Shield your business with workplace injury compensation insurance
As an entrepreneur, you should feel secure, knowing you are covered when these accidents happen! Enjoy peace of mind, with the right insurance policies and coverage in place.
As an entrepreneur, you should feel secure, knowing you are covered when these accidents happen! Enjoy peace of mind, with the right insurance policies and coverage in place.
Employers are mandated to purchase insurance for all of their employees that falls under the Workplace Injury Compensation Act (WICA) under Ministry of Manpower, which stipulates that the insurance is compulsory for employees who are involved in manual work, or whose salaries are $2,600 and below per month.
Cover starts from S$200 per year.
Costs incurred when insured employees meet with work-related accidents or diseases, such as:
This insurance product is compulsory for businesses with employees that falls under the 2 categories in the WICA act which are:
The insurance provides coverage and reduces loss for your business in the event that an employee meets with an accident or sustains an injury during the course of work.
The Straits Times
February 13, 2020
3 min read
The Straits Times
September 27, 2019
3 min read
WICA
3 min read
Arnaud Rastoul
CEO & Co-Founder, TetriXX Pte. Ltd.
“We have been working with Sleek for Corporation secretary, Accounting and Payroll. The team is very responsive and helpful in finding and implementing the best options for our company.”
Praveen Dayal
Lead Trainer, Elite Expertise Pte. Ltd.
“If you’re looking for a company that can provide exceptional service in company incorporation, company secretary, accounting services and support, look no further than Sleek.”
Rishi Chadha
Director, SentientGaming QA Solutions
“We have been working with Sleek since April-2022. I can say without any hesitation they are simply brilliant, listening to clients and always available for crisis management.”
John-Guy Park
Founder & CEO, Workfutur Pte Ltd.
Sophie Chhuon
Founder, POASIA
We have recently engaged Sleek as our corporate secretary and accountant, so far we are happy with their service. The team as been very proactive, and managed our requests. Thanks Sleek team for the professionalism!”
Sheila Karpe
Founder, Unearth Balance
Can the business purchase WICA for employees who are not involved in manual work and whose salary is more than s$2,600 per month?
Yes, that can be done!
