Commercial Insurance
Public liability and product liability coverage that defends your business against bodily injury and property damage claims from customers, visitors, and the public.
Backed byAXA · Chubb · Allianz · Zurich · Manulife
“A customer slipped in our showroom and filed a S$180,000 claim. TRS handled everything — the investigation, lawyers, settlement — and we paid nothing out of pocket.”
Commercial Insurance
Covers legal costs and compensation if a third party suffers bodily injury or property damage on your business premises or arising from your operations.
Protects against claims arising from injury or damage caused by products you manufacture, supply, import, or distribute to customers.
Pays the cost of defending all liability claims as they arise — including solicitor fees, court costs, expert witnesses, and investigation expenses.
Extends liability coverage to products sold or services delivered internationally — covering claims made in Singapore, UK, Europe, and selected markets.
It is not legally mandatory for most businesses, but many commercial leases and government contracts require evidence of PLI at minimum S$1M.
Public liability covers incidents at your premises or from your operations. Product liability covers harm caused by physical products you produce or sell.
Most Singapore SMEs start at S$1M per occurrence. Businesses in food service, events, or manufacturing typically require S$2M–S$5M.
Standard PLI does not automatically cover contractual liability you assumed voluntarily. Specific contractual liability extensions are available.