AIG Property Insurance Benefits
AIG’s property insurance protects your household contents against accidental loss or damage, and provides coverage for property damage to your building’s structure.
Our property insurance - Premium Home Plus Enhanced Version coverage includes accidental destruction or loss of your family’s personal belongings (including jewelry, watches, fur, portable video equipment, photographic equipment, works of art, antiques, etc)* from your home or anywhere in the world.
When you buy AIG property insurance - Premium Home Plus Enhanced Version, you are protected against all types of property damage to residential buildings against fire, natural disasters, explosions, impact of aircraft, bursting or overflowing of domestic water tanks or pipes, riot or strike, malicious damage, impact by third party vehicles, landslides and subsidence.*
Flexible Plans from HK$520
- Comprehensive coverage for your household belongings,
- All Risks protection covers your home contents
- Protection for your belongings
- Legal Liability
- Coverage of home belongings,personal effects and valuables against loss caused by seepage of rainwater
- Up to HK$5,000,000 worldwide protection for you and your family against third-party liability claims for bodily injury or property damage
- Free extra benefits, including accidental damage to mobile phones; loss of or damage to notebooks or tablet computers, personal documents and wine; unauthorized use of credit card/cash card; replacement of locks and keys; personal accident and more
- Low payment terms
*The above information is for reference only. Please refer to the policy documents for detailed terms and conditions and exclusions. For full benefit table and premium, please refer to our Product Brochure or click Buy Now.
#Please contact customer service team for quotation if your building age is over 45 years old.
|Coverage||Light Plan||Standard Plan|
|Maximum Limit Per Year (HK$)|
|Household Contents "All Risks"||$500,000||$1,000,000|
|(a) Household Content||$50,000 / item||$100,000 / item|
|(b) Personal Effects & Valuables (Inside Your Home)||$100,000 ($5,000 / item)||$100,000 ($10,000 / item)|
|(b) Personal Effects & Valuables (Outside Your Home)||$10,000 ($2,500 / item)||$20,000 ($5,000 / item)|
|(c) Building Betterment||$100,000||$150,000|
|Unauthorized Use of Credit Card / Cash Card||$3,000||$3,000|
|Loss of Personal Document||$1,500||$2,000|
|Loss of Cash or Travellers’ Cheque||$1,000||$2,000|
|Accidental Damage to Mobile Phone||$1,500 (up to 2 phones)||$2,000 (up to 2 phones)|
|Loss or Accidental Damage to Notebook / Tablet Computer (INSIDE your home)||$5,000||$10,000|
|Loss or Accidental Damage to Notebook / Tablet Computer (OUTSIDE your home)||$5,000||$5,000|
|Loss or Accidental Damage to Wine||$1,000||$1,000|
|Removal of Household Contents by Professional Remover||$30,000 ($3,000 / item)||$50,000 ($3,000 / item)|
|Temporary Storage||$30,000 ($3,000 / item)||$50,000 ($3,000 / item)|
|Alternative Accommodation||$20,000 ($1,000 / day)||$30,000 ($1,000 / day)|
|Removal of Debris||$5,000||$50,000|
|Replacement of Locks and Keys||$2,000||$2,000|
|Accidental Breakage of Window Glass||$3,000||$5,000|
|Rainwater Seepage||(Please refer to the limits in Section Household Contents “All Risks”)|
1. Provide information
Enter information about the property.
2. Select the preferred plan
Choose between The Standard Plan and The Light Plan, plus any additional supplementary coverage.
3. Fill out personal details
Enter personal and contact information.
Payment and Confirmation
Pay online, and the system will successfully issue the policy.
Your lender probably required you to purchase your fire insurance policy as a condition of your mortgage loan. The aim of this was primarily to protect your lender’s interest in the property as the mortgage provider, which focuses on the physical structure of the property. Hence, the coverage is for fire damage (being a common risk to the structure).
But what about damage caused by risks other than fire (such as typhoon and landslide)? What about your home contents: the everyday appliances, furnishings and valuables that your family possesses, and which help you live your lives? And what about your potential legal liability to third parties, which can be catastrophic to your asset base? Premium Home Plus – Enhanced Version helps you address these risks. Your home and contents probably make up your most valuable asset. To give you peace of mind and financial security, make sure you are secured with house insurance and have the right protection for them.
Yes, fire insurance can be offered on a standalone basis under Premium Home Plus – Enhanced Version. Please select 'II. Building Structure Coverage Only' in Coverage Type when you purchase online, or fill in Section 2 Building of the Proposal Form.
Yes, our household insurance covers physical loss or damage to your household contents, personal belongings and valuables caused by rainwater seepage due to tropical cyclone warning signal no. 3 or above or rainstorm warning signal “Amber” or above.
Yes, if you want to obtain insurance coverage on valuables exceeding the policy article limit, please list down the items individually on the proposal form.
If the space in the proposal form is inadequate, please list additional articles on a separate page. We will provide a quotation upon receiving your list of valuable items.
You do not need to cancel the existing policy. You only need to send a request to AIG Insurance Hong Kong Limited at email@example.com to change the address and provide the new flat details.
The premium may subject to change, depending on the gross floor area, building age and type of your home.
Yes, we offer worldwide cover (including USA/Canada) against personal legal liability in respect of accidental bodily injury and property damage to a third party due to you or your family members’ negligence. However, this is subject to liability being established under Hong Kong laws and jurisdiction.
You may buy Section 1 to cover your household contents. Since you are not the legal owner of the insured property, you are not qualified to apply fire policy under Section 2 of Premium Home Plus – Enhanced Version.
Excess will be applied for different sections. For Section 1 covering household contents, the excess is:
- HK$250 for each and every claim (exclude rainwater seepage)
- For rainwater seepage: the first” HK$3,000 or 10% of adjusted loss for each and every claim, whichever is greater.
For Section 2 covering Building, the excess is:
- 10% of adjusted loss subject to a minimum of HK$250 for each and every non-water damage claim
- 10% of adjusted loss subject to a minimum of HK$1,000 for each and every water damage claim