UOB BizCare

UOB BizCare

Protect your important business with a comprehensive insurance plan that covers nine business risks such as public liability, cyber risks and accidental loss or damage of your goods and property.

Benefits

Covers a wide range of risks

Covers a wide range of risks

This includes cybersecurity threats.

Get instant approval

Get instant approval

Fuss-free processing with no underwriting required1.

Pay less for more coverage

Pay less for more coverage

More affordable than buying standalone insurance.

How you are protected - BizCare covers 9 important business risks

Public Liability

Legal liability for accidental bodily injury or property damage to third parties arising out of the operation of your business.

All Risks

Accidental physical loss of or damage on all Personal Properties including but not limited to contents, office equipment, stocks-in-trade, furniture, machinery and equipment and all other personal properties of every kind and description belonging to you or properties leased, rented, hired by you.

Burglary

Physical loss of or damage to your insured property as a result of theft by forcible and violent entry or exit of your business premises.

Cyber Risks

Interruption of computer systems caused directly by a failure of computer security to prevent security breach.

Electronic Equipment

Cost of repairs to or replacement of electronic data processing equipment caused by any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.

Fidelity Guarantee

Loss of money or property, belonging to you or for which you are legally responsible as a direct result of any act of fraud or dishonesty committed by your employees.

Increased Cost of Working

Covers in conjunction with All Risks. Daily benefit shall be payable (up to maximum 100 days) if the interruption of or interference with your business results in a total suspension from operation.

Money

Loss of or damage to money whilst kept within your business premises or whilst in transit anywhere in Singapore provided it is in your personal custody or the custody of your authorised employees.

Plate Glass

Indemnifies you for the breakage of fixed glass insured in your business premises.

Ready to apply?

Ready to apply?

Underwritten by Distributed by
UOI UOB

Frequently asked questions

What industries does UOB BizCare cover?
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  • Office/Service
  • Food & Beverage
  • Retail/trading
  • Light industry

BizCare provides coverage for nine types of common business risks, including public liability and cyber security risks – it is more affordable than buying standalone insurance.

It is important to have a business insurance plan that provides wide coverage against unforeseen accidents, as the financial consequences of such unforeseen events could easily wipe out the assets of a small business.

Choose from 3 plans depending on how much coverage you want and pay online. Get a quote here.

BizCare does not include WIC.

You can now purchase BizCare online instantly – simply select your industry type, choose from 3 plans depending on how much coverage you want and pay online. Instant approval, no underwriting required.

You can reach us via the Business Banking hotline (+65) 6259 8188 or drop us a message here.

Additional information

Important notice
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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 selected customers of the Business Banking segment of UOB.

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 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 your insurer or visit the General Insurance Association (GIA) or SDIC websites.

 

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.

Click here for full BizCare Promotion Terms and Conditions.

1BizCare will cater for most of types of businesses in the "small business" segment, with the following exceptions: Bar, discotheque, KTV; Business activities involving Explosives, Furnace and Kiln (brickworks, iron works, coal and steel mills); Catering and food delivery services; Containers and/or paper board boxes; Courier services; Flammable and hazardous products; Foams and plastics; Jewellery, timepieces, antiques, work of arts, sculptures, stamps, precious stones / metals, coins and currency notes; Joss sticks and incense paper; Kiosk and push cart outside shopping mall; Livestock; Money changers, pawn shops; Motor and repair workshops; Nurseries and landscape; Paints and varnish; Petrol Stations; Soho office; Spray painting / Varnishing / Paint retail shop; Wordworking risks; Manual work involved outside of insured’s own premises except for the purpose of delivery of goods only; Risks outside of Singapore; Premises not of brick / tile / concrete construction and/or with properties kept in the open or without perimeter fence; Shops / stores situated in a wet/ dry market.

This list is not exhaustive, UOI reserves the rights to exclude any other trades/ businesses that are not stated in the list.

One Bank For ASEAN. World's Best Bank for SMEs.One Bank For ASEAN. World's Best Bank for SMEs.

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