INSURING CLAUSE

1. This Policy Jacket, the Policy Schedule, the Table of Benefits and any Endorsement to this Policy shall be read together as one contract (this "Policy").

2. The Terms, Conditions and Exclusions contained in the Policy Schedule shall be read in accordance with and shall not be construed so as to modify, add to or in any way vary the terms, conditions and exclusions contained herein.

3. The Proposal and Declaration is incorporated in and is the basis of this Policy.

4. The Insured shall pay the premium specified in the Policy Schedule.

5. The Company shall provide insurance subject to the limits, terms, conditions and exclusions of this Policy in respect of any insured event occurring during the Period of Insurance specified in the Policy Schedule .

6. The due observance and fulfilment of the terms, conditions and endorsements of this Policy relating to anything to be done or not to be done or to be complied with by the Insured or any other person claiming to be indemnified; and the truth of the contents and statements in the Proposal and Declaration, shall be conditions precedent to any liability of the Company under this Policy.

1. "Building" shall mean the buildings of the private dwelling house or private flat situated at the Insured Premises as described in the Policy Schedule and of all garages and outbuildings used solely in connection therewith and on the same premises and shall include landlord fixtures and fittings therein and the windows, walls, doors, gates, fences around, patios, terraces, hedges, paths, drives , posts and masts pertaining thereto but excluding foundations and drains.

2. "Excess" shall mean the first amount or the percentage (if applicable) as specified in the Table of Benefits unless otherwise stated in the Policy Schedule of the adjusted loss for any claim, whichever is greater, which You must bear as You are not insured for this amount.

3. "Home" or "Insured Premises" shall mean the private dwelling of the Insured used for domestic purpose only and specified in the Policy Schedule as the Insured Premises.

4. "Hong Kong" shall mean the Hong Kong Special Administrative Region.

5. "Household Contents" shall mean (i) furniture, household appliance, Personal Effects (except those specifically insured in the Policy Schedule as separate items under Optional Benefits), household property of the Insured or the Insured's Family (ii) furnishings (iii) Household Improvements for which the Insured is legally responsible.

Household Contents do not include the following:

1. Money, deeds, bonds, bills of exchange, promissory notes, securities for money, documents of any kind, manuscripts and medals;

2. mechanically and/or electrically propelled vehicles and/or accessories, including but not limited to pedal cycles, motor cycles, aircraft and/or water crafts;

3. animals, plants, trees or living creatures and the like;

4. models, spectacles and lens including contact lens;

5. Building, drains, pipes, bathtub, washing basin, toilet bowl, external television and radio antennae, aerials, aerial fittings and satellite dish;

6. property placed in or on verandahs, balconies, patios, terraces, forecourts, roofs top or open areas;

7. the value of any kinds of information;

8. portable computers, portable audio/video players, portable data equipment, electronic diaries or personal data assistants while away from the Home;

9. mobile or portable telecommunication equipment, mobile telephones and pagers;

10. sports equipment whilst in use;

11. property primarily used for business or employment-related purposes;

12. property more specifically insured by any other insurance policy;

13. property in the course of removal or transit;

14. property normally located in some places other than the Home;

15. any recorded, produced or generated contents or materials inside a film, tape, cassette, cartridge, disc or diskette other than for their value as unused material, unless purchased pre-recorded when the Company will pay up to the market's latest price list in the event of loss of or damage to the same.

6. "Household Improvement" shall mean improvements and betterment on walls, ceilings, floors and doors which are carried out by the Insured but excluding windows of any kind.

7. "Low Rise House" shall mean house/ semi-detached house/ village house of not more than 3 storeys other than roof floor.

8. "Money" shall mean cash, currency note, coins, cheques, postal orders, bankers drafts, travelers cheques, travel tickets, saving certificates, stamps, gift tokens/coupon and cash coupon.

9. "Period of Insurance" shall mean the period of time specified in the Policy Schedule during which this Policy is effective, and You have paid or agreed to pay the premium.

10. "Personal Documents" shall mean Hong Kong Identity Cards, Hong Kong Driving Licence, China Re-entry Permit and passports.

11. "Personal Effects" shall mean articles of personal possessions normally worn or carried by and belonging to You or Your Family but excluding Money, Personal Documents, documents of value, credit cards, automatic teller machine cards and stored-value devices.

