AMTD PolicyPal With MSIG MaidPlus, get holistic coverage for you and your maid plus the peace of mind in adhering to the Ministry of Manpower’s latest requirements.
If you’re scouting for a comprehensive maid insurance plan that tailors to your needs as an employer and your domestic helper too, look no further than MSIG MaidPlus. This policy ticks off one main item on your maid insurance list by complying with the Ministry of Manpower’s requirements for maid insurance coverage.
It also goes the extra mile in providing higher hospital and surgical coverage and the added convenience of direct payment to hospitals for admissible claims.
At a glance
MSIG MaidPlus provided basic coverage, with optional covers at additional premium costs. The basic cover consists of:
- Personal accident coverage for accidental death and permanent disablement
- Hospital and surgical expenses
- Alternative domestic help
- Wages and levy
- Repatriation expenses
- Termination expenses
- Replacement maid expenses
- Special grant
- Liability to third parties
- Maid’s welfare
- Insurance guarantee bond (to the Ministry of Manpower)
Core features
- Personal accident protection of S$60,000 (per MOM’s requirement)
- High annual limit of up to S$120,000 for hospital and surgical charges, including pre- and post-hospitalisation treatment of 90 days
- Up to S$20,000 coverage to send your maid back to her home country following permanent disablement or death
- Maid insurance guarantee bond on behalf of yourself to the Ministry of Manpower (MOM) for the mandatory S$5,000 security bond
Unique features
- If you have to terminate your maid’s service due to her injury, illness, or death, get up to S$750 to hire a replacement maid
- An optional cover allows you to reduce your co-payment from 25% (as mandated by MOM) to 10% or 0% for eligible claims that exceed S$15,000
- If she needs to travel back to her home country due to the passing of her legal parent, spouse, or child, get up to S$500 coverage for your maid’s expenses
- Gain compensation for up to S$420 for wages and levy during your maid’s compassionate home leave
Related Story: How to Find the Best Maid Insurance Plan
Benefits and coverage
MSIG MaidPlus offers a 26-month maid insurance coverage plan, which is split into three tiers – Standard, Classic, and Premier.
The tables below showcase the coverage sums for each coverage type.
Personal accident: Accidental death & permanent disablement
|
Coverage Type |
Standard |
Classic |
Premier |
|
Death & permanent disablement |
S$60,000 per year |
||
|
Medical expenses |
S$1,000 |
S$2,000 |
S$3,000 |
|
Dental treatment |
S$500 (sub-limit) |
||
|
Treatment by Chinese Physician |
S$100 (sub-limit) |
||
|
Dengue Fever – Medical Expenses |
S$100 (sub-limit) |
||
Hospital & Surgical Expenses
|
Coverage type |
Standard |
Classic |
Premier |
|
Co-payment conditions as mandated by the Ministry of Manpower |
|||
|
First S$15,000 of eligible claims, no co-payment required |
S$60,000 per policy year |
S$80,000 per policy year |
S$120,000 per policy year |
|
Above S$15,000 of eligible claims and up to the sum insured, a 25% co-payment applies on the amount |
|||
|
Day surgery |
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|
90 days pre and post hospitalisation diagnostic services and treatment |
|||
Alternative domestic help
|
Coverage |
Standard |
Classic |
Premier |
|
Pays you for the cost of hiring temporary help when your maid is hospitalised due to an injury or illness |
S$50 per day (max 30 days |
S$ 50 per day (max 45 days) |
S$50 per day (max 60 days) |
Wages and levy
|
Coverage |
Standard |
Classic |
Premier |
|
Inpatient hospitalisation Compensates you for your maid’s wages and levy if she is hospitalised due to an injury or illness |
S$30 per day (max 30 days) |
S$30 per day (max 45 days) |
S$30 per day (max 60 days) |
|
Compassionate home leave Compensates you for your maid’s wages and levy if she has to travel back to her home country due to the passing of her legal parent, spouse, or child |
S$30 per day (max 14 days) |
||
Repatriation, termination, and replacement maid expenses
|
Coverage |
Standard |
Classic |
Premier |
|
Repatriation expenses Pays for the transportation expenses to send your maid back home to her home country following permanent disablement or death |
S$10,000 |
S$15,000 |
S$20,000 |
|
Termination expenses Pays for the necessary expenses to terminate your maid’s service if she is certified unfit for work due to injury or illness |
S$300 |
S$600 |
|
|
Replacement maid expenses Pays the hiring fees for a replacement maid following the termination of your maid’s service due to injury, illness, or death |
S$500 |
