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Why your agency’s maid insurance may not be enough

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1 - 10 of 10
Name Product Medical Expenses Cover Home Contents Cover Hospitalisation and surgical expenses cover Pre-existing medical conditions?
Tiq ePROTECT Maid Insurance
Up to $5,000
N/A
$15,000 per year
No
Get 10% off + up to $20 cashback using promo code 'WOWSALE2022'. T&Cs apply. Ends 31 Dec 2022.
FWD Enhanced Maid Insurance
Up to $2,000 (outpatient, due to accident)
$4,000 (optional)
$20,000
No
Get 20% discount using promo code FINMAID20 when you purchase an Enhanced Maid Insurance plan. T&Cs apply. Ends 7 Dec 2022.
MSIG MaidPlus Classic
$2,000
N/A
$30,000 per year
No
Enjoy 20% off + free medical check-up when you purchase MSIG MaidPlus Classic plan. T&Cs apply. Valid until 31 Dec 2022.
Income Standard Maid Insurance
$2,000 (outpatient, due to injury)
N/A
$15,000 per year
No
FWD Essential Maid Insurance
$1,000 (outpatient, due to accident)
$3,000 (optional)
$15,000
No
Get 20% discount using promo code FINMAID20 when you purchase an Essential Maid Insurance plan. T&Cs apply. Ends 7 Dec 2022.
MSIG MaidPlus Standard
$1,000
N/A
$15,000 per year
No
Enjoy 20% off when you purchase MSIG MaidPlus Standard plan. T&Cs apply. Valid until 31 Dec 2022.
Income Basic Maid Insurance
$1,500 (outpatient, due to injury)
N/A
$15,000 per year
No
FWD Exclusive Maid Insurance
$3,000 (outpatient, due to accident)
$5,000 (optional)
$25,000
No
Get 20% discount using promo code FINMAID20 when you purchase an Exclusive Maid Insurance plan. T&Cs apply. Ends 7 Dec 2022.
MSIG MaidPlus Premier
$3,000
N/A
$50,000 per year
No
Enjoy 20% off + free medical check-up when you purchase MSIG MaidPlus Premier plan. T&Cs apply. Valid until 31 Dec 2022.
Income Enhanced Maid Insurance
$3,000 (outpatient, due to injury)
N/A
$15,000 per year
No
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When you employ a domestic helper in Singapore, it is compulsory for you to pay for maid insurance. Often, this is taken care of by the maid agency and included in the upfront fees you pay them.

It is mandatory to have the following coverages for your domestic helper:

  • Medical coverage of at least $15,000 per year for inpatient care and day surgery
  • Personal accident coverage of at least $60,000 per year

With a basic maid insurance plan, you’ll definitely get the above coverages, alongside the security bond deposit and third-party liability coverages. However, most people are unaware of these – they may either be getting less coverage or paying more than needed with their maid insurance policies. If you’re moving into your second year (or more) of hiring your helper, it’s time to reconsider the maid insurance plan you’re paying for.

Basic Maid Insurance Coverage

Medical Coverage

The included $15,000 coverage (higher with some policies) covers only inpatient treatment and surgery expenses. This means that your maid will be covered for more costly and severe medical expenses that requires her to be hospitalised.

For FWD’s maid insurance plans, medical expenses relating to Zika and Dengue are fully covered. However, for minor illnesses and outpatient treatment, your helper’s medical bills will not be covered.

Personal Accident Coverage

If your maid gets into an accident that causes her to suffer from certain disabilities, she’ll also receive a payout that varies across the severity of the injury, up to $60,000. This will not benefit you as an employer but serves to compensate the domestic helper in a small way as she sustained the injury while working here.

Security Bond Deposit

All employers are required to pay a security bond of $5,000 ($7,000 for helpers from The Phillipines) to the Ministry of Manpower. It is a letter of guarantee that you’ll be responsible for the maid’s entry and exit from Singapore. With a maid insurance policy, this sum will be covered by the insurer so you do not have to fork out the money upfront.

Third-party Liability

Should your helper accidentally cause any injury or harm to other people, the third-party liability will help to cover for the legal expenses and any damages awarded against your helper.

Add-on Maid Insurance Coverage

Additional Medical Coverage

Considering that hospitalisation expenses can be really expensive, you may want to top up additional coverage for inpatient treatment and surgery.

Letter of Guarantee to the Philippine Overseas Labour Office

If you’re hiring a domestic helper from The Phillipines, the basic maid insurance covers only up to $5,000 in security deposit while the Phillipine Overseas Labour Office require a bond of $7,000. This means that you’ll have to fork out the remainder $2,000 in deposit, or you can opt for this add-on to have the full sum covered by the insurer.

Outpatient Medical Cover

While most maid insurance plans allows you to top-up your premiums to get higher hospitalisation and surgery cover, FWD’s maid insurance plans also allows you to get add-on outpatient cover.

There’ll be a $10 excess and $30 cap on this cover – which means that you have to pay the first $10, and FWD covers up to the next $30, for each visit to any of their panel clinics. Nevertheless, this will cover for the consultation, medication, and diagnostic tests that your domestic helper will require.

Home Contents Cover

If you’ve a home insurance plan, your home contents will be covered for if they’re lost due to a fire or burglary. The home content cover for maid insurance plans covers for the loss of your home contents due to a fire, burglary, or theft by your domestic helper.

Having said that, if you suspect your domestic helper is stealing from you, you’ll have to report it with the Ministry of Manpower and the Police, and subsequently terminate the employment contract with her, for the claim to be valid.

Getting adequate maid insurance coverage

Hiring a domestic worker can either be a godsend or a complete disaster. For couples with children or elderly to look after at home, it can be a struggle to juggle between working for a livelihood and sparing time to look after your dependents at home. Thus, a domestic helper can help to resolve the need and give you the breathing space.

Yet, having a non-family member at home can be equally worrying, as you’re entrusting the care of your loved ones and your home to someone you hardly know. That’s why it’s important to get insurance because it not only covers for your home and family, but also for the domestic helper, whom you’re liable for while she’s under your employment.

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Related Articles:

The costs and responsibilities of hiring a maid in Singapore

Most important coverage for maid insurance

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