12. "Policy" shall mean and refer to the entire Policy document between the Insured and the Company including Application, Proposal, Declaration submitted or made by the Insured, the Policy Jacket, the Table of Benefits, the Policy Schedule issued hereunder and any endorsements thereto.

13. "The Insured Person" shall mean the Insured and/or any member of the Insured's Family.

14. "Valuables" shall mean articles of gold, platinum, silver, jade, diamond, jewellery or other precious metals or stones, watches, works of art, antique, chinaware, curios, furs and musical instruments (excluding pianos).

15. "We" or "Us" or "Our" or "Company" shall mean Blue Cross (Asia-Pacific) Insurance Limited.

16. "You" or "the Insured" shall mean the person who contracts with the Company and named as the Policyholder in the Policy Schedule and who is insured under this Policy.

17. "Your Family" or "the Insured's Family" shall mean your spouse, children or relatives ordinarily residing with You at the Home.

18. "Your Domestic Helper" shall mean the domestic helper or helpers in the Insured's employ who is/are residing with You at the Home.

SECTION 1 - HOUSEHOLD CONTENTS

EXTENSION BENEFITS
The maximum liability of the Company payable under the basic coverage and the following extensions will not exceed the sum insured of Basic Coverage as stated in the Table of Benefits.

1. Removal of Debris
   The Company will pay the costs and expenses necessarily incurred by the Insured with the consent of the Company in:
   a) removing debris,
   b) dismantling and/or demolishing,
   c) shoring up or propping,
   of any portion or portions of the insured Household Contents.

2. Interior Alterations or Repairs
   This Policy will cover the loss of or damage to the insured Household Contents excluding materials and works carried out by the contractors within the Home during the period of interior alterations or repairs subject to the maximum contract value and maximum contract period as stated in the Table of Benefits.

3. Replacement of Locks or Windows
   The Company will pay the necessary and reasonable expenses incurred for the replacement and installation of windows and door locks and/or keys for the main entrance(s) to the Home following loss of or damage to the items due to burglary or attempted theft.

4. Personal Effects
   This Policy will extend to cover Personal Effects against all unforeseen and sudden accidental physical loss or damage anywhere in the world while carried by You or Your Family.

5. Loss of Money or Unauthorised use of credit cards
   This Policy will extend to cover loss of Money or loss resulting in unauthorised use of credit cards belonging to You or Your Family within Hong Kong during the Period of Insurance provided that the loss is caused by fire, or burglary or robbery or theft leaving forcible violent and visible marks.
   
   The Company will not be liable for any of the following losses:
   a) loss resulting from unauthorised use by You or Your Family;
   b) loss that can be recovered from any other source;
   c) loss not reported to the police within 24 hours of discovery of the loss.

6. Personal Documents
   The Company will pay for the replacement costs of Personal Documents belonging to You or Your Family against accidental loss anywhere in Hong Kong.

7. Household Removal or Temporary Removal
   This Policy will extend to cover the loss of or damage to the insured Household Contents while they are being moved by professional removers to a new risk of location insured with Us within Hong Kong up to two (2) days from the first day of such household removal, or while temporarily removed from the Home for the purpose of professional cleaning, repair or renovation or maintenance within Hong Kong up to fourteen (14) days from the first day of such temporary removal, provided that the loss or damage shall not be covered under any other policy. The Company shall not be liable for loss of or damage to property removed for exhibition or sale.

8. Damage to Frozen Food
   The Company will pay the replacement cost of frozen food in the Insured's refrigerator situated at the Home due to deterioration caused by a change in temperature of the refrigerator, provided that the Company shall not be liable for
   a) loss or damage resulting from the deliberate act of any person or the electricity supply company; or
   b) loss or damage caused by the failure of the refrigerator which is more than five (5) years old.

9. Domestic Helper's Property
   This Policy will cover Personal Effects of Your Domestic Helper whilst such properties are situated in the Home provided that the loss is caused by fire or burglary accompanied with forcible violent and visible marks on the Home.

1. Alternative Accommodation
   In the event of the Home being rendered uninhabitable by an insured peril covered under this Section, the Company will pay the necessary and reasonable expenses for alternative accommodation actually incurred by the Insured during the period necessary for the reinstatement of the Home.
   This Policy will not cover any expenses incurred as a result of the Home being rendered uninhabitable by decoration without any physical loss or damage covered under this Section prior to such decoration.

