Private Car Insurance Plan ("the Plan") is underwritten by Chubb Insurance Hong Kong Limited ("Chubb"), provides Third-party Legal Liabilities or Comprehensive Protection for your private car.
Comprehensive Protection covers the first year brand-new vehicle suffers total loss in an accident or is stolen within one year of initial registration, compensation will be based on the value of a new vehicle of the same make and model, without deducting for depreciation. Also, unlimited windscreen and car window coverage, which would not affect the "No Claim Discount".
"Basic Protection" provides :
"Comprehensive Protection" provides:
When the policyholder has no claim record during the insured period, he/she may enjoy the benefit of "No Claim Discount" ( NCD ) upon policy renewal.
The NCD can be accumulated up to 60% of the premium as follows:
|Expiration of Insured Period (on yearly basis)
(10% increase each year up to 60%)
If there is a claim record during the insured period, NCD shall be decreased upon policy renewal.
||After claim (NCD upon policy renewal)
|40% or below
The NCD benefit is designed for the policyholder and not transferable. However, it may be swapped among the cars registered under the policyholder's name.
Apply "Comprehensive Protection", two named drivers can be registered for each vehicle with no extra premium charged. Policyholder may add one to two more named drivers, however, a 10% increase of premium will be charged on each additional named driver.
Find details on how to submit your claim and more.
You can find all the forms and documents here for our insurance policies.