Do I have to pay the maid salary when she goes on home leave? Yes, employer is to pay home leave (including return air ticket) of at least 14 days if both parties agree to extend the contract.
A security bond is a binding pledge to pay the government (up to $5,000) if you break the security bond conditions. When your FDW is transferred to another employer, you are discharged from this liability.
The waiver of counter indemnity is an optional add-on feature of maid insurance policies where the insurer promises to bear the loss of this deposit in the event of a contract breach from S$5,000 to S$250 or even to S$0.
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You should receive the renewal letter from MOM about 8 weeks before your helper's Work Permit expires. After you receive the renewal letter, you can renew her Work Permit online. If your helper plans to travel overseas just before the expiry date, you should renew the Work Permit before she leaves Singapore.
Dental expenses for foreign domestic workers
It is important to note that most insurance plans do not cover any expenses in respect to normal dental inspection and treatment. So if your helper requires dental work done, the bill will not be covered by insurance.You must
buy a
security bond for each non-Malaysian foreign worker you employ. You can
buy the
bond at any bank or insurance company.
When to buy the bond
- Buy a security bond.
- Get your insurer to send us the security bond details.
- Ensure that the security bond takes effect when your worker arrives.
You are required by the Ministry of Manpower (MOM) to purchase a security bond of $5000 for your foreign domestic worker (FDW). This applies to FDW of all nationalities with the exception of Malaysian. A security bond serves as a binding pledge placed upon you as an employer to uphold the conditions of hiring a FDW.
As an employer of a Filipino domestic maid, you are required to take up a Philippines Embassy Bond. This function as an undertaking to the Philippine Overseas Labour Office to ensure you complies with the Standard Employment Contract for a Filipino Household Worker.
This post is only on the philippines embassy bond which is a contractual obligation between you and the Philippines government. It is to ensure that your Filipino maid is being paid the right wage, has a rest day, has sanitary living quarters and will receive adequate medical and dental care.
To submit an application manually:
- Get a written consent from the FDW to apply for Work Permit.
- Download and complete the Work Permit application form.
- Submit the completed application along with the supporting documents over the counter at any SingPost branch.
- Pay the $35 fee for each application.
FULL DAMAGE WAIVER (FDW) All our cars can be rented with full insurance (Full Damage Waiver) with no excess at all (no driver's risk) that covers all repair costs in case of accident.
A security bond is a legally binding contract to pay MOM (Ministry of Manpower) if the employer or work permit holder violates any of the Work Permit Conditions. The intent is to ensure that both employer and worker comply with the conditions of the Work Permit. Employers cannot ask the worker to pay for the bond.
The amount of money you paid for the bond (known as the bond premium) may be fully or partially refundable in some of the above situations. The amount of the bond premium you get back is based upon the surety company and the time of cancellation.
Philippines Overseas Labour Office Performance Bond
This performance bond is a contractual obligation between you and the Philippines government to make sure that your Filipino maid is being paid the right wage, has a rest day, has sanitary living quarters and will receive adequate medical and dental care.In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The bond is a debt security, under which the issuer owes the holders a debt and (depending on the terms of the bond) is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date.
The Security Bond Transmission Number itself, or the “SB Transmission No”, is particularly important as this piece of information is what the insurance company will send to the MOM to indicate that they will undertake the guarantee of your Security Bond.
You will get an IPA letter when your Work Permit application is approved. The validity of the IPA will be mentioned in the letter. This is the window you have to bring the foreign worker to Singapore. To check the validity of an IPA, use Work Permit or IPA Validity Check via WP Online (Non-login).
If a domestic helper becomes pregnant, her employer is expected to report it to the Manpower Ministry (MOM). Employers will not forfeit the security bond bought before the helper arrived if they prove that they reported the pregnancy when they were first aware of it.