2. Accidental Death Benefit
   This additional benefit covers bodily injury suffered by You or Your Family whilst in the Home caused by violent external and visible means and sustained as a result of fire or caused by robbery where such bodily injury shall within three (3) calendar months result in the death of You or Your Family. Where compensation is payable under this additional benefit in respect of the death of more than one Insured Person arising out of the same event, the aggregate of the compensation payable in respect of the death of each of the Insured Person is subject to the maximum limit payable for this benefit, which compensation shall be apportioned in equal shares.

The provision of the following 24-hour home assistance services by an independent service provider is available to the Insured in emergency cases:-

1. Electrical Assistance - to arrange for a registered electrician to repair any defect of the Insured Premises' electrical system.

2. Plumbing Assistance - to arrange for a licensed plumber to repair the Insured Premises' water supply system.

3. Locksmith Assistance - to arrange for a locksmith to gain access to the Home.

4. General Repair on Household Items - to arrange for the relevant contractor or service provider to fix any household problem of the Insured Premises.

5. Baby Sitting / Nursing Referral - to arrange for a baby sitter or domestic helper to take care of the Insured's child(ren) or other family member during the Insured's absence. A qualified nurse can also be sent to the Home to attend to the needs of any person specified by the Insured.

6. Temporary Domestic Helper referral - to arrange for a temporary local domestic helper upon the request of the Insured.

7. Pest Control / Cleaning Referral - to arrange for a company specialised in pest control to deal with pest problems or a cleaning company to assist the Insured to clean the Home.

8. Domestic Helper Advice - to provide information relating to overseas domestic helpers based on materials released by the Labour Department of Hong Kong.

9. House Call Arrangement - to arrange for a registered doctor to pay home visits and render medical treatment if necessary.

The service providers and/or the contractors and/or professionals to which the Insured may be referred are independent contractors and not employees servants or agents of the Company and the Company shall not be responsible for the services provided by them or be liable for any negligence and/or omission on the part of these service providers and/or contractors and/or professionals. Further, the Company shall not in any way be held liable for any loss or damage suffered by the Insured as a result of the provision of any of the above services by such service providers and/or contractors and/or professionals.

In addition, the Company, its service providers and/or the contractors and/or professionals to which the Insured may be referred shall not be held responsible for the failure or delay in providing services or assistance caused by any administrative, political or government impediment, industrial action, riot and civil commotion, or any form of political unrest (including but not limited to war, terrorism, insurrection), adverse weather conditions or any other circumstances beyond their control.

The use of the above services arranged by the Company is at your own accord.

Simply make a call to the 24-hour hotline 3608 6083 and quote your Policy Number to request for any of the above services.

1. Loss or damage caused by any of the following:

   1. wear and tear;

   2. mildew, mold, moisture, rot, corrosion, rust, gradual deterioration, market depreciation, the action of light or atmosphere and gradually operating causes;

   3. insects, vermin, animals;

   4. dyeing, cleaning, repairing, restoring, renovation;

   5. scratching, marring or denting;

   6. breakdown and/or mechanical malfunction of electrical appliances and computer equipment;

   7. inherent fault or latent defect, defective workmanship materials or design, or deformation;

   8. misuse or use contrary to manufacturer's instruction or specification;

   9. change in temperature other than change in temperature of refrigerator covered in Extension Benefit 8 "Damage to Frozen Food" above, colour, flavour, texture or finish;

   10. landslip and subsidence;

   11. theft or attempted theft not accompanied with forcible or violent entry to or exit from the Home leaving visible marks;

   12. consequential loss or damage of any kind;

   13. mysterious disappearance or unexplained loss;

   14. detention, seizure or confiscation by customs or other officials;

   15. loss of or damage to electrical equipment and wiring caused by electrical current or power surge;

   16. deception or conspiracy;

   17. leaving properties behind and unattended.

2. Any loss or damage occasioned by seepage into and/or pollution and/or contamination of the property insured unless the property insured is the subject of physical loss or damage directly resulting from seepage and/or pollution and/or contamination occasioned by a sudden identifiable unintended and unexpected event of a peril otherwise insured.
   
   However, the costs of cleaning up or decontamination of the environment (land, air or water) shall be excluded from the coverage of this Policy.

