Platinum Home Plus Insurance Plan

Asia Superior Home Insurance is designed to provide all-round protection for you, your family and your belongings at home.

OCBC Bank (Hong Kong) Limited ("OCBC Bank") and Asia Insurance Co., Ltd. ("Asia Insurance") are pleased to introduce Asia Superior Home Insurance ("the Plan") to our valuable customers.

Plan Highlights


  • Your home contents sum insured up to HK$1,800,000
  • Premium as low as HK$550
  • Legal liability coverage limit as high as HK$10,000,000
  • New for old replacement of home contents
  • Free extensions for wider protections, covering different needs
  • Free 24-hour emergency hotline providing referral services for house repair, medical, caregiving and cleaning support
  • Worldwide protection for personal belongings and domestic helper insurance add-on options

Benefits



Home Contents
Standard Insurance Cover Maximum Limits (HK$)
Home Contents Smart Plan Excellence Plan
Provides “All Risks” cover for any accidental loss or damage to your Home Contents, including fire, typhoon, burst of water pipe and burglary. Claims are paid on current market value basis without deduction for depreciation. $1,200,000/ year $1,800,000/ year
a. Sub-limit for Valuables $300,000/year $300,000/year
b. Limit per item:
  • Home Contents (other than household appliances & domestic furniture, fixtures & fittings)
 $15,000 $20,000
  • Valuables
 $15,000 $20,000
Free Extensions
(A) Building Betterment
Loss of or damage to interior building improvement &/or betterment of your Home $200,000/year $300,000/year
  • Limit for damage to windows
 $10,000/year $15,000/year
(B) Alternative Accommodation
Reimbursement of reasonable temporary accommodation expenses when your Home is rendered uninhabitable resulting from an insured accident $50,000/occurrence
$1,500/day		 $50,000/occurrence
$2,000/day
(C) Personal Effects in Workplace
Loss of or damage to your personal effects in your usual workplace $5,000/
occurrence		 $5,000/
occurrence
(D) Money, Credit Cards and Personal Documents
(1) & (2) Loss of money &/or loss due to unauthorised use of credit cards occurring within Hong Kong $3,000/
occurrence		 $3,000/
occurrence
(3) Replacement cost for loss of personal documents in Hong Kong $2,000/
occurrence		 $2,000/
occurrence
(E) Contents temporarily Removed from Home
Loss of or damage to your Home Contents temporarily removed from your Home for storage purposes $50,000/
occurrence		 $50,000/
occurrence
(F) Interior Alteration Works
Accidental damage to your Home Contents during interior alteration/ repairs period not exceeding 2 months $100,000/
occurrence		 $200,000/
occurrence
  • Maximum Contract Value
 $100,000 $200,000
(G) Home Removal by Professional Mover
Accidental loss of or damage to your Home Contents whilst being moved by professional movers between your current Home & your new Home within Hong Kong $30,000/year
$3,000/item		 $50,000/year
$5,000/item
(H) Refrigerated Food
Accidental damage to refrigerated food in the home refrigerator $3,000/
occurrence		 $5,000/
occurrence
(I) Loss or Damage to Wine
Accidental loss of or damage to un-opened bottle of wine in your Home $5,000/
occurrence		 $10,000/
occurrence
  • Limit per bottle
 $500 $1,000
(J) Domestic Helper’s Property
Loss of or damage to your domestic helper’s personal properties situated in your Home $3,000/
occurrence		 $3,000/
occurrence
(K) Removal of Debris
Reasonable cost of removal of debris when your Home Contents are accidentally damaged $50,000/
occurrence		 $75,000/
occurrence
(L) External Doors Windows and Locks
Repair or replacement of damaged external doors, windows, door locks, & keys as a result of burglary or attempted burglary $3,000/
occurrence		 $5,000/
occurrence
(M) Damage to Landlord’s Property
Accidental loss of or damage to landlord’s fixtures & fittings in your Home $100,000/ year $150,000/ year
  • Limit per item
 $15,000 $20,000
(N) Landslip & Subsidence
Cover for loss of or damage to your Home Contents caused by subsidence of the site or landslip Subject to the respective Maximum Limit under Section 1 hereof


