Are you a Singapore business owner or a key executive hiring Work Permit or S Pass employees for your company? If your answer is "Yes", you will need to get migrant workers insurance (or commonly known as foreign workers medical insurance) for your employees.

In Singapore, migrant workers insurance or foreign workers medical insurance (FWMI) is a crucial aspect of hiring foreign employees:

• As mandated by the Ministry of Manpower (MOM), employers must purchase medical insurance with a coverage limit of at least S$60,000 per year for inpatient care and day surgery during the work permit or employment period.

This insurance not only safeguards workers' well-being but also ensures compliance with Singapore's regulations. Employers failing to provide adequate insurance may face penalties or restrictions on hiring foreign workers. Understanding and adhering to these insurance requirements is essential for businesses employing migrant workers in Singapore.

References:

1. Ministry of Manpower, Singapore. "Medical Insurance for Foreign Workers." Available at: https://www.mom.gov.sg/passes-and-permits/work-permit-for-foreign-worker/sector-specific-rules/medical-insurance

The short answer is "Yes". Migrant workers insurance / foreign workers medical insurance is a requirement imposed by the MOM. As the employer, you need to submit the policy details online before you can request to issue or renew a Work Permit. There are also other reasons why you need to do so.

Migrant workers insurance in Singapore extends beyond workplace injuries covered by work injury compensation insurance, especially due to various unforeseen circumstances such as illnesses, personal accidents outside of work, and repatriation needs. This comprehensive coverage ensures the well-being and welfare of migrant workers throughout their employment tenure in Singapore.