HL Assurance · Business package insurance
HL Assurance business package insurance
HL Assurance'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 23 of our typical businesses, from S$218.00 to S$872.00 a year; the cheapest insurer on 23.
- Its published rates price 65 of the 113 kinds of business on our business package page.
- You buy on HL Assurance's own site: Buy Now takes you there, and HL Assurance issues the policy.
Its price on each business
| Business | Plan | A year | Place | Lowest of all |
|---|---|---|---|---|
| Cafe5 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Restaurant10 staff | Business Protect360 | S$299.75 | 1 of 8 | S$299.75 (HL Assurance) |
| Fast food outlet8 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Bakery4 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Caterer6 staff | Business Protect360 | S$218.00 | 1 of 6 | S$218.00 (HL Assurance) |
| Clothing shop3 staff | Business Protect360 | S$299.75 | 1 of 7 | S$299.75 (HL Assurance) |
| Minimart5 staff | Business Protect360 | S$381.50 | 1 of 5 | S$381.50 (HL Assurance) |
| Florist2 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Pharmacy4 staff | Business Protect360 | S$381.50 | 1 of 4 | S$381.50 (HL Assurance) |
| Optical shop3 staff | Business Protect360 | S$299.75 | 1 of 7 | S$299.75 (HL Assurance) |
| Furniture shop4 staff | Business Protect360 | S$545.00 | 1 of 4 | S$545.00 (HL Assurance) |
| Computer shop3 staff | Business Protect360 | S$299.75 | 1 of 4 | S$299.75 (HL Assurance) |
| Medical clinic6 staff | Business Protect360 | S$286.13 | 1 of 5 | S$286.13 (HL Assurance) |
| Dental clinic8 staff | Business Protect360 | S$354.25 | 1 of 3 | S$354.25 (HL Assurance) |
| Hair salon4 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Beauty salon5 staff | Business Protect360 | S$218.00 | 1 of 8 | S$218.00 (HL Assurance) |
| Laundry3 staff | Business Protect360 | S$218.00 | 1 of 7 | S$218.00 (HL Assurance) |
| Photography studio2 staff | Business Protect360 | S$218.00 | 1 of 7 | S$218.00 (HL Assurance) |
| Printing shop3 staff | Business Protect360 | S$218.00 | 1 of 6 | S$218.00 (HL Assurance) |
| Accounting firm5 staff | Business Protect360 | S$381.50 | 1 of 1 | S$381.50 (HL Assurance) |
| IT company10 staff | Business Protect360 | S$490.50 | 1 of 1 | S$490.50 (HL Assurance) |
| Office10 staff | Business Protect360 | S$490.50 | 1 of 1 | S$490.50 (HL Assurance) |
| Trading company3 staff | Business Protect360 | S$872.00 | 1 of 1 | S$872.00 (HL Assurance) |
HL Assurance for a cafe with 5 staff
| Insurer | A year | Value score | Public liability | Contents and stock | Business interruption |
|---|---|---|---|---|---|
| HL AssuranceFeaturedBusiness Protect360Buy Now | S$218.00 | 67 | S$500,000 | S$100,000 | Included |
- Priced as HL Assurance’s Food and Beverage package.
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 HL Assurance business package insurance?
For the 23 typical small businesses it prices on our pages, from S$218.00 to S$872.00 a year on today's published rates, GST included. It is the cheapest insurer for 23 of them.
Which businesses does HL Assurance cover?
HL Assurance's published rates price 65 of the 113 kinds of business on our business package page.
What does HL Assurance's plan cover?
For a cafe with 5 staff, Business Protect360: contents and stocks S$100,000; public liability S$500,000; daily cash benefit S$250 a day.
How do I get HL Assurance's business package?
You buy on HL Assurance's own site: Buy Now takes you there, and HL Assurance issues the policy. Ask Shenton to arrange sends us the plan and we arrange it for you.