1. Settlement of claims may be made by payment or at Our option by reinstatement or repair or replacement. Unless shown separately in the Table of Benefits, the Company will not pay more than the maximum limit of any items as stated in the Table of Benefits.

2. For carpet and rug, this Policy covers only total or substantial loss by actual ignition, and whereas searing, scorching and smouldering occasioned by sparks and the like is not covered.

3. The Company does not have to repair the property insured to such extent as they exactly were before the damage but will ensure that they are reasonably comparable with their original condition as long as it is practicable to do so.

4. The Company will pay for the full replacement or repair cost of furniture, furnishings and home appliances if the same is not more than five (5) years old and the full cost of Household Improvement to the Home if the same was carried out not more than five (5) years ago, otherwise, the Company will carry out repair to the damaged property or indemnify You for the market value of the damaged property at the time of the loss.

5. In case the Insured fail to furnish Us with documentary proof or choose not to replace the claimed item after any loss or damage, depreciation will thus be applied and the rate of depreciation shall be determined at the Company's discretion. If the claim is not substantiated by documentary proof such as a receipt, the item limit payable in respect of Household Contents and the extension benefits for Personal Effects under Section 1 shall be one third of the item limit as stated in the Table of Benefits.

1. accidental death or bodily injury of third party ; or

2. accidental loss of or damage to third party property

occurring in or about the Insured Premises as (i) the owner of the Building , or (ii) a lawful occupier of the Home ; or occurring solely in his/her personal capacity (not as an occupier or owner of any building) anywhere in the world. The Company shall also pay the legal costs and expenses recoverable by any claimant from You and all costs and expenses incurred with Our prior written consent.

1. This Policy will not cover any liability for:

   1. bodily injury to You or Your Family or any person in the service of You or Your Family ;

   2. loss of or damage to property belonging to or in the care, custody or control of You or Your Family or any person in the service of You or Your Family;

   3. fines, penalties, punitive or exemplary damages.

2. This Policy will not cover any liability arising out of or in connection with:

   1. the ownership, occupation or use of any land or building other than the Insured Premises;

   2. any agreement to make payment by way of indemnity or otherwise unless such liability would be attached in the absence of such agreement;

   3. the exercise of any trade, profession or employment other than the employment of domestic servant in your service ;

   4. the ownership, possession, driving or use of any mechanically-propelled vehicles, aircrafts or watercrafts;

   5. the ownership, use or possession of any animals other than domestic dogs or cats allowed to be kept at your Home under the Deeds of Mutual Covenants and the rules and regulations imposed by the management office of the building wherein the Home is situated.

3. Seepage Pollution and Contamination Exclusion

   This Policy will not cover any liability for:

   1. bodily injury or loss of, damage to, or loss of use of property directly or indirectly caused by seepage, pollution or contamination; and

   2. the cost of removing, nullifying or cleaning-up seeping, polluting or contamination substances;  

   except where the seepage, pollution or contamination is caused by a sudden identifiable unintended and unexpected happening during the Period of Insurance of this Policy.

3.1 BUILDING

This Policy will cover You against any unforeseen sudden accidental physical loss or damage to the Building unless the cause of such loss or damage is specifically excluded in Section 1.

BASIS OF SETTLEMENT OF CLAIMS

1. The Company will pay the costs actually incurred to rebuild or repair the Building to the same condition and extent it was when new provided that the sum insured shall be adequate to pay for the actual costs of rebuilding or repairing the Building, otherwise, the rebuilding or repairing costs payable will be subject to the Average Clause, if applicable, as stipulated below.

2. If You do not rebuild or repair the Building, the Company will only pay You the reasonable costs of rebuilding or repairing the Building to the same condition and extent it was when new assessed as at the time of loss or damage less depreciation and/or wear and tear while the assessed costs of rebuilding or repairing and the extent of depreciation and/or wear and tear shall be determined by the Company at its absolute discretion.

3. The Company will not pay for the replacement of or work done on any undamaged items or remaining parts of the Building solely because they form part of a set, suite, group or collection of articles of a similar nature, colour, pattern or design.

3.2 VALUABLES

This Policy will cover the Valuables as declared to the Company prior to the date on which this Policy becomes effective against any unforeseen sudden accidental physical loss within the geographical limits as specified in the Policy Schedule unless the cause of such loss or damage is specifically excluded in Section 1.

