Supreme Home Insurance

Comprehensive Coverage for Your Superior Home

Being the occupier of a luxury home is a cheerful achievement. Your home may be decorated by fine luxury features and spectacular craftsmanship, and your personal property include a wide variety of valuables from jewellery, fine art, expensive cameras to a collection of vintage wine. To protect your valuable property, we strive to provide our customers with the comprehensive protection they need.

Different plans and coverage for your choice
Public liability coverage up to HK$10,000,000
Breakage of Fragile items and Mobile Phone are covered
Free Benefits of Worldwide Outside Insured Home (Valuables & Personal Effects) All Risks
Provides 24-hours home assistance hotline

Coverage (All benefits and premium are in HK Dollars)

Section 1 - Household Contents (Basic Cover)

Household Contents

Maximum Limit Per Year

Plan 1

Plan 2

Cover Household Contents against any unforeseen, sudden, accidental physical loss or damage such as by fire, explosion, typhoon, bursting of pipes, flood, landslip and subsidence or theft happening in your home

$1,500,000

Aggregate limit

$2,500,000

Aggregate limit

Sub-limits:

(A)

Household Contents other than Valuable Property & Personal Effects

per article/pair/set

$100,000

$200,000

(B)

Valuable Property & Personal Effects

$400,000

$700,000

Sub-limits:

(i) Photographic equipment, fur, silverware & musical instrument (except pianos)

per article/pair/set

$100,000

$25,000

$200,000

$50,000

(ii) Works of art, chinaware or curios

per article/set/collection

$100,000

$25,000

$200,000

$50,000

(iii) Other Valuable Property & Personal Effects e.g. jewellery, gold, precious stones, watches, etc. (except (i) & (ii) above)

per article/set/collection

$200,000

$25,000

$300,000

$50,000

(C)

Money

per accident

$5,000

$2,500

$6,000

$3,000

Other Benefits Provided		Maximum Limit of Indemnity
Other Benefits Provided		Plan 1	Plan 2
1.	Alternative Accommodation – should your home become uninhabitable due to an insured accident per day	$50,000 $2,000	$100,000 $2,500
2.	Fatal Accident Benefit –should you or your spouse pass away within 3 months from injury caused by fire or theives in your home	$50,000/ person	$100,000/ person
3.	Burglary/Robbery Harm Allowance – if you or your spouse sustains injury caused by burglars or robbers in your home	$5,000/ person	$10,000/ person
4.	Loss of or damage to Locks &/or Keys due to burglary or attempted theft - reimburses you the cost of replacement	$5,000	$10,000
5.	Frozen Food & Drinks – if food and drinks in refrigerator or deep freeze unit spoiled due to accidental breakdown of refrigerator or deep freeze unit	$5,000	$10,000
6.	Loss of personal effects in your or your spouse’s office	$5,000	$7,500
7.	Loss of Money/ Personal Effects belonging to you and your spouse while on business trips	$3,000	$5,000
8.	Temporary Removal of Household Contents – for cleaning, renovation, repair, modification or dyeing	$50,000	$100,000
9.	Removal of Debris – reimburses you the cost of removal of debris when your home is accidentally damaged due to an insured accident	$30,000	$50,000
10.	Domestic Servant’s Property	$5,000	$5,000
11.	Household Removal – for loss of or damage to Household Contents excluding Valuable Property, Money and Fragile Items whilst moving between your insured home and your new home by professional remover	$100,000	$150,000
12	Emigration Extended Cover – covers your Personal Effects whilst kept in the hotel or at an alternative accommodation for a maximum period of one month pending emigration overseas per article/pair/set	$50,000 $2,500	$100,000 $5,000
13.	Replacement Cost of Title Deeds of the Insured Home	$20,000	$30,000
14.	Business Property in Insured Home	$5,000	$7,500
15.	Valuable Property Kept in Bank Vault per article/pair/set	$50,000 $10,000	$100,000 $20,000
16.	Accidental Breakage of Fragile Items Sub-limits: (i) Wine or Vintage Wine per bottle	$30,000 $5,000 $1,500	$40,000 $10,000 $2,000
16.	(ii) Others Fragile Items per article/pair/set	$30,000 $15,000	$40,000 $20,000
17.	Accidental Physical Damage, Burglary and Robbery of Mobile Phone Extension but excluding Water/Liquid Damage per accident	$5,000 $2,500	$6,000 $3,000
The total compensation under this section including other benefits should not exceed the maximum Limit of Indemnity during the Period of insurance.

