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Business insurance

Bonds

Secure opportunities, strengthen trust

Bonds act as financial guarantees that support your business obligations. Whether for hiring foreign workers or securing contracts, they help you manage commitments without tying up capital.

Why get covered

Key reasons to be covered.

i.

Strengthens your business credibility and reputation

ii.

Frees up business cash flow for smoother operations

iii.

Meets MOM or project compliance requirements

iv.

Gives you peace of mind in fulfilling contractual obligations

What it covers

Choose the level of protection that fits.

Choose from the types of bonds that fit your needs

Foreign Worker Bond

Replaces security deposits required by MOM, ensuring compliance without locking up capital.

Performance Bond

Guarantees project completion or contractor obligations, typically covering 5% to 10% of the contract sum.

How we work

A broker works for you, not for the insurer.

i.

We listen and understand

Your needs, your lifestyle and your priorities come first, whether the cover is personal or for the business you run.

ii.

We recommend and personalise

Our brokers curate and compare plans across fourteen insurers, and explain the difference in plain terms.

iii.

You are covered with confidence

We handle the paperwork and the renewals, and we stand beside you when you need to make a claim.

Why THIB

An independent broker, on your side.

As your independent insurance broker, THIB helps you compare and customise the right business insurance plans. We partner with trusted insurers to deliver cost-effective coverage and responsive service, ensuring your business stays protected as it grows.

Placed with fourteen insurers.

Every quote we send has been compared across our panel. We work for you in the negotiation.

Related cover

Also for your business.

Get in touch

Ready to be properly covered?

Tell us what you need to protect. A broker will come back with options from our panel, usually within a business day.

The office

Address71 Bukit Batok Crescent
#11-07 Prestige Centre
Singapore 658071
HoursMon–Fri 9.30am–6.30pm
Sat by appointment
Sun & PH closed