MOM Advisory To Employers of Indonesian FDW on Indonesian Embassy New Performance Bond

MOM Advisory To Employers of Indonesian FDW on Indonesian Embassy New Performance Bond

The Ministry of Manpower (MOM) has issued an advisory to all employers of Indonesian FDW regarding the Indonesian Embassy's new performance bond requirement. Under this bond, the employer is liable to pay $6000 to the embassy should they forfeit the bond.

MOM has clarified that the Indonesian embassy bond is not a requirement of the Singapore government and that the ministry is concerned that there appears to be a lack of a proper mediation or dispute resolution process available to employers before the Indonesian embassy can forfeit the bond.

For the full advisory, please visit http://www.mom.gov.sg/newsroom/press-releases/2018/0508-mom-advisory-to-employers-of-indonesian-fdw-on-indonesian-embassy-new-performance-bond-requirement

MOM also has a FAQ at http://www.mom.gov.sg/faq/indonesian-fdw-performance-bond

Some questions:
1. How do you think this will affect the demand for helpers from Indonesia?
2. Are current employers in a catch 22 situation? Are they better off signing or not signing the new embassy contract and thus having to purchase the Indonesian embassy bond? And if they don't sign, can they continue employing the Indonesian helper?
3. Is the alternative suggested by MOM to look for helpers from other countries or to engage part time help the way to go?
4. How will the new measures affect Indonesian helpers already working in Singapore, especially if they need to renew their passport or go for home leave?

For write up on maid insurance and bond required by MOM, visit http://www.hungchau.sg/our-services/maid-fdw-insurance-and-security-bond/

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Changes To Personal Accident Insurance Requirements For Foreign Domestic Workers From 1 October 2017

Changes To Personal Accident Insurance Requirements For Foreign Domestic Workers From 1 October 2017

The Ministry of Manpower (MOM) has made changes to the Personal Accident Insurance (PAI) requirements for Foreign Domestic Workers (FDWs) since 1 Oct 2017. This is to ensure that all FDWs continue to be adequately compensated should they become permanently disabled or passes away during their employment in Singapore.

You can read more about it at the MOM webpage – http://www.mom.gov.sg/newsroom/press-releases/2017/0507-changes-to-pai-for-fdws

The key changes are:

  1. Raising the minimum sum assured from $40,000 to $60,000
  2. Standardising the definition of accidents to cover all sudden, unforeseen, and unexpected incidents that results in the death or permanent disability of the FDW
  3. Clarifying the period of coverage
  4. Allowing FDWs or their legal representatives to file claims directly with the insurer

At Hung Chau, we are able offer Maid Insurance that meets the latest MOM requirements. Contact us for more details using the form below:

    Key Benefits of Our Maid Insurance:

    • Meets Ministry of Manpower’s requirement for Security Bond, Personal Accident, and Hospitalization & Surgical Expenses
    • Fast transmission to Ministry of Manpower
    • Quick turnaround time
    • Comprehensive coverage including worldwide cover for Personal Accident and Hospitalisation
    • Attractive premium