construction construction projects come with its risks protect against uncertainties for smooth completion Small Construction Package 2.

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1 construction construction projects come with its risks protect against uncertainties for smooth completion Small Construction Package 2.5

2 At AXA, insurance isn t just about policies. We know you need reliable protection for your small construction projects, and you want adequate protection for your workers. And you need the process to be easy and fast. We hear you, and the AXA Small Construction Package 2.5 is the ideal all-in-one solution to meet your needs. You no longer need to apply for policies separately. One step is all you need. This means more time for you to focus on your business and projects. Let us help protect your business. Contact your AXA agent or call us at today. COVERAGE A comprehensive construction package providing all risks, third party liability and work injury compensation. This packaged policy is designed to cover construction activities at the project site (except specific exclusions as mentioned in the policy) Here is how the AXA Small Construction Package 2.5 protects your business: Physical loss or accidental damage to the works requiring repair or r einstatement not specifically excluded Customise your coverage based on your project needs All Risks y Up to S$5m coverage for damages, loss or injuries that may be inflicted upon another party as a result of the actions of your construction works Damage to property of a Third Party by vibration, removal or weakening of support Third Party Liability y Provide compensation to your workers and their dependents for personal injury/death by accident arising out of and during the course of employment at the project site. The liability may rise out of the Work Injury Compensation legislation. Covers all managers, engineers, supervisors, workers at the worksite Claims on medical leave wages, medical expenses up to S$50,000 lump-sum compensation for permanent incapacity or death to S$50,000, Work Injury death Compensation

3 More than just a Construction Insurance PERIOD OF INSURANCE Maximum construction period up to 12 months and extended maintenance period up to 12 months RANGE OF COVERAGE OFFERED Professional Fees Removal of Debris Principal s Existing Property Workmen Injury Compensation Wages : Between 5% and 25% : Between 5% and 25% : Up to S$1 Million : Minimum 20% : S$1 or S$3 or S$5 Million MEANING OF TERMS Professional Fees : This is to cover professional fees for services (but not for the purpose of preparing claims or disputing policy liability) by architects, engineers and surveyors reasonably and necessarily incurred by the insured to restore insured property subject to property damage. Provided always that the Company's maximum liability for such professional fees shall be the amount specified in the Application Form. Removal of Debris : This is to cover reasonable cost and expense necessarily incurred to support, dismantle demolish or remove debris of insured property subject to property damage and to provide site hoardings or barriers therefore necessary for public safety. Provided always that the Company's maximum liability for such professional fees shall be the amount specified in the Application Form. Principal's Existing Property : This is to cover the Principal's existing property or property belonging to the or held in care, custody or control by the Insured(s). For detailed coverage, please refer to the Policy.

4 More than just a Construction Insurance BUILD YOUR OWN PLAN Flexibility to choose your coverage for limit Simple proposal form that is easy to complete Enjoy the benefit of the Contractor All Risks Policy and Workman Injury Compensation Insurance Policy under one combined Policy Quick and reliable solution to your small construction project needs TRADES OR A CTIVITIES SUITABLE FOR THIS P ACKAGE Renovation works Rehabilitation or reinstatement works Addition and Alteration works Exhibition or staging works Construction of Single House without basement Pavement work Small Contract works Small upgrading work from town council and/or HDB EXCLUDED TRADES OR ACTIVITIES Works with contract value of more than S$ 2.5 million Works with contract period of more than 12 months / maintenance period of more than 12 months Hydraulic engineering, under water works, or wet risk Civil works such as tunneling, earthworks, road and bridge construction, etc All piling or structural demolition works, either stand alone or form part of the contract works Pure scaffolding erection works Excavation works of more than 1.5 metres in depth External works exceeding 10 metres in height Contract works that require to work in or near: power plant, boilers, clean room, transform-ers, mills, cement plants, steel/metal plant, waste recovery/ recycling plant, chemical and/or petrochemical plants This brochure is not a contract of insurance. The specific details applicable to the insurance are set out in the Policy, which is the operative document.

5 More than just a Construction Insurance APPLICATION PROCESS 1. - For agents, obtain the price and application form from AXA e-guide - For all other intermediaries, contact your business development partner for a soft copy of the application form - For direct clients contact us at to: distributor.care.commlines@axa.com.sg and CC to your business developing partner. Indicate the subject title as SCP Application for priority processing. 3. Documents required: (1)Letter of acceptance/award and/or Works order (2)Endorsed application form MINIMUM PREMIUM 1 Million 3 Million 5 Million Minimum Premium ILLUSTRATIVE PREMIUM The following table illustrates the premium (excluding GST) at this level of benefits, Professional Fees 5% of Contract Works Removal of Debris 5% of Contract Works Principal's Existing Property Nil Estimated Wages 20% of Contract Works Value of Contract Works 1 Million 3 Million 5 Million 100, , ,161 1,000,000 1,750 1,761 1,970 1,500,000 2,625 2,642 2,955 2,000,000 3,500 3,522 3,940 2,500,000 4,375 4,403 4,925 *This table is for illustration purposes only. Please use the soft-copy application form to obtain an accurate quote.

6 AXA : A World Leader in Financial Protection AXA Group in billion Euros in consolidated revenues 166,000 employees working to deliver the right solutions and top quality services to our customers 103 million customers across the globe in 59 countries have placed their trust in AXA to: Insure their property (vehicles, homes, equipment) Provide health and personal protection coverage for their families or employees Manage their personal or corporate assets Interbrand s No. 1 global insurance brand for the 8th consecutive year Over 170 years of local experience in Asia AXA Insurance Singapore in 2015 Leading General Insurer in Singapore Business ranking No. 2 in Motor, Health, Engineering, Cargo & Work Injur y Compensation Insurance Wide range of Smart products for individual and business needs No. 1 for Corporate Reputation (source: Reputation Management Associations) motor property leisure & travel healthcare personal accident business packages liability marine AXA INSURANCE SINGAPORE PTE LTD 8 Shenton W ay, #27-01 AXA T ower Singapor e Customer Car e Depar tment: #B1-01 : (Within Singapore) / (65) (International) : (65) : GST Reg. No.: M Co. Reg. No.: D AC/Small Construction Package 2.5 /Oct 2016 This policy is protected under the Policy Owners Protection Scheme which is administer ed by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA or SDIC websites ( g.sg or g.sg).