Retail and Office

Yes, UOB BizCare is available for tenants of rented premises. Insurance for the rented premises itself is not required unless stipulated in the tenancy agreement. You may insure your business contents, including renovations, stock, and other business property located within the premises.

Yes, you can. Simply choose a plan that best suits your business needs.

Yes. Stock is covered provided that the premises are insured under the policy.

Choosing a lower-tier plan may result in insufficient coverage. In the event of a claim, any payout will be proportionate to the sum insured.

Yes, you can sign up for UOB BizCare even if you have just started your business or are operating from home. UOB BizCare is designed to support businesses at every stage, from newly established ventures to well established companies. It helps to protect your business, ensuring continuity and peace of mind as your business grows.

No, UOB BizCare only provides coverage for businesses and premises located within Singapore.

The earliest policy start date depends on whether Work Injury Compensation Act (“WICA”) coverage is included:

• If WICA coverage is not purchased, the policy can start on the same day that UOB BizCare is purchased.
• If WICA coverage is included, the earliest policy start date is five (5) business days after the purchase date. This allows time for the submission of the Work Injury Compensation cover details to the Ministry of Manpower.

Although Work Injury Compensation coverage is based on the number of employees, the Annual Earnings figure is still required as it must be submitted to the Ministry of Manpower before the policy starts.

The above is provided for general information only and is not a contract of insurance. Full details of the terms, conditions and exclusions of this insurance are provided in the policy contract and will be sent to you upon acceptance of your application by United Overseas Insurance Limited (“UOI”). You may wish to seek advice from a qualified adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a qualified adviser, you should consider carefully whether this product is suitable for you. United Overseas Bank Limited (“UOB”) does not hold itself out to be an insurer, insurance broker or insurance agent. The insurance products and services stated herein are provided by UOI. This advertisement has not been reviewed by the Monetary Authority of Singapore.

BizCare may only be purchased by eligible customers of UOB SME Banking.

While all information provided herein is believed to be correct and reliable at the time of publishing or posting online or, where applicable, printing, UOB and UOI make no representation or warranty whether express or implied, and accept no responsibility or liability for its completeness and accuracy.

This policy is protected under the Policy Owners' Protection Scheme (“Scheme”) which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the Scheme as well as the limits of coverage, where applicable, please contact UOI or visit the General Insurance Association of Singapore or SDIC websites (www.gia.org.sg or www.sdic.org.sg).
United Overseas Bank Limited (Co. Reg. No. 193500026Z)
United Overseas Insurance Limited (Co. Reg. No. 197100152R)

Please refer to the applicable policy contract for the full details of the terms, conditions and exclusions of this insurance product.

UOB BizCare Promotion Terms and Conditions apply.

*UOB BizCare caters to most small businesses (with an annual turnover of up to S$30 million) operating within the Retail & Office, F&B, Trading, and Light industries. The following businesses and activities are excluded:

• Bars, discotheques, nightclubs, gaming clubs, KTVs, and licensed pubs with live entertainment or karaoke.
• Temporary stalls, market operators, and shops/stores situated in wet or dry markets.
• Food manufacturing operations under the F&B category.
• Business activities involving explosives, fireworks, furnace and kiln operations, brickworks, iron works, coal and steel mills.
• Metal works and metal fabrication activities.
• Chemical manufacturing or blending operations.
• Paints, coatings, adhesives, spray-painting, varnishing, and related manufacturing activities.
• Plastics and foam manufacturing activities.
• Oil refining, petroleum-related activities, and hazardous waste processing or recycling. 
• Businesses involving flammable or hazardous materials and explosive products. 
• Premises that are not of brick and reinforced concrete construction.

The above list is not exhaustive. UOI reserves the right to exclude any other trades or businesses that are not stated in the list.