The insurance coverage company will issue a Letter of Guarantee for a $5,000 safety bond in your behalf to Ministry of Manpower, so that you don’t must laid down any cash deposit. Nonetheless, relying on the insurance bundle and options you purchase, you should still be liable for the $5,000 in the event you fail to repatriate the maid agency.
Be cautious when you find maid businesses that promote suspiciously low agency fees, as they could also be making up for it by charging the maids with increased placement fees. Always be certain to ask the company for a breakdown of fees to just remember to and your maid are being charged pretty.
Important Notes:
This article is supposed purely for informational functions and should not be relied upon as monetary recommendation. The exact phrases, situations and exclusions of any Revenue merchandise talked about are specified of their respective coverage contracts. For customised recommendation to fit your particular needs, seek the advice of an Revenue insurance coverage advisor.
Just a few issues to note earlier than we cowl how to seek for a great maid using the Mom EA Listing. A disclaimer: using the tools doesn’t imply you’ll definitely discover the “perfect” maid. It simply makes your likelihood slightly better. It’s also not a advice for any agency.
