HomeChoice Insurance Plan – Landlord Insurance

HomeChoice Insurance Plan – Landlord Insurance

Investing in rental property is a good way to protect your wealth and to generate a steady income. Nevertheless, it may also bring you troubles and anxieties by unforeseen circumstances. HomeChoice Insurance Plan – Landlord Insurance (the “Plan”) eases your mind with its multiple protections.

HomeChoice Insurance Plan – Landlord Insurance offers multiple protections to all landlords, just like you.

Liability care

Liability care Owner’s Legal Liability and Owner’s Liability in Common Area
Legal Liability coverage up to HKD10,000,000 to protect you as a landlord against compensation which you will become liable should any accidents happen at your property or in the common area.

Property care

Property care Loss of Rent
Compensates your rental loss up to HKD20,000 per month for a maximum of six months, if:
  • your home is made uninhabitable by an insured cause; or
  • there is any outstanding rent unpaid by your tenant (subject to certain policy terms and conditions).

Home Contents
Provides up to HKD250,000 coverage to the home contents owned by you in your rental property such as furniture, fixtures, fittings and interior decoration.

Offer you emergency support

Offer you emergency support 24-hour Emergency Home Assistance Service
We provide a comprehensive 24-hour Emergency Home Assistance Service to make life easier for you and your tenant. As a valued-added benefit, “Hassle-free cashless approach” is now available. The service includes:
  • Plumbing assistance
  • Electrical assistance
  • Locksmith assistance

To enroll or to learn more
  • Call 2806 5038
  • Click Here to enroll in HomeChoice Insurance Plan – Landlord Insurance
  • Click Here for Fubon Home Plus Insurance Plan – Householder Insurance

Benefits Table

Benefits Table
Coverage Maximum amount (HKD)
Basic coverage
Section 1 – Legal Liability
Legal liability as a home owner and home owner’s liability in common area Annual coverage 10,000,000
Section 2 – Home Contents1
Maximum coverage Annual coverage 250,000
A) Core benefit
Home contents
B) Extended benefits
Your property protection
Damage by firemen
Debris removal
Outdoor property
50,000/accident (2,500/item)
Temporary removal
Interior decoration period
Your loss of rent
(a)  When your home is made uninhabitable by an insured cause, or
(b)  When your tenant has not paid the rent according to the terms and conditions as written in the “Tenancy Agreement”, provided that you have
(i) taken legal action against your tenant; and
(ii) obtained court judgement against your tenant on the outstanding rent; and
(iii)  failed to receive the outstanding rent within one month after the court judgment is handed down.
Maximum indemnity period: 6 months
Section 3 – Emergency Assistance Benefits
24-hour Emergency Home Assistance Service
Electrical, plumbing, locksmith assistances
Hassle-free cashless approach
Optional coverage
Section 4 – Building2
Accidental damage to the building
Based on rebuilding cost
Extended benefits
Debris removal
5% of rebuilding cost/accident
Architects’ and surveyors’ fee
5% of rebuilding cost/accident

Premium Table

Premium Table
  Annual premium (HKD)
Floor area (Sq Ft)3 Basic coverage Optional coverage – Building
Gross floor area Saleable area
500 or below 400 or below 600 500
501-700 401-560 750 630
701-1,000 561-800 900 1,020
1,001-1,500 801-1,200 1,100 1,530
1,501-2,000 1,201-1,600 1,300 2,040
2,001-2,500 1,601-2,000 1,550 2,500
2,501-3,000 2,001-2,400 1,800 3,050
3,001-3,500 2,401-2,800 2,100 3,600
3,501 or above 2,801 or above 2,450 4,080

1 For a residence situated in a multistorey building which is aged at 40 years or below, the standard policy excess under Home Contents section is Nil.
2 The standard policy excess applicable to landslide and subsidence under Building section is the first HKD10,000 or 10% of adjusted loss for each and every claim, whichever is the greater.
3 Customer can choose either gross floor area or saleable area as the basis for calculation of premium.

24-hour Emergency Home Assistance Service – Hassle-free cashless approach

24-hour Emergency Home Assistance Service – Hassle-free cashless approach
  Standard hours Non-standard hours
Standard area Cashless HKD800 surcharge
Remote area HKD800 surcharge HKD1,200 surcharge

24-hour Emergency Home Assistance Service must be rendered by the service provider nominated by Zurich Insurance Company Ltd. The service is only applicable to the first site inspection and repair (not including any material costs) and is subject to service availability.
Standard hours Technician arrival time: 9 a.m. to 9 p.m., Monday to Sunday except public holidays
Standard area  Hong Kong Island, Kowloon, New Territories and Tung Chung
Remote area   Outlying islands except Tung Chung and restricted areas (including Mai Po, boundary control points and villages of the Frontier Closed Area, etc.)


Please call Fubon Bank Enrollment Hotline 2806 5038 during office hours* for more details.


