PRODUCT & SERVICES

Cargo Insurance

Commercial 

Inaurance

Cross Border

Vehicle Duty

Liability Insurance

Contract Insurance

Home Insurance

Logistics Liability Insurance

Motor Insurance

Personal Accident Insurance

Truck Cargo Liability Insurance

 

CARGO INSURANCE

No matter what capacity you are in – manufacturer, wholesaler, retailer, trader, importer, exporter, etc., you may need Cargo Insurance to protect your goods whilst being conveyed from one place to another.

 

You may effect Cargo Insurance to cover a single shipment or to cover all shipments in the year-round.

 

Coverage can be tailor-made to suit your specific requirements – Institute Cargo Clauses, Institute Frozen Food Clauses, Institute War Clauses, Institute Strikes Clauses and other Institutes Clauses.  Shipment by land transportation is normally written under Overland Transportation Cargo Insurance Clauses.

 

Please contact your insurance intermediary or call us for full details.

 

COMMERCIAL INSURANCE

Our Commercial Insurance offers protection on:

 

Physical Damage Section – Covers your assets such as Building, Stock, Contents, Machinery and Equipment, Tools of Trade, etc. against the perils of Fire Only, Fire and selected Extra Perils or Special Risks (commonly referred to as “All Risks” by many).

 

Business Interruption Section – Covers Loss of Profits or Increase in Cost of Working following an insured Physical Damage loss.  This Section has to be effected together with the Physical Damage Section.

 

Public Liability Section – Covers your liability on bodily injury and/or property damage to third party and arising from your business within the premises from which you operate or anywhere in Hong Kong.  This Section can be effected together with the Physical Damage Section or on its own.

 

Please contact your insurance intermediary or call us for full details.

 

CROSS BORDER VEHICLE LIABILITY INSURANCE

Our Cross Border Vehicle Duty Liability Insurance is designed to tailor for the specific needs of Logistics Companies and vehicle fleet owners who have their businesses operating frequently across the Hong Kong – Mainland China border.

 

There are occasions when a Vehicle Duty is imposed on vehicles for not being able to exit from a Territorial Limit after entering due to loss of such vehicles caused by or arising from or as a result of burglary, robbery, theft or hijack occurred within the said Territorial Limit.

 

Our Cross Border Vehicle Duty Liability Insurance dedicates in indemnifying the legal liability of the Insured for the actual Duty being assessed by the Custom Department of PRC if the above said situation unfortunately occurred. In addition, a certain portion of the incurred costs and expenses, apart from the actual Duty, may be eligible for reimbursement if such are incurred necessarily and reasonably, and written consent from the Underwriters should be obtained beforehand.

 

Please note that the information contained herein does not construe as the complete policy, but merely as a summary of the product.  For more on detailed coverage and the insurance’s operative details, please contact your insurance intermediary or call us directly.

 

CONTRACT INSURANCE

Building a dream home is always thrilling and satisfying, yet property owners may find the process in-between chaotic and have no clues on how to gain protection against potential physical losses and third party liability arising from or out of accidental incidences from the home renovation works conducted.  On the other hand, renovation and construction companies, as contractors, would also like to limit their exposures to such risks when entering into contracts of renovation works with their clients.

 

In order to enable you on gaining a pleased renovation experience, Hanson has launched a ‘Contractors’ All Risks’ insurance product that aims at maximising the protection available on the aforementioned risk occurrences. We may be able to insure you against sustained material damage to properties and against potential third party liability in respect of accidental bodily injury or property damage, so long as such arise during and in connection with the performance of the contract during the Period of Insurance.

 

The paragraphs contained hereinabove are merely summaries and does not construct as part of the insurance contract. Hanson Insurance Services Limited shall reserve the right in any final approval and alternations on the terms and conditions. Please do not hesitate to contact us or our appointed intermediaries for more information in this regard.

 

HOME INSURANCE

Our Home Insurance offers peace-of-mind features to protect your Personal Contents and Personal Liability at competitive premium starting from HK$486 per annum.

 

Personal Contents, amongst various Free Extensions, include coverage on Temporary Removal whilst in outside storage place you rent.  NO sub-limit on Personal Household Contents.  This section is subject to LOW excess of HK$200 per Loss Occurrence if your application is accepted on standard terms.

 

Personal Liability, amongst various Free Extensions, includes Golfing Liability, Pet Liability and Tenant’s Liability of outside storage place you rent.  This section is subject to NO excess if your application is accepted on standard terms.

 

Our Home Insurance can also protect your investment property, the apartment you purchased for rent-out purpose.  Personal Contents will cover the Household Contents you provide to your tenant, such as furniture, fixtures, fittings, improvements and betterments, household appliances up to HK$500,000 and Personal Liability will provide premises liability protection to you in the capacity as property owner.

 

Options are available to cover your Personal Contents outside of your Home, your golf equipment or to increase the Personal Liability limit to HK$10,000,000.

