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Home Contents Insurance
Protect your Home Contents at All Seasons
To protect your home and family, our Home Contents Insurance* is specially tailored to offer comprehensive coverage including home contents, valuable possessions, personal liability, worldwide all-risks etc., that give you peace of mind.
- Home Contents All-risk Cover insures against loss of or damage to your home contents caused by fire, flooding, typhoon, burglary or other accidental losses for up to HK$1,000,000 per year.
- Worldwide Personal Legal Liability Cover pays for the compensation and legal costs incurred from any accident resulting in any third party’s bodily injury or property damage caused by your or your family members’ negligence for up to HK$5,000,000 per insured event.
- 24-hour Home Assistance Service for referral of swift and professional household maintenance and repair services.
- Worldwide All Risks Insurance provides cover on your valuables, money and credit cards etc. you and your family members carry anywhere in the world for up to HK$15,000 per insured event.
| * | Home Contents Insurance is underwritten by MSIG Insurance (Hong Kong) Limited ("MSIG") which is a general insurer authorised and regulated by the Commissioner of Insurance of the Hong Kong Special Administrative Region. Standard Chartered Bank (Hong Kong) Limited ("SCBHK") is an insurance agent appointed by MSIG. To the extent permissible by law, SCBHK shall not be liable to any person for the use of any of the above information. |
Benefit Table
| Coverage | Maximum Benefit (HK$) | |
| Home Contents | ||
1. Home Contents
|
1,000,000 per year |
|
|
||
|
200,000 per item | |
|
20,000 per item 300,000 in total per event |
|
|
1,000 per loss 5,000 per year |
|
|
600,000 per event |
|
2. Household Removal
|
500,000 per event | |
3. Temporary Removal
|
100,000 per event | |
4. Temporary Storage of Furniture
|
100,000 per event | |
5. Alternative Accommodation
|
2,000 per day 50,000 in total per event |
|
6. Window / Door Replacement
|
5,000 per event | |
7. Domestic Servant’s Property
|
10,000 per event | |
8. Interior Decoration / Refurbishment
|
10,000 per item 100,000 in total per event |
|
9. Personal Accident Cover
|
200,000 per event | |
| Personal Liability | ||
|
5,000,000 per event | |
| 24-Hour Home Emergency Assistance | ||
|
Referral Service Only | |
| Worldwide All Risks | ||
|
5,000 per item 15,000 in total per event |
|
|
3,000 per event | |
|
3,000 per event | |
|
5,000 per event | |
| Remarks: | |
| 1. | The excess is HK$1,000 for each claim arising from household removal; HK$500 for each claim arising from water damage; HK$10,000 or 10% of the loss (whichever is greater) for each claim arising from landslip or subsidence and HK$200 for each claim arising from worldwide all risks. The excess for all other claims is HK$200. |
| 2. | The premises to be insured must be Proposers’ and their family’s principal place of residence located in the Hong Kong Special Administrative Region. |
| 3. | The premises or buildings to be insured must be less than 30 years of age and not a village house or the likes. |
| 4. | The premises or buildings to be insured must be for residential use. No industrial or commercial buildings will be covered. |
| 5. | Proposers and their family must comply with all statutory obligations and take reasonable steps to prevent loss or damage; to maintain any premises to be insured in good condition and sound repair; and to fulfill the requirement of the deed of mutual covenant, any other relevant regulations or statutory instruments relating to the premises or buildings to be insured. |
| 6. | Walls, flooring, doors with frames, windows with frames and the ceiling and their improvements and betterments made by Proposers within the premises to be insured are covered under the Building Section of Fire Insurance and are not protected under this Plan. |
Premium Table
| Gross Floor Area (sq. ft.) | Monthly Premium (HK$) |
| Up to 500 | 110 |
| 501-700 | 140 |
| 701-1,000 | 170 |
| 1,001-1,500 | 210 |
| 1,501-2,000 | 260 |
| 2,001-2,500 | 300 |
| 2,501-3,000 | 370 |
| The above premium is updated as of 1 January 2011. |
| Notes: |
| If the gross floor area of your premises to be insured is above 3,000 sq. ft., please call MSIG Insurance Hotline 3122 6722 (Mon – Fri 9:00am to 5:30pm) for premium rate and enrolment. |
Major Exclusions
| • | scratching, denting, rust, corrosion, wear and tear or depreciation |
| • | rot, fungus, woodworm, beetle, moth, insects or vermin |
| • | mechanical or electrical fault or breakdown |
| • | any process of cleaning, dyeing, renovation, re-styling, repairing or restoring |
| • | any other gradually operating cause |
| • | consequential loss or damage of any kind of description |
| • | infidelity or dishonesty on the part of you, your family or any of your employees |
| • | landslip or subsidence |
| • | shrinkage, evaporation, loss of weight, contamination, change in flavour, colour, texture of finish, action of light |
| Important Notes: |
| The above information is intended as a general summary. It is for reference only and is not an offer for subscription of any insurance product. The policy may contain terms and conditions which are not detailed in the above. If there is any discrepancy between the information contained in the above and the terms of the policy, the terms of the policy shall prevail. For exact terms and conditions and details of the exclusions, please refer to the relevant policy or contact MSIG Insurance (Hong Kong) Limited ("MSIG"). |
| Home Contents Insurance, offered by MSIG, is only available for subscription by residents of the Hong Kong Special Administrative Region, subject to the relevant terms and conditions. |
