HONG KONG SAR - Media OutReach - 6 April 2023 - Blue Cross (Asia Pacific) Insurance Limited ("Blue Cross") announces the launch of HomeElite (the "Plan"), which is exclusively distributed by AIA Hong Kong Financial Planners who are registered as Blue Cross' agents. The Plan provides coverage for household contents up to HK$1,300,000 and public liability up to HK$10,000,000; offering comprehensive home protection solution for residential flats of different sizes, owner-occupied or rented. HomeElite includes specially curated green features, including the provision of Extra Benefit for Green Living, encouraging the usage of energy efficient home appliances, and Solar Energy Generation System Benefit to support the proliferation of renewable energy. The Plan also provide first in market No Claim Benefit Upgrade which increases the initial sum insured by up to 10% at policy renewal. From now until 31 December 2023, if the home insured is in a residential property that holds a valid BEAM Plus* Platinum/Gold rating issued by the Hong Kong Green Building Council, customer will be rewarded with a HK$100 supermarket e-cash coupon.
Apart from household contents and valuables, HomeElite covers personal effects, money or unauthorised use of credit cards, personal documents and accidental damage to mobile phones, tablet computers or laptop computers, etc. Loss of or damage to household contents due to renovation or moving, or household contents stored in a professional storage facility are also covered.
As the general public has become more environmentally conscious, green elements are incorporated into HomeElite. If a customer replaces a household appliance - which is damaged to the extent that it is beyond repair, with a new item which qualifies as a Grade 1 Energy Efficient Product, the Plan will offer an Extra Benefit for Green Living which is equivalent to 10% of such original amount payable. Besides, to encourage the use of renewable energy and reduce carbon emissions, Solar Energy Generation System Liability Benefit covers legal liability against accidental death or bodily injury to a third party, or accidental loss of or damage to third party's property (including house, semi-detached house or village house), arising out of the use of a solar energy generation system installed in the insured premises. The maximum benefit is HK$5,000,000 per accident or per period of insurance.