 

Please contact your insurance intermediary or call us for full details.

 

LOGISTICS LIABILITY INSURANCE

Our Logistics Liability Insurance is designed specifically for larger logistics service providers such as freight forwarders, including Non-Vessel Operating Carrier (NVOCs), road haulier, warehouse and container yard operators.

There are four coverage parts in our Logistics Liability Insurance Policy:

Cargo and Vessel Liability will indemnify you for your liability on loss of or damage to the cargo entrusted with you and arising from your Standard Trading Conditions (STC), which should include clauses governing Disclaimer of Liability, Limitation of Liability and Basis and Method of Calculating Liability.  This section will also indemnify you for your liability on damage to the vessel and arising from your space, slot and voyage chartering business.

Third Party Liability will indemnify you for your liability on bodily injury and/or property damage to third party and arising from your business operation.

Professional Indemnity Liability will indemnify you for your liability on breach of professional duty by reason of any negligent act, error or omission committed in the course of your business.  Coverage is on Claims Made basis.

Fines and Penalties Liability will indemnify you for your liability on fines and penalties imposed and resulting from innocent mis-description of the nature or quantity of the cargo in the manifests, waybills, bills of lading, etc. prepared for the purpose of customs clearance.  Coverage is on Claims Made basis.

Please contact your insurance intermediary or call us for details.

 

MOTOR INSURANCE

Hanson is a specialist in writing all types of Motor businesses for and on behalf of Lloyd’s as a Coverholder.

 

We have been underwriting on the class of insurance for more than 20 years and counting.  Combining the expertise and experiences of our production teams and the extensive use of the back-end system, we endeavour to cater any of your needs when it comes to choosing a comprehensive and suitable motor insurance product.

 

We allow extensive coverage through offering flexible options in purchasing different sections of coverage, from a ‘Third Party Only’ and/or ‘Physical Damage Only’ business to a combination of both and/or a traditional Comprehensive cover.

 

Our Management recognises and treasures the values in quality customer services.  For businesses with Lloyd’s, we collaborate with Hang Fai Auto Services Company Limited (Hang Fai) as our designated garage in offering the following value-adding features if you commit on the repairing service provided by Hang Fai, including but not limited to:

  1. Priority Surveying Services and Repairing;

  2. NCB Protection on Commercial Vehicle Physical Damage Risks, irrespective of the claim amount

 

While Hang Fai specialises in motor repairing, it is an independent operation and we do not accept responsibility for their services in cases of dispute.  You can comprehend more from their website here.

 

We also underwrite extensional Motor Physical Damage Cover to the Guangdong Province of China.

 

In addition, our associated broking arm, Hanson Insurance Brokers Limited, is able to provide separate cover on the mandatory Third Party Liability Insurances in Mainland China.  We welcome on your inquiry with us, or you can contact your intermediary alternatively for more information.

 

PERSONAL ACCIDENT INSURANCE

In an unfortunate event of accident happening to you or your family, it can pose a strain on you, both emotionally and financially. In order to get you protected against occurrences of these unexpected circumstances, our accident insurance can provide you on some contingency money to look after your loved ones and to take care of your ongoing maintenance.

 

In accordance to your specific need, we may offer you flexible coverage on Accidental Death and Permanent Disablement on a Long Scale and corresponding Accidental Medical Expenses can be reimbursed. Such coverage is worldwide and includes free extensions on Double Indemnity on Public Common Carrier and Major Burns.

 

Feel free to contact us or your appointed intermediary for more information.

 

TRUCK CARGO LIABILITY INSURANCE

Our Truck Cargo Liability Insurance is designed for small road haulier operators for the transportation of cargo within Hong Kong or Hong Kong and Guangdong Province, China.

 

Insurance can be purchased on one or more designated truck(s) for option of HK$500,000, HK$1,000,000 or HK$2,000,000 any one truck.

 

There are three coverage parts in our Truck Cargo Liability Insurance:

 

Cargo Liability will indemnify the Insured for its liability on loss of or damage to the cargo it entrusted with and arising from the Bill of Lading, Air Waybills, Carriage Contract or Cargo Receipt approved by us, or, in the absence of such document, the liability regime of the Standard Terms and Conditions (STC) of the Hong Kong Container Tractor Owner Association.

 

Trailer and Container Liability will indemnify the Insured for its liability on loss of or damage to trailer and/or container not owned or leased and directly as a result of an accident in the course of the transportation of cargo.

 

Errors and Omissions Liability will indemnify the Insured for its liability on breach of professional duty by reason of any negligent act, error or omission committed in the course of its business.  Coverage is on Claims Made basis.

 

Please contact your insurance intermediary or call us for details.

 

35/F., Morrison Plaza, 9 Morrison Hill Road, Wanchai, Hong Kong    Tel: (852) 2891 0298    Fax: (852) 2891 7063

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