Section 2 – Worldwide Outside Insured Home (Valuables & Personal Effects) All Risks (Free Cover)
Cover Valuables and Personal Effects against any accidental loss or damage or theft happening anywhere in the world outside the Insured Home Per article/pair/set	$75,000 $10,000	$100,000 $20,000

Section 2 – Worldwide Outside Insured Home (Valuables & Personal Effects) All Risks (Free Cover)

Valuables and Personal Effects

Maximum Limit Per Year

Plan 1

Plan 2

Cover Valuables and Personal Effects against any accidental loss or damage or theft happening anywhere in the world outside the Insured Home

Per article/pair/set

$75,000

$10,000

$100,000

$20,000

Other Benefits Provided		Maximum Limit Per Year
Other Benefits Provided		Plan 1	Plan 2
1.	(i) Loss of money per accident	$3,000	$5,000
1.	(ii) Loss due to unauthorized use of credit cards per accident	$10,000	$15,000
2.	Replacement cost of lost credit cards, personal documents such as ID card and passport	$3,000	$5,000
3.	Damage to Sports Equipment - except while in use	$3,000	$5,000
4.	Accidental physical damage, Burglary and Robbery of Mobile Phone Extension but excluding Water/Liquid Damage per accident	$5,000 $2,500	$6,000 $3,000
5.	Accidental physical loss of or damage, to Newly Purchased Household Property in Transit to the Insured Home per accident	$5,000 $2,500	$5,000 $2,500

Section 3 – Personal & Occupier’s Liabilty (Free Cover)
Any claim against you or your family member in the event of your and/or your family member’s/members’ negligence causing third party bodily injury or property damage subject to Hong Kong jurisdiction : a) as a private householder occupying your home b) as an owner of your home if it is occupied by you and your family only c) as an owner of your building if Section 5 (Building) is effected d) in a personal capacity (other than as an occupier or owner) in HKSAR, Macau or anywhere in the world (excluding USA and Canada) during temporary visit not exceeding 60 days	$10,000,000

Section 3 – Personal & Occupier’s Liabilty (Free Cover)

Coverage

Maximum Limit of Indemnity

Any claim against you or your family member in the event of your and/or your family member’s/members’ negligence causing third party bodily injury or property damage subject to Hong Kong jurisdiction :

a) as a private householder occupying your home
b) as an owner of your home if it is occupied by you and your family only
c) as an owner of your building if Section 5 (Building) is effected
d) in a personal capacity (other than as an occupier or owner) in HKSAR, Macau or anywhere in the world (excluding USA and Canada) during temporary visit not exceeding 60 days

$10,000,000

and extends cover :

- Liability in relation to the alternations, additions or repairs by an independent contractor for any one contract subject to the total aggregate of the contact value during the Period of Insurance not exceeding HK$200,000

- Tenant’s Liability

- Owner’s Liability in common areas subject to a sub-limit of $1,000,000

Section 4 – Home Assistance Hotline Service (Free Cover)
Provides the following 24-hours home assistance hotline service – 8 types of referral service
Registered Electrician Licensed Plumber Locksmith Air-conditioner Repairing Technician	Home Cleaning Service Provider Home Nursing Care Registered Nurse Pest Control Service Provider Household Appliances Repairer Information

Section 5 – Building (Optional Cover)
Building	Maximum Limit of Indemnity
Cover the building structure of the Insured home including walls, flooring, doors and windows against any unforeseen, sudden, accidental physical loss or damage such fire, explosion, typhoon, bursting of water pipes, flood, landslip and subsidence or theft	*Sum Insured
* To avoid under-insurance and for adequate protection that fully meets your needs, please ensure the sum insured reflects the rebuilding cost of your building.

