I have a WICA-approved policy that started before 1 September 2020. What will happen to it on 1 September 2021?
The policy will no longer be compliant with WICA from 1 September 2021.
As an employer, you must ensure that you get a WICA-approved policy before 1 September 2021 in order to comply with the mandatory insurance requirement.
This information is sourced from MOM
Related questions
How do I know if a WIC insurance policy is WICA-approved?
Can my policy which started between 1 September 2020 and 31 December 2020 expire on or after 1 January 2022?
Can an insurer voluntarily align with the compulsory terms for a WIC insurance policy that started before 1 January 2021?
Must my WIC insurance policy be issued by a designated insurer?
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