Public Liability
Standard Insurance Cover Maximum Limits (HK$)
Public Liability Smart Plan Excellence Plan
Protects you against legal liability towards third parties for their bodily injury or property damage arising out of negligence of:
  • you & your family members as an occupier of the Home
  • you & your family members as an individual in Hong Kong or worldwide when travelling aboard for any one journey not exceeding 30 consecutive days (For travelling in the U.S.A. and / or Canada, you are covered up to HK$1,500,000 any one year)
  • you as an owner of the Home building
  • you & your family members as a domestic pet owner
  • your domestic helper(s) for your household work in the course of employment with you
 $5,000,000/ occurrence $10,000,000/ occurrence
Free Extensions
(A) Interior Alteration Liability
Liability arising out of interior alteration/ repairs for contract period less than 2 months $1,000,000/year $1,000,000/year
  • Maximum Contract Value
 $100,000 $200,000
(B) Owner’s Legal Liability in Common Parts
Owner’s Liability in respect of Common Parts of the Building of which the Home forms part $5,000,000/year $10,000,000/year



Family Personal Accident
Standard Insurance Cover Maximum Limits (HK$)
Family Personal Accident Smart Plan Excellence Plan
Protects you & your family members for accidental death as a result of fire explosion or robbery at Home $200,000/year
$50,000/ person		 $300,000/year
$100,000/ person
Free Extension
Reimbursement of medical expenses if you or your family members suffers accidental injury as a result of fire explosion or robbery at Home $20,000/year
$5,000/ person		 $20,000/year
$5,000/ person


Home Assistance Services
Standard Insurance Cover Maximum Limits (HK$)
Home Assistance Services Smart Plan Excellence Plan
24-Hour Hotline Assistance Services for referrals to locksmiths, plumbers, electricians, doctors, dentists, nurses, baby-sitters, pest- control, house-cleaners, etc. Referral services
(These are referral services only and you are responsible for the actual costs incurred)


Worldwide Personal Effects
Optional Insurance Cover
(Operative upon Payment of Additional Premium)		 Maximum Limits (HK$)
Worldwide Personal Effects Smart Plan Excellence Plan
Provides worldwide protection for your valuables & personal effects against “All Risks” of accidental loss or damage $30,000/year
$5,000/item


Domestic Helper Insurance
Optional Insurance Cover
(Operative upon Payment of Additional Premium)		 Maximum Limits (HK$)
Domestic Helper Insurance * Smart Plan Excellence Plan
Protects you against legal liability as an employer under the Employees’ Compensation Ordinance and at Common Law if your domestic helper suffers an injury or disease arising out of & in the course of employment with you
  1. Applicable to overseas or local domestic helper aged from 18 to 65 years old
  2. Domestic helper with driving duty and post-natal care helper are not covered
 $100,000,000/event
Free Extension
Additionally pays for in-hospital medical expenses incurred by your domestic helper $5,000/year


EXCESS (each and every claim)
Section 1 - Home Contents
• Water Damage claim HK$500 or 5% of loss whichever is the greater for Building aged 30 or below
HK$3,000 or 10% of loss whichever is the greater for Building aged between 31 and 40 years old
• Home Removal claim HK$1,000
• Landslip & Subsidence claim HK$10,000 or 10% of loss whichever is the greater
• Other claims HK$200
Section 2 - Public Liability
Liability arising out of Interior Alteration (Free Extension)
• Water Damage claim HK$3,000 or 10% of loss whichever is the greater
• Other claims HK$3,000
Section 5 - Worldwide Personal Effects
• HK$200

Major Exclusions

The following is a highlight of some key exclusions to Asia Superior Home Insurance. Please refer to policy provisions for complete details.

  • Loss or damage due to war, terrorism (except Employees’ Compensation Insurance), nuclear or cyber risks
  • Uninsurable risks such as wear and tear, scratching, rust, corrosion
  • Theft or water damage if your Home is unoccupied for more than 30 consecutive days
  • Loss of or damage to property for business or profession purposes
  • Intentional vandalism or damage by a person lawfully in your Home
  • Loss or damage to portable phone, contact lenses and pagers
  • Electrical derangement or mechanical breakdown of equipment
  • Loss of property by disappearance not identified with any specific occurrence

Insurance Authority Premium Levy

Premium Levy collected by the Insurance Authority has been imposed on relevant policy at the applicable rate and would be remitted in accordance with the prescribed arrangements.

For more coverage information, please refer to Product Brochure and Insurance Policy.

For claims details, please refer to Property Damage Claim Form and Third Party Lability Report Form.

For making amendment request, please refer to Amendment Request Form.

OCBC Bank (Hong Kong) Limited


General Enquiry Hotline

2815 1123


Asia Insurance Co. Ltd


Policy Coverage Enquiry Hotline

3606 9960


Claims Enquiry Hotline

3606 9196