Yes, your deposits in the Mari Business Account are insured (both principal and interest) up to S$100,000 in aggregate per depositor by Singapore Deposit Insurance Corporation (SDIC) in Singapore.
For more information, refer to SDIC website here.
You may also refer to MariBank Insured Deposit Register for a list of MariBank account(s) that are covered under the scheme.
Our 24/7 Customer Service Team is here for you if you have any questions!