*Office hours: Monday to Friday: 9am to 9pm (except public holidays).


Terms and Conditions

Major exclusions:
Unexplained loss, Illegal building works; electrical and mechanical breakdown; wear and tear; war; terrorism; radioactive contamination; pollution and contamination, etc.
  • The above information is for reference only and does not constitute any part of the insurance contract. For full terms and conditions and exclusions, please refer to the policy document itself which shall prevail in case of inconsistency.
  • Zurich Insurance Company Ltd (“Zurich”) is the insurance underwriter of the above insurance plan and is authorized and regulated by the Insurance Authority. Zurich is solely responsible for all approvals, coverage and compensation under this policy and reserves the right of final approval and decision on such matters.
  • Zurich is not a subsidiary or an affiliate of Fubon Bank (Hong Kong) Limited (“Fubon Bank”).
  • Fubon Bank is the licensed insurance agency appointed by Zurich , and is responsible for introduction of the insurance plans. The Plan is not the product of Fubon Bank. Fubon Bank is not responsible for approval, coverage and compensation under the Plan.
  • In case you file a written complaint regarding the selling process or processing of the related transaction to Fubon Bank and the complaint is an “Eligible Dispute(s)” as defined in the Terms of Reference for the Financial Dispute Resolution Centre, Fubon Bank is required to enter into a Financial Dispute Resolution Scheme process with you if the Eligible Dispute cannot be resolved after Fubon Bank has issued the final written reply. If the complaint / dispute is related to the policy terms and conditions, it should be resolved directly between Zurich and you.
  • Levy collected by the Insurance Authority (if any) has been imposed on this policy at the applicable rate and would be remitted in accordance with the prescribed arrangements. For further information, please visit Zurich's company website: http://www.zurich.com.hk/ia-levy.
  • Zurich is a company incorporated in Switzerland with limited liability and its principal place of business in Hong Kong is at 25-26/F, One Island East, 18 Westlands Road, Island East, Hong Kong.
  • The English version shall prevail in case of inconsistency between the English and Chinese versions.

Terms and Conditions for Home Insurance Promotion:
  1. The promotion period is from 25 June 2021 to 31 October 2021, both dates inclusive ("Promotion Period").
  2. Within the Promotion Period, customer who successfully enrolled in Fubon Home Plus Insurance Plan – Householder Insurance or HomeChoice Insurance Plan – Landlord Plan (“Designated Policy”) through dedicated hotline operated by Fubon Bank (Hong Kong) Limited (the “Bank”) or dedicated insurance enrollment portal of Zurich Insurance Company Ltd (“Zurich”) accessed through the Bank’s website (“Eligible Customer”) is entitled to the below promotion reward:
    Plan Type
    Promotion Reward
    Fubon Home Plus Insurance Plan – Householder Insurance (Standard Plan 1) or HomeChoice Insurance Plan – Landlord Plan HK$100 Supermarket Coupon
    Fubon Home Plus Insurance Plan – Householder Insurance (Standard Plan 2 or DIY Plan) HK$200 Supermarket Coupon
  3. Eligible Customer must be the policyholder of the Designated Policy. The Designated Policy must be effective for at least 3 months to enjoy the above Promotion Reward.
  4. Each Designated Policy can enjoy the above offer once only.
  5. The above offer is not available for insured location with any Zurich home insurance policy surrendered, lapsed or with change of coverage within 12 months prior to the issue date of Designated Policy. The above offer is not applicable to renewal business or policy reinstatement.
  6. Promotion Reward will be sent to the correspondence address of Eligible Customer on or before 31 March 2022 by mail.
  7. The above offer cannot be used in conjunction with other promotion offers.
  8. Zurich reserves the right to offer an alternative gift as replacement without prior notice in case of shortage. The relevant Promotion Reward (or other gift replacements) is non-exchangeable for other gifts, non-redeemable for cash, and no change will be given. The use of the Promotion Reward (or other gift replacements) is subject to the terms and conditions imposed by the Promotion Reward/gift suppliers.
  9. The Promotion Reward (or other gift replacements) is supplied to Eligible Customer by individual supplier. Zurich is not the product supplier or service provider of the relevant merchant offers and the offers details are provided by the relevant product supplier or service provider. Zurich makes no representation or warranty as to the quality of the goods or services of the relevant supplier, is not the Promotion Reward/gift supplier and shall not be liable in anyway therefor. In case of any disputes, customers should deal with the Promotion Reward/gift supplier directly.
  10. Zurich reserves the right to suspend, vary or terminate the above offer or amend the relevant terms and conditions at any time without prior notice. In case of any dispute, the decision of Zurich shall be final and conclusive.
  11. These terms and conditions are related to the promotion offer only. No reference has been made to any Zurich insurance policy or any coverage or content. Customers are advised to read and understand the policy document, coverage and content before enrolling for the relevant insurance.
  12. Should there be any inconsistency between the English and Chinese versions, the English version shall prevail.
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