💡 Tips for Choosing the Right WICA Insurance

Written By Ops Manager

Here’s what SME owners should consider when selecting a provider:

✅ Coverage Alignment

  • Ensure the policy meets MOM’s updated limits (effective 1 Nov 2025).

  • Look for coverage that includes light duty compensation and outpatient expenses.

✅ Claims Efficiency

  • Choose insurers with proven track records for fast, fair claims processing.

  • Ask about digital claims portals or dedicated account managers.

✅ Cost vs. Risk

  • Balance premium affordability with the nature of your workforce risks.

  • For high-risk sectors, prioritize comprehensive coverage over lowest cost.

✅ Policy Flexibility

  • SMEs with seasonal or contract workers should seek customizable plans.

  • Some insurers offer add-ons for foreign worker repatriation or legal liability.

If you need help in reviewing your WICA insurance as well as your other commercial insurances, do drop us an email and our experienced business consultants will be in touch with you shortly!

Ops Manager
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🔑 Singapore’s Work Injury Compensation Act (WICA) Gets a Major Update: What Employers and SME Owners Need to Know