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Find out moreBusiness insurance protects company from unforeseen issues, improves the company’s credibility and boost employee productivity.
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Cover the cost to extract and compile information required by the company from the insured’s own record for the purpose of preparing a claim under the policy.
BizCare 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.
Class of Insurance | Plan A | Plan B | Plan C |
Fire | To be determined by insured Ranging from RM10,000 - RM10,000,000 |
To be determined by insured Ranging from RM10,000 - RM10,000,000 |
To be determined by insured Ranging from RM10,000 - RM10,000,000 |
Limited All Risk | RM20,000 | RM20,000 | RM20,000 |
Burglary | RM50,000 | RM50,000 | RM100,000 |
Money | RM5,000 | RM5,000 | RM10,000 |
Plate Glass | RM5,000 | RM5,000 | RM10,000 |
Public Liability | RM500,000 any one event/ RM1,000,000 per annum | RM500,000 any one event/ RM1,000,000 per annum | RM1,000,000 any one event/ RM1,000,000 per annum |
Employer Liability | RM500,000 any one event/ RM1,000,000 per annum | RM500,000 any one event/ RM1,000,000 per annum | RM1,000,000 any one event/ RM1,000,000 per annum |
Terrorism Insurance | Not Covered | RM200,000 | RM300,000 |
Class of Insurance |
Fire |
Limited All Risk |
Burglary |
Money |
Plate Glass |
Public Liability |
Employer Liability |
Terrorism Insurance |
Industries Offered | |
• General Merchandise • Retail Outlet • Department Stores • Emporiums • Supermarkets, mini-markets and shopping |
• Laundries/ launderettes and dry cleaners • Hair dressing salon/beauty salon • Coffee shops and Restaurants • Others |
BizCare is a comprehensive business insurance package and does not offer standalone insurance coverage. BizCare covers up to 9 business risks including public liability, accidental loss, burglary or damage of your goods and property.
BizCare is highly recommended as it provides comprehensive insurance protection for your business. It offers public liability coverage, financial security and peace of mind in the face of unforeseen events and potential liabilities.
BizCare offers up to 9 business protection including loss or damage due to fire, public liability, employer liability, business interruption, accidental risk, burglary, loss of money, damage of plate glass and terrorism insurance.
UOB offers all kind of business protection you need, including fire insurance, commercial vehicle, personal accident, all risk insurance, marine, engineering, equipment, public liability, fidelity guarantee and many more.
All BizCare application via online will get instant approval!
You may contact us here or write to us via businessbanking.servicecentre@uob.com.my
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IMPORTANT NOTICE AND DISCLAIMER The above is provided for general information only and is not a contract of insurance nor is it intended as an offer or recommendation with respect to the purchase or sale of the above product[s]. Full details of the terms, conditions and exclusions of these insurance products are provided in the applicable policy contract and will be sent to you upon acceptance of your application by our panel Insurance Company. You may wish to seek advice from a qualified adviser before making a commitment to purchase the insurance 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 (Malaysia) Berhad does not hold itself out to be an insurer, insurance broker or insurance agent. The insurance products and services stated herein are provided by our Panel Insurance Company. While all information provided herein is believed to be correct and reliable at the time of publishing or posting online or, where applicable, printing, United Overseas Bank (Malaysia) Berhad makes no representation or warranty whether express or implied, and accepts no responsibility or reliability for its completeness and accuracy. All claims and liabilities arising from the purchased policies should be made with the respective insurance company. |
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Terms & Conditions Please refer to the applicable policy contract for the full details of the terms, conditions and exclusions of this insurance product. |
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