Foreign Worker Insurance Guarantee
Designed for businesses that employ foreign workers, the objective of this policy is to serve as a guarantee to the Immigration Department. The policy covers repatriation expenses in the event of deportation of the foreign worker, due to violations of immigration laws, involvement in illegal activities or the Company being dissolved and incapable of compensating the employee. Requirements include:
- Cash-Before-Cover (CBC)
- Limit Per Guarantee
- Letter of Indemnity (LOI)
- Cash Collateral