First Ever Business Loan with
Loan Repayment Insurance
Complimentary 12 months insurance. T&Cs Apply
First Ever Business Loan with
Loan Repayment Insurance
Complimentary 12 months insurance. T&Cs Apply
We understand that taking a loan to grow your business is a serious commitment. And you’ll want to ensure your business, partners and family will be protected should anything accidental happen to you.
DBS Business Loan with Loan Repayment Insurance was created to give you that peace of mind. It’s the first collateral-free Business Loan in the market with insurance coverage to take care of your loan repayment, on top of your accidental insurance benefits.
Don’t miss out: Exclusive promotion for new Business Loan applications!
There are two main components:
Collateral-Free Business Loan
Take a loan of up to S$500,000 to help take your business to the next level
Loan Repayment Insurance
The loan comes with a first-in-market insurance product that we have curated for you. It features:
- Coverage of $100,000 per insured person (for up to 2 partners/ guarantors/ directors/ owners of companies/ firms ).
Benefit Table
| Benefits | Benefits Amount |
| Accidental Death Benefit | S$100,000 |
| Accidental Permanent Disability Benefit (Lump sum payout due to accident: subject to limited scale) | S$100,000 |
| Skip Loan Benefit (Hospitalisation at least 7 days as a result of an Accidental Injury) | Up to 3 DBS Business Loan monthly instalments comprising principal and interest capped at S$3,000 per month |
| Annual Premium per Insured Person | S$250 |
Premium is exclusive of GST.
Loan Repayment Insurance is underwirtten by Chubb Insurance Singapore Limited ("Chubb") and distributed by DBS Bank Ltd ("DBS").
You may wish to seek advice from an A&H insurance intermediary before deciding to purchase the policy. Should you choose not to seek advice from an A&H insurance intermediary, please consider whether the product is suitable for you. It is not advisable to switch from an existing accident and/or health insurance policy to a new one without considering whether the switch is detrimental, as there may be potential disadvantages with switching.
- Start by applying for Business Loan
- When prompted to key in a promo code, enter "SMEINS" to indicate your interest for Loan Repayment Insurance.
Terms and Conditions apply.
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