Basis of Limit of Liability:
The limit of cover you need will depend on the nature, size and structure of your business and other factors such as the risks involved with your business operations.
Information Required for Underwriting Consideration
Name of Insured, Nature of Business, Territorial Limits, Occupancy, Limit of Liability, Claim History.
Policy Owners’ Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit www.sompo.com.sg/FAQ
or the GIA / LIA or SDIC websites (www.gia.org.sg
The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits; or contact our Sompo authorised agent or your insurance broker for more details.