PROPERTY ALL RISK INSURANCE

What is Property All Risk Insurance?

Property All-risk insurance Hong Kong

Property All Risk Insurance covers the building, your equipment and all other physical assets that are under the business ownership against certain type of unpredicted events.

The size of your company does not matter with this type of insurance as the policy can be customised to protect your properties and their contents against these exposures and minimise the impact when they do.

Property insurance can include a number of policies, such as homeowners insurance, renters insurance, flood insurance, and earthquake insurance. Personal property is usually covered by a homeowners or renters policy.

What is covered?

This insurance has a large range of property coverage, depending on the type of insurance package one invests in. Such as:

  • Apartment buildings
  • Colleges and universities
  • Commercial offices / Retail blocks
  • Financial institutions
  • Hospitals and larger clinics
  • Light Industrial / Manufacturing companies with a risk management philosophy
  • Modern hotels and resorts
  • Radio and TV broadcasting facilities
  • Real estate owners / Portfolios
  • Schools / Churches
  • Shopping centres, malls, plazas, etc.
  • Sports facilities / Stadiums
  • Utilities (large/modern)

What should you know?

Property is one of the best insurances to invest into as it prevents unplanned risks and covers a large range of properties and has many benefits, such as:

  • The properties might be covered, from  natural disasters , theft, fires and floods.
  • Property damage insurance rates are based on the sums insured, the level of deductible, your business activity and the protection measures in place.
  • Coverage – ‘Fire & Named Perils’ or ‘All Risks’ cover for physical assets, destruction or damage not otherwise excluded.
  • Option for the client’s physical assets to be reviewed by Fire Safety Risk Management Programme conducted by experienced risk engineers.

Good to know!

Property All Risks in Hong Kong is the first section of Office/Shop package and considered as the minimum basis of the package. Premium will be calculated with the value of your contents and the one of your stocks.

DONT WAIT! ASK OUR INSURANCE SPECIALISTS.

LATEST PUBLICATIONS

  • advertisers liability insurance Hong Kong - ad injury - Advertisements

All You Need To Know About Advertisers Liability Insurance

Tags: , , , |

Every company uses some form of advertising to communicate and reach their customers about their product or service. Advertising aims to influence, inform and persuade customers or clients. Advertising can include video adverts, billboards, Google adverts and a range of social media advertisements. When advertising is right, it has many benefits for companies, from an increase in customers (sales & demand) to brand image promotion. Advertising to the public brings many eyes from various companies and public members who may have a legal problem with your business advert. Companies must follow different advertising laws, but a company may accidently [...]