S$750 |
|
Special grant and liability to third parties
|
Coverage |
Standard |
Classic |
Premier |
|
Special grant Pays a lump sum benefit following the death of your maid during her employment in Singapore |
S$2,000 |
S$3,000 |
|
|
Liability to third parties Covers your legal liability for third-party accidental bodily injury or property damage as a result of the negligence of your maid in the course of and arising out of her employment in Singapore |
S$5,000 |
S$10,000 |
S$20,000 |
Maid’s welfare
|
Coverage |
Standard |
Classic |
Premier |
|
Personal belongings Pays for the loss or damage of personal effects belonging to your maid in the event of fire, water, or flood damage at your residence |
S$300 |
S$500 |
|
|
Compassionate travel expenses Covers for your maid’s travel expenses if she needs to travel back to her home country due to the passing of her legal parent, spouse, or child |
S$300 |
S$400 |
S$500 |
Insurance guarantee bond (to Ministry of Manpower)
|
Coverage |
Standard |
Classic |
Premier |
|
Letter of guarantee for a S$5,000 security bond issued on your behalf to the Ministry of Manpower (MOM) |
S$5,000 |
||
Premium costs
|
Premiums for 26 months (inclusive of GST) |
Standard |
Classic |
Premier |
|
Maids aged 50 years and below |
S$579.96 |
S$638.28 |
S$721.44 |
|
Maids aged 51-60 years |
S$1,116.72 |
S$1,227.96 |
S$1,387.80 |
|
Promotions |
Exclusive AMTD PolicyPal Group, T&Cs apply Classic/ Premier Plan: Get S$25 Rewards via PayNow and 25% discount when you BUY NOW! Standard Plan: Get S$20 Rewards via PayNow and 25% discount when you BUY NOW! 12 November – 30 November 2023 |
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Related: How to Hire a Maid in Singapore
Optional Covers
|
Coverage |
Additional Premium (inclusive of GST) |
||
|
Standard |
Classic |
Premier |
|
|
Waiver of counter indemnity for insurance guarantee bond to MOM |
|||
|
Relieves your liability in the event MOM makes a demand for security bond payment (Excess S$250) |
S$54 |
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|
Employer’s liability Covers your legal liability as an employer arising from injury or disease claims by your maid at Common Law |
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|
S$300,000 |
S$27 |
||
|
S$500,000 |
S$37.80 |
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|
S$1,000,000 |
S$70.20 |
||
|
Reduction of co-payment for Section 2 – Hospital & surgical expenses Option to reduce the standard 25% co-payment which you have to bear for eligible claims amount above S$15,000 |
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|
For maids aged 50 years and below, reduce the co-payment by the policyholder to: |
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|
10% |
S$58.32 |
S$63.72 |
S$72.36 |
|
0% |
S$154.44 |
S$169.56 |
S$191.16 |
|
For maids aged 51 to 60 years old, reduce the co-payment by the policyholder to: |
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|
10% |
S$111.24 |
S$123.12 |
S$139.32 |
|
0% |
S$295.92 |
S$326.16 |
S$368.28 |
Why does MSIG MaidPlus work for you?
MSIG MaidPlus provides you with three different tiers of basic coverage, which you can pick to suit your budget and the maid insurance coverage type you seek. Additionally, this plan gives you two unique optional covers – the Employer’s Liability add-on that covers your legal liability as an employer and the Reduction of Co-Payment for Hospital and Surgical Expenses, which is a great option to consider if you want to cut your co-payment payment percentage.
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How do I make a claim?
You will need to contact the Claims Department as soon as an incident happens to give rise to the claim, and then complete a claim form to kick off the claims process. The following documents are required during a claims submission:
- Written proof of the incident e.g. a police report or doctor’s report
- Original medical receipts
- Invoices
- All supporting documents
For medical claims that come through a hospital admission, MSIG will assess your claims and notify you of the outcome. MSIG will then make a direct payment to the hospital for its share of the hospital expenses if it is an admissible claim.
Enquire more and contact us today!
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Disclaimer: Protected up to specified limits by SDIC. This is only product information provided. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying an insurance product that is not suitable for you may impact your ability to finance your future financial needs. If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.
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