Sungei Kadut is on insurance blacklist
August 26th, 2008 by ALVIN SOONG
Sungei Kadut is on insurance blacklist as it is fire prone area with a lot of factories having a lot of perishable combustible materials stored there. There has been a history of large fire in the area, and certain companies only cover factories of that area at exhorbitant high prices
In NTUC INCOME for all startup or companies, besides public liability and workmen injury act, they are now required to cover with fire insurance or other property related insurance (eg home insurance etc)
