Employee Benefits Insurance

The trend in Singapore has been one of employers providing better care to their employees. This is mainly because of the tight labour market conditions. And with a view to combating job-hopping, more company incentives and benefits now await deserving workers.
Employee benefits insurance plans often form an integral part of an employer’s incentive package, they are designed to reward and retain key personnel and loyal, hardworking staff.

The covers normally taken out are:-
Group hospital & surgical insurance
Group term life insurance
Group personal accident insurance
Group disability income insurance

A company may consider one, two, three or even a combination of all four of the covers, depending on their particular needs or situation.