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General Insurance

Fire Insurance

To provide the cover for any loss of or damage to the property insured such as building, furniture, fixture and fittings, stocks, trade utensils, etc. caused by fire, lighting and/or explosion.

Motor Vehicle Insurance

  • Third party risks insurance provides coverage to the car owner against any legal liability in respect of death of or bodily injury to any person and/or damage to any person’s property arising out of an accident caused by or in connection with the Insured motor vehicle.
  • Comprehensive insurance, including Third party risks insurance, also provides coverage to the car owner against loss of or damage to the Insured motor vehicle caused by accident, fire, theft and/or malicious behavior.

Public Liability Insurance

To protect the Insured against any legal liability in the event of Insured’s negligence or management mal-practice causing bodily injury or death or property damage of the public.

Contractors’ All Risks Insurance

To provide cover to the Insured against accidental loss of or damage to the properties arising out of fire, burglary or accidental damage at the site. The insurance also provides cover to the Insured against any legal liability in respect of bodily injury or death or property damage of any person.

Employees’ Compensation Insurance

To provide the cover against the employers’ legal liability under Employees’ Compensation Ordinance and Common Law in respect of bodily injuries or death of theirs employees arising out of or in the course of employment.

Marine Cargo Insurance

Provide the cover to the Insured against loss of or damage to the cargo during the course of transportation by sea/air/overland.

Marine Hull Insurance

  • Underwrites the hull and machinery insurance for lighter, tug and pleasure craft as well as compulsory third party risks insurance.
  • Comprehensive insurance for small craft provides coverage for crew liability, cargo liability as well as profession and indemnity risks.

Money Insurance

To indemnify the Insured against the loss of money owing to burglary or theft whilst the money is kept in the premises or cash-in-transit to/from the premises and the bank. The money included bank notes, postal orders, cheques, etc.

Burglary Insurance

To provide the cover to the Insured against loss of or damage to the property Insured such as stock, trade utensils, equipment, etc. caused by burglary.

Group Medical Insurance

  • This insurance is designed for companies, corporations or organizations to provide cover to their employees well as the employees’ family members for the medical fees and charges incurred by hospitalization and outpatient treatment owing to injury or sickness.
  • The minimum requirement for number of insured person is five. In normal case, no medical check up is required.
  • Once the application form is accepted, the insurance protection will be effective immediately.

Business Comprehensive Insurance Plan

Business Comprehensive Insurance Plan – Multi-dimensional Insurance Cover for Business

Choosing a desirable insurance package is crucial for your business planning. The plan suits both office and shops and protects your business against “All Risks” at competitive price.

Apart from providing a full range of basic coverage for contents and equipment, business interruption, loss of money, personal accident, public liability and fidelity guarantee, optional coverages including employees? compensation, buildings (fire) and stock protection are also available for your choice. With this flexible and comprehensive protection, you can free yourself for the unexpected hassles and totally concentrate on business development.

Scope of Coverage Premium Major Exclusions Notice of Claim Condition

General Terms
  • The above plans are underwritten by Bank of China Group Insurance Company Limited or China Taiping Insurance (HK) Company Limited (the ” Insurance company “). Nanyang Commerical Bank, Limited (“the Bank”) is an appointed insurance agent of the Insurance company.
    BOC Group Life Assurance Company Limited China Life Insurance (Overseas) Company Limited
  • The Insurance company is authorised and regulated by Insurance Authority to carry on general insurance business in the Hong Kong Special Administrative Region of the People’s Republic of China.
  • The Insurance company reserves the sole right to determine whether any application for the above plans are acceptable or not in accordance with the information submitted at the time of application by the Proposed Insured and/or Insured Person.
  • The Insurance company reserves the right to amend, suspend and terminate the above product, services and to amend the relevant terms at any time at its sole discretion without prior notice. In case of any dispute, the decision of the Insurance company shall be final.
  • The above information is for reference only. Details of the coverage of the above plans are subject to the terms and conditions stipulated in the policy by the Insurance company. Please refer to the policy document for the details of the insured items and coverage, provisions and exclusions.
  • The Bank is an appointed insurance agent of the Insurance company for distribution of the above plans. The above plans are the products of the Insurance company but not the Bank.
  • In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the above plans should be resolved between directly the Insurance company and the customer.

For detail information or enquiry, please visit Nanyang Commercial Bank’s branches or call our customer services hotline: 2622-2633.