Domestic Worker Management can assist clients in purchasing of Domestic Worker's medical insurance and a $5K security bond. MOM Regulations require the employer to purchase medical insurance coverage of at least $15,000 per year throughout the MDW's tenure in Singapore. Employers are required to place a security deposit of $5,000. The bond is between you(the employer) and the Government of Singapore. The objective of the bond is to ensure that both you and your workers comply with the condition of the Work Permit.