Service Classic serves the insurance needs for business which render personal services such as bridal, photographic studios, laundry & dry cleaning including self enrichment courses such as cookery, bakery and music lessons.

Service Wellness serves the insurance needs for business which render professional services in personal care and grooming such as hair & beauty salons, manicures & pedicures, foot reflexology, spas, slimming centres, clinics, health & fitness centres and gymnasiums.

All Risks

• Plate glass cover up to 5% of sum insured.
• Full theft cover up to S$50,000.
• Covers Photographic equipment (if any) used in connection with your business up to S$1,000 any one item, subject to an overall maximum limit of 10% of the sum insured.

Consequential Loss

• Amount of daily benefit payable up to a maximum period of 100 days in the event of interruption or interference to your business as a result of the closure of the whole premises resulting from loss of or damage by a loss covered under All Risk section.

Money

• Damage to locked drawers/safes/cash registers due to theft or attempted theft up to S$500.
• Automatic increase in Sum Insured by 50% up to S$5,000 for 3 days running consecutively and immediately following Chinese New Year, Hari Raya Puasa, Deepavali and Christmas Day.
• Personal Accident (Assault) Coverage for 2 employees at S$10,000 each.

Public Liability
Legal liability for third party property damage and/or bodily injury caused by/arising from:

• Deleterious matter in food and drinks or utensils supplied by you at your premises up to S$250,000.
• Neon/advertising signs owned by you up to S$100,000.
• Director(s) or non-manual executives traveling anywhere in the world in connection with your business.
• Tenant's Liability.

Goods In Transit

• Loss of or damage to insured property caused by any fire or explosion, overturning or derailment of land conveyance, collision or contact of conveyance with any external object whilst in the course of transit by any vehicle owned by or hired by you up to S$2,000.

• 10% No Claim Discount off the renewal premium if there is no claim during the preceding 12 months
• A one-time 10% Chain discount off the first premium if 3 or more chain outlets are insured under Spectra.

This policy is protected under the Policy Owners’ Protection Scheme (applicable to Personal Accident and Work Injury Compensation Sections only) [View Details]

The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits.