Landlord Protector

Landlord Protector

Comprehensive coverage for landlords against loss of rent and property damage, and includes complimentary liability protection

Key Features

  • Loss of Rent Cover of up to HK$80,000 or 3-month rental income
  • Property Owner’s Liability Protection up to HK$8,000,000
  • Rental Property Protection including fixtures and fittings, furniture and household appliances up to HK$400,000

Plan Highlights

  • Household improvements cover for improvements and betterments on walls, windows, ceiling, floors and doors up to HK$50,000
  • Alterations and repairs – cover accidental loss of or damage to contents while the insured premises are under alteration or repair (contract period not exceeding two months and within maximum contract value of 100,000)
  • Optional Building cover

Plan details

Benefits

Benefits at a Glance Maximum Benefits Payable Per Year (HK$)

Gross Floor Area (sq ft)

800 or below 801-1,000 1,001-1,200
Basic Cover $200,000

in the aggregate, inclusive of all sub-limits under Extra Benefits
$300,000

in the aggregate, inclusive of all sub-limits under Extra Benefits
$400,000

in the aggregate, inclusive of all sub-limits under Extra Benefits

Content

Accidental loss of or damage to your contents including furniture, fixtures and fittings and household appliances

$200,000
$15,000 per item, set or collection
$300,000
$15,000 per item, set or collection
$400,000
$15,000 per item, set or collection

Household Improvements

Improvements and betterments on walls, windows, ceilings, floors and doors

$50,000 $50,000 $50,000

Extra Benefits

Damaged Locks

Replacement and installation costs if windows, gate or external door locks and keys are damaged due to burglary or attempted theft

$5,000 $5,000 $5,000

Removal of Debris

After the damage or destruction to your home

$10,000 $10,000 $10,000

Temporary Removal of Contents

Loss of or damage to contents whilst temporarily removed for cleaning, renovation or repair within Hong Kong

$50,000 $50,000 $50,000

Landslip and Subsidence Extension

Loss of or damage to contents directly caused by landslip or subsidence

Covered Covered Covered

Alterations and Repairs

Accidental loss of or damage to contents while the insured premises are under alteration or repair

Covered
(contract period not exceeding two months and within maximum contract value of $100,000)
Covered
(contract period not exceeding two months and within maximum contract value of $100,000)
Covered
(contract period not exceeding two months and within maximum contract value of $100,000)

Loss of Rent (Basic Cover)

Loss of Rent

Covers the actual loss of rent incurred after deducting the security deposit paid to you as stated in the Tenancy Agreement

$80,000 or total rent of maximum three months, whichever is the lower $80,000 or total rent of maximum three months, whichever is the lower $80,000 or total rent of maximum three months, whichever is the lower

Covers the Loss of Rent in respect of the following situations:

If your premises are uninhabitable due to accidental loss of or damage to contents as insured

Covered Covered

Covered

If access to your premises is prevented by damage to other premises in the vicinity Covered Covered Covered
If your tenant dies as a result of murder or suicide and no one is paying the rent Covered Covered Covered
If your tenant fails to pay the rent and you have
i) taken legal action; and
ii) obtained court judgment; and
iii) could not receive the payment within one month after the court ruling
$20,000 $20,000 $20,000

Property Owner’s Liability (Free)

Any claim against you as the owner of the insured premises in the event of accident causing third party's bodily injury or property damage

$5,000,000 per occurrence $6,000,000 per occurrence $8,000,000 per occurrence
Your legal liability as the owner of the insured premises whilst alteration or repair works are carried out at the insured premises Covered
(contract period not exceeding two months and within maximum contract value of $100,000)
Covered
(contract period not exceeding two months and within maximum contract value of $100,000)
Covered
(contract period not exceeding two months and within maximum contract value of $100,000)

Building¹ (Optional)

Accidental loss of or damage to the structural part of your premises Sum insured² Sum insured² Sum insured²
Landslip and subsidence extension – loss of or damage to the structural part of your premises directly caused by landslip or subsidence Covered Covered Covered
Important Notes:
  1. The sum insured for the Building Cover should represent the full cost of rebuilding the insured address (including the costs of fixtures and fittings, renovation, debris removal, professional fees and compliance costs).
  2. The premises or building to be insured must be less than 40 years of age.
  3. The premises or building to be insured must be for residential use. No industrial or commercial buildings will be covered.
  4. An enforceable Tenancy Agreement shall be effective on/before the Policy Commencement Date and agree to present the Tenancy Agreement upon request. 

In the event of any discrepancy between the English and Chinese versions of any of the above details, the English version shall prevail. For details of coverage, terms, conditions, and exclusions, please refer to the policy wording.

Premium

Gross Floor Area (sq ft)

Saleable Floor Area (sq ft)

Annual Premium (HK$)

Basic Cover

800 or below

640 or below

$798

801 – 1,000

641 - 800

$1,088

1,001 – 1,200

801 - 960

$1,388

Over 1,200

Over 960

Special quotation

 

Optional Cover Annual Premium

Building

Sum insured x 0.09%

Exclusions

For All Sections

  • Sub-divided home or sub-let premises
  • Insured premises that are situated in a building where sub-divided flats are known to exist
  • Insured premises that are used for business purposes or as a holiday home
  • Illegal structure exists in the insured premises

Excess

Household Contents Excess Amount (HK$)
General item $500
Landslip and subsidence $10,000 or 10% of adjusted loss, whichever is greater
Water damage $1,000 or 5% of adjusted loss, whichever is the greater
Personal Liability Excess Amount (HK$)
Water damage $3,000 or 10% of adjusted loss, whichever is greater