EQ Business Package
EQ was established in 2007 and built their initial insurance success through the construction-related industry and have since grown to underwrite all classes of non-life insurances to a diverse group of personal and commercial clients.
Their key business segments are motor, property, casualty, and accident and health insurance. To provide a more holistic suite of products to our clients, we are also underwriting marine (cargo and pleasure craft) and selected specialty lines.
EQ Insurance is part of the Citystate Group – a service-oriented group of diversified companies with established brands in travel, general insurance underwriting and broking, food processing and distribution, restaurants, property management and events managements.
Their key business segments are motor, property, casualty, and accident and health insurance. To provide a more holistic suite of products to our clients, we are also underwriting marine (cargo and pleasure craft) and selected specialty lines.
EQ Insurance is part of the Citystate Group – a service-oriented group of diversified companies with established brands in travel, general insurance underwriting and broking, food processing and distribution, restaurants, property management and events managements.
Key Coverage Highlights
Class of Insurance
Office
F&B
Retail
Property All Risks
Up to $2,000,000
Up to $2,000,000
Up to $2,000,000
Daily Cash for BI (up to 100 days)
Up to $300 per day
Up to $300 per day
Up to $300 per day
Business Interruption - on Gross Profit
Up to $1,000,000 over 12 months maximum
Up to $1,000,000 over 12 months maximum
Up to $1,000,000 over 12 months maximum
Public Liability
Up to $5,000,000
Up to $5,000,000
Food Poisoning Cover up to $250,000
Food Poisoning Cover up to $250,000
Up to $5,000,000
Work Injury Compensation
As per legislation
As per legislation
As per legislation
Money In Transit
Up to $20,000
Up to $20,000
Up to $20,000
Money In Premises
Up to $20,000
Up to $20,000
Up to $20,000
Eligibility Requirements
- There had not been any claims to date for the last 3 years.
- There had not been past Insurers refusing to give cover, renew or imposed any special terms.
- The premises are constructed of brick, tile, concrete or non-combustible materials.
- The premises have firefighting measures and meets minimum SCDF requirements including fire extinguishers and hose reels.
- All entrances to the premises are protected with roller shutter/glass door/iron grilles/padlock and are securely locked after operating hours.
- The premises is not used as storage, warehouse, manufacturing operations and/or any manual activities.
- The premises is solely occupied by your entity and not shared with other tenants.
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