?
You buy on Etiqa's own site: Buy Now takes you there, and Etiqa issues the policy. Ask Shenton to arrange sends us the plan and we arrange it for you.