Other Benefits Provided	Maximum Limit of Indemnity
1.	Alternative Accommodation – should your home become uninhabitable due to an insured accident per day	$50,000 $2,000	$100,000 $2,500
2.	Removal of Debris – reimburses you the cost of removal of debris when your home is accidentally damaged due to an insured accident	$30,000	$50,000

Other Benefits Provided

Maximum Limit of Indemnity

Plan 1

Plan 2

Alternative Accommodation – should your home become uninhabitable due to an insured accident

per day

$50,000

$2,000

$100,000

$2,500

Removal of Debris – reimburses you the cost of removal of debris when your home is accidentally damaged due to an insured accident

$30,000

$50,000

Premium Table (All in HKD)

Basic Cover	Gross Floor Area (sq.ft.)	Annual Premium
Basic Cover	Gross Floor Area (sq.ft.)	Plan 1	Plan 2
Section 1-4	Less than 1,000 1,001 – 1,500 1,501 – 2,000 2,001 - 3,000	$2,850 $3,400 $4,200 $4,800	$3,850 $4,500 $5,600 $6,400
Section 1-4	Over 3,000	Refer to us
Note : Please refer to us or your insurance agent for quotation if (1) you can only provide the Net Floor Area (Saleable Area), or (2) a higher limit is required

Optional Cover	“Building” – Sum Insured	Additional Premium Annual Rate
Section 5	Less than $5,000,000 $5,000,000 – $10,000,000 $10,000,001 – $15,000,000 $15,000,001 – $20,000,000 Over $20,000,000	0.08% 0.075% 0.07% 0.065% Refer to us

Optional Cover

“Building” – Sum Insured

Additional Premium Annual Rate

Section 5

Less than $5,000,000

$5,000,000 – $10,000,000

$10,000,001 – $15,000,000

$15,000,001 – $20,000,000

Over $20,000,000

0.08%

0.075%

0.07%

0.065%

Refer to us

Remarks: The above premium table is only applicable to residential flat in multi-storey building. For village house or individual house, please refer to us for underwriting.

Minimum Premium for each policy: HK$800

Automatic Renewal of Policy

In order to offer you a continuous coverage in a simple way, this insurance policy will be automatically renewed at the end of each policy year if:

No notice of amendment to the renewal terms and conditions is sent to you prior to the expiry date of your existing policy, and
You have authorized us to directly debit to your CMB Wing Lung Bank Account or CMB Wing Lung Credit Card or other credit card for the premium of next renewal policy period.

Wear and tear, mildew, corrosion, denting, scratching, mechanical or electrical breakdown
Loss of or damage to contact lenses
Loss of or damage to portable mobile phones except as covered under the Other Benefits Provided
Contents on roof or in open area
Loss of or damage to sports equipment whilst in use
Theft from any unattended vehicle
Mysterious disappearance or unexplained loss
Loss if insured premises is unoccupied for more than 30 consecutive days
Loss or damage due to war, civil commotion and terrorism
Loss or damage due to nuclear, radiations, pollution and contamination
Certain excess applies to some of the sections

Please refer to the policy for detailed exclusions

Excess (in respect of each and every claim)

- Water Damage under Section 1 & 5

Building Age	- below 35 years
	- 35 years or above

$1,000

10% of adjusted loss subject to a minimum of $1,000

- Landslip and Subsidence under Section
1,2 & 5

10% of adjusted loss subject to a minimum of $10,000

- Other loss or damage under

Section 1 except Other Benefits Item No. 2,3, 13 & 17
Section 2 except Other Benefits Item No. 4
Section 5

$1,000

Important Notes to Proposer
1. This leaflet is simply a general summary for your reference and information only. For details, please refer to the insurance policy.
2. In case of discrepancies between the English and Chinese version, the English version shall prevail.

Remarks: The information above provides a brief introduction only. Please refer to the insurance policy for Terms and Conditions and other specific details. In the event of any discrepancy or inconsistency between the English version and the Chinese version of this Terms and Conditions, the English version shall prevail.