You are bound to take insurance for your made in order to ensure financial assistance in tough times. Yes, you heard it right because the maid is not your servant, and you need to take care of them. Providing a weekly or monthly salary is not the only way you can benefit your maid. In many countries, it has become compulsory to take insurance for your maid. This has become quite common where employers are not taking this seriously. By this, we mean that low tier insurance is taken out for the made just as an act of formality. There is no smartness in doing this because their insurance is quite efficient.
A medium or high tier insurance plan will benefit your maid in case of any financial uncertainty. There are many reasons why financial insurance is provided to the maid. Here is the source to get a huge amount of money in case of any financial requirement. In this case, as an employer, you must take out insurance that will benefit your made when it is required. Looking at the current state, there are many options in front of you that can be selected in order to get an insurance plan. You are free to choose any insurance plan according to the requirements and also your capability.
There are certain factors that should be considered while getting insurance for your maid. Here, this will help you to make the right decision and opt for the best insurance plan for your maid. There is a proper procedure that is to be followed in order to get domestic helper insurance in Singapore. Looking at the current state, you need to make sure that all the steps are taken appropriately. By this, we mean that you can follow the procedure in order to get the best insurance plan in a domestic helper insurance Singapore.
If you are looking for a guide and complete procedure in getting domestic helper insurance in Singapore, then here we are to make things easy for you. Therefore, in this article, we will take a look at the guide in getting domestic helper insurance in Singapore.
- Look out for the best Insurance agency
There is no smartness in opting for a maid insurance plan in Singapore without any consideration of insurance agencies. As we all know, it is mandatory to get an insurance plan for your maid or domestic helper. In this case, the number of insurance agencies in Singapore is quite high. This means you have many options in front of you regarding the insurance agencies in Singapore. In this case, you need to find the best insurance agency in Singapore to get the best coverage and other services.
This can be done by looking for the options in the market and making things clear for you. There are different agencies providing services regarding the insurance plans for a maid or domestic worker. Looking out for multiple options will give you a legitimate idea about the services provided and also other features of the insurance agencies. To sum up all, you must lookout for the best insurance agency in order to start with getting domestic helper insurance in Singapore.
- Coverage of the insurance plan
What if you do not get full or almost decent coverage on the insurance plan? Well, this sounds weird because the motive of getting an insurance plan is to get financial assistance. For a maid, it becomes to get a huge amount of money even with the savings. For this, the insurance plan is important in order to be secured regarding monetary assistance. Here, you should know that the coverage means to what extent financial assistance will be provided to a maid.
This is highly subjective because there are different types of domestic helper insurance plans which can be chosen. In order to know about different coverage options, you can check out the instances at which financial assistance will be offered. This can include medical charges, hospitalisation costs, other petty expenses related to medical treatment, early critical illness insurance Singapore etc. The decision regarding the domestic helper insurance plan must be taken after taking note of the coverage.
- Conditions applied on the contract
There is a single insurance company that provides you with insurance without stating the terms and conditions attached to it. There are many terms and conditions attached to an insurance plan which should be known to the person for which it is taken. By this, we mean that you must first know about the terms and conditions attached to the contract before taking any decision.
This will make the decision easier for you to take regarding the insurance plan for your domestic worker. There is no smartness in accepting discriminatory terms and conditions regarding the rights of the insurer. You must take a look at the terms and conditions before accepting the insurance plan for your domestic worker. Therefore, this is also one of the major steps you must take for getting domestic helper insurance Singapore.
- Consider additional expenses
There are many expenses other than medical charges and hospitalisation expenses that must be covered in an insurance plan for your domestic worker in Singapore. This is because medical charges are not covered by each and every insurance plan in Singapore for a domestic worker. When it comes to other expenses like accidents, costs etc. there are special coverages. According to the ministry of manpower, overall coverage of $60,000 is necessary for it.
There is no way out of it, and before taking any insurance plan, you must take a look at the additional expenses covered. Here, you should know that the pay out will only be made when a subject of the insurance plan is injured or loses his life. The substitute payments will be paid by the insurance company in case your maid gets hospitalised. You will get the payment which can be paid to another house made by a domestic helper in case of any uncertainty.
