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The Ministry of Manpower has announced on its website on 21st November 2011 changes to the Work Injury Compensation Act.
The changes will take effect from 1st June 2012.

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Our Thoughts:

With the increased in compensation limits, there will be potentially higher payout in event of claims.
In view of the higher payout, insurers will have to increase premiums to maintain business viability
At Allegiance, we work with reputable insurers to deliver a competitive and comprehensive coverage for our clients.