BASIS OF SETTLEMENT OF CLAIMS

1. AVERAGE CLAUSE

If at the time of loss or damage, the property insured as specified in the Policy Schedule shall be collectively of greater value than the sum insured thereon, the Insured shall bear a share of the loss or damage corresponding directly to the proportion of underinsurance. Every item, if more than one, of the property insured shall be separately subject to this clause.

ADDITIONAL CLAUSES

APPLICABLE TO SECTIONS 1 AND 3

LANDSLIP AND SUBSIDENCE EXTENSION

Notwithstanding anything contained herein to the contrary, this Policy shall extend to cover:

Loss of or damage to the property insured under Sections 1 and 3 directly caused by subsidence of the site or landslip, occurring within the Period of Insurance stated in the Policy Schedule but EXCLUDING:

1.  loss or damage occasioned by or through or in consequence directly or indirectly of any of the following occurrences:

   1. Coastal erosion;

   2. Heave;

   3. Bedding down of structures or the settlement of made up ground within five (5) years of the completion of such works;

2. loss of or damage to paths drives fences gates boundary and retaining walls caused by subsidence and/or landslip;

3. unless otherwise specifically insured, the cost of removal of subsidence and/or landslip debris or the making good of the site following subsidence and/or landslip except in so far as is necessary to repair the property insured;

4. loss or damage directly occasioned by defective design or workmanship or the use of defective materials;

5. consequential loss or damage of any kind or description; and

6. after the application of average clause if appropriate, the applicable Excess as specified in the Table of Benefits unless otherwise stated in the Policy Schedule for each and every claim occurring within each and every separate period of 72 consecutive hours during the Period of Insurance.

WARRANTED:

1. The Insured shall maintain the property insured in sound repair and shall take all responsible steps to prevent damage occasioned by perils covered hereby.

2. The Insured shall notify the Company immediately of:

   1. any excavations commenced beneath, around or in the vicinity of the Insured Premises. In such event the Company shall have the right to vary or cancel the cover provided under this Policy; and

   2. the operation of an insured peril affecting any part of the site where the Insured Premises is situated (whether or not the property insured is involved) or its nearby surroundings.

APPLICABLE TO SECTION 3.1

AVERAGE CLAUSE - 80%

In the event of under-insurance where the sum insured is less than 80% of the full rebuilding costs at the time of loss or damage, the amount payable by the Company is the proportion which the sum insured bears to the total current rebuilding costs of the Building as at the time of the loss. You are considered as being your own insurer for such under-insurance and bear a rateable proportion of the loss.

MORTGAGEE CLAUSE (A13)

Loss, if any, under this Policy shall be payable to the mortgagees or assignees named in the Policy Schedule to the extent of their interest in the Building.

In the event of loss or damage, the Company will pay to the mortgagees or assignees such sum to the extent of their interest but not exceeding the sum insured or the reinstatement value (less depreciation if any) of the property insured whichever is lower and that this Policy in so far as concerns the interest therein of the mortgagees or assignees only shall not be invalidated by any act or neglect of the mortgagor or owner of the property insured, nor by anything being done to, upon or in any building hereby insured without the knowledge of the mortgagees or assignees whereby the risk is increased provided always that the mortgagees or assignees shall notify the Company of any change of ownership or alteration or increase of hazard not permitted by this Policy as soon as any such change, alteration or increase shall come to their knowledge and on demand shall pay to the Company the appropriate additional premium from the time when such increase of risk first took place.

Whenever the Company shall pay the mortgagees or assignees any sum for loss or damage under this Policy, and shall claim that as to the mortgagor or owner of the property insured, no liability therefor existed the Company shall at once be legally surrogated to all rights of the mortgagees or assignees to the extent of such payment and the mortgagees or assignees shall do and execute all such further or other acts, deeds, transfers, assignments, instruments and things as may be necessary or be reasonably required by the Company for the purpose of better effecting such subrogation but such subrogation shall not impair the right of the mortgagees or assignees to recover the full amount of their claim.

Provided that as between the Company and the mortgagor or owner of the property insured nothing contained in this clause shall in any way constitute or be deemed to constitute any waiver of, or prejudice or affect any rights which the Company may have against the mortgagor or owner of the property insured, or lessen any obligations which may be imposed on the mortgagor or owner of the property insured either by this Policy or the law, and such rights and obligations shall as between the Company and the mortgagor or owner of the