Sum insured is usually the same as your current mortgage loan value. We insure from HKD 500,000 to HKD 50,000,000, and the minimum premium is set at HKD 400/year.
We currently accept HSBC, Hang Seng Bank, Bank of China, Standard Chartered, The Bank of East Asia, China Construction Bank, and Fubon Bank mortgage customers. If your mortgage is with another bank, please leave us your details, and we will contact you to add your bank to our network.
What is "sum insured"?
You can choose the sum insured to be one of the following:
(1) Original mortgage loan amount
(2) Current mortgage loan value
(3) Property reinstatement cost
Most people will use the current mortgage loan value as the sum insured.