Also known as Workmen Compensation, is a law that requires employer to legally liable provide compensation to his workers for his injury and to his dependents for his death due to an accident arising out of and in the course of employment. Such liability may arise out of either the Work Injury Compensation Act or out of Common Work Injury Compensation Insurance is compulsory for all manual workers (regardless of their income) and all non-manual workers with monthly earnings not exceeding S$1,600. It provides protection to employers against the liability as per the Act as well as at Common Law. WICA Insurance is availed either on an annual basis or for each project or contract.

Contractors All Risk insurance provides an all risks cover during the construction period for contract works against loss or damage to property, third party liability for accidental bodily injury or property damage in connection with the performance of the contract, and delay in startup. It offers protection against indemnities from any cause and abrupt & unexpected physical damage, other than those specifically excluded. With additional premium paid, the contractor may to include other risks such as construction machinery and equipment, removal of debris, third party liability, advanced loss of profit and surrounding property damage.

Equipment All Risk indemnifies loss due to unforeseen and sudden physical loss or damage from any cause other than excluded causes. Mechanical Breakdown, failure, breakage or derangement, loss or damage to replaceable parts or consumables explosion of any boiler or pressure vessel, vehicles meant for road use, vessels and crafts, wear and tear, corrosion,

Equipment under testing, War and terrorism, nuclear radiation, willful negligence, inventory losses and all consequential losses are excluded from the cover.

Industrial All Risks covers accidental loss or damage to insured property at the location specified in the policy. The cover provided is against all perils other than those specifically listed under Excluded Perils.

This is a single policy which covers loss or damage to property under Section 1 and loss of income or profits caused by interruption in consequence of an indemnifiable material damage loss, under Section 2.

Plant and machinery Insurance offers all risk protection for machineries and tools; it basically covers predominantly transportable equipment and machinery owned or leased by the principals or contactors. It generally refers to equipment used to perform duties in construction sites, maintenance jobs and normal work site. It covers the equipment from loss, theft or damage. The insurance policy purchasers can be owners of machineries, financial institutions, banks and contractors, basically individuals who have a direct interest in the equipment.

Small Construction package covers contractors from three major coverage – Third Party Liability, Contractor All Risk and Work Injury Compensation for your project. It is suitable for construction projects with contract value less than S$1,000,000, project with less than 12 months duration.