Great American · Business package insurance
Great American business package insurance
Great American'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 19 of our typical businesses, from S$218.00 to S$545.00 a year; the cheapest insurer on 1.
- Its published rates price 55 of the 113 kinds of business on our business package page.
- You apply to Great American 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 Great American’s proposal form
Its price on each business
| Business | Plan | A year | Place | Lowest of all |
|---|---|---|---|---|
| Cafe5 staff | EIP PLUS F&B | S$272.50 | 2 of 8 | S$218.00 (HL Assurance) |
| Restaurant10 staff | EIP PLUS F&B | S$354.25 | 2 of 8 | S$299.75 (HL Assurance) |
| Fast food outlet8 staff | EIP PLUS F&B | S$272.50 | 2 of 8 | S$218.00 (HL Assurance) |
| Bakery4 staff | EIP PLUS Retail | S$218.00 | 2 of 8 | S$218.00 (HL Assurance) |
| Takeaway kitchen3 staff | EIP PLUS F&B | S$272.50 | 1 of 6 | S$272.50 (Great American) |
| Hawker stall2 staff | EIP PLUS F&B | S$272.50 | 3 of 5 | S$212.23 (Etiqa) |
| Caterer6 staff | EIP PLUS F&B | S$272.50 | 2 of 6 | S$218.00 (HL Assurance) |
| Clothing shop3 staff | EIP PLUS Retail | S$299.75 | 2 of 7 | S$299.75 (HL Assurance) |
| Minimart5 staff | EIP PLUS Retail | S$381.50 | 2 of 5 | S$381.50 (HL Assurance) |
| Florist2 staff | EIP PLUS Retail | S$218.00 | 2 of 8 | S$218.00 (HL Assurance) |
| Optical shop3 staff | EIP PLUS Retail | S$299.75 | 2 of 7 | S$299.75 (HL Assurance) |
| Furniture shop4 staff | EIP PLUS Retail | S$545.00 | 2 of 4 | S$545.00 (HL Assurance) |
| Hair salon4 staff | EIP PLUS Services | S$272.50 | 3 of 8 | S$218.00 (HL Assurance) |
| Beauty salon5 staff | EIP PLUS Services | S$272.50 | 3 of 8 | S$218.00 (HL Assurance) |
| Gym6 staff | EIP PLUS Services | S$302.48 | 3 of 4 | S$280.80 (Etiqa) |
| Laundry3 staff | EIP PLUS Services | S$272.50 | 3 of 7 | S$218.00 (HL Assurance) |
| Photography studio2 staff | EIP PLUS Services | S$272.50 | 3 of 7 | S$218.00 (HL Assurance) |
| Printing shop3 staff | EIP PLUS Services | S$272.50 | 3 of 6 | S$218.00 (HL Assurance) |
| Music school4 staff | EIP PLUS Services | S$272.50 | 2 of 4 | S$272.50 (EQ Insurance) |
Great American for a cafe with 5 staff
| Insurer | A year | Value score | Public liability | Contents and stock | Business interruption |
|---|---|---|---|---|---|
| Great AmericanEIP PLUS F&B | S$272.50 | 42 | S$500,000 | S$100,000 | Not included |
- Priced from Great American’s own proposal form — you apply to Great American, not buy online
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 Great American business package insurance?
For the 19 typical small businesses it prices on our pages, from S$218.00 to S$545.00 a year on today's published rates, GST included. It is the cheapest insurer for 1 of them.
Which businesses does Great American cover?
Great American's published rates price 55 of the 113 kinds of business on our business package page.
What does Great American's plan cover?
For a cafe with 5 staff, EIP PLUS F&B: contents and stocks S$100,000; public liability S$500,000.
How do I get Great American's business package?
You apply to Great American 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.