Bilateral Contract & Contract Right <Summary of Contract Feature>
Non-Guaranteed Renewal <Summary of Contract Feature>
Coverage
To protect the Insured against the legal liability in respect of compensation for third party bodily injury and/or property damage.
Aggregate Limit of Indemnity
The purchased sum insured will be reduced by early claims for the rest of policy period unless additional cover is purchased.
Territorial Limit
Coverage provided is limited to specific premise risk or anywhere in HK or worldwide
Deductible Applicable
Jurisdiction Clause
It has confined the judgments in establishing Insured’s legally liability by a court competent jurisdiction within a stated territory
Subrogation Right
A right granted to the Insurer who shall be subrogated to all the insured’s right of recovery and indemnity against any parties. |