Read the wording alongside the policy schedule and any amendments. A brochure helps you shortlist products; it is not a substitute for the issued contract.
Keep a dated copy of the documents used for approval. If two people interpret a clause differently, ask the insurer for written clarification before relying on it.
Start with the insuring clause, then check limits, exclusions, duties after an incident and how notice must be given.
Sources
- MoneySense: Insurance basics
How insurance works; insurance policy and premium
Reviewed 23 October 2026 · Source details
- AIG Singapore: Commercial General Liability policy wording
Pages 3, 6–9 and 18: contract, schedule, liability limits, defence costs, deductible and subrogation.
Reviewed 23 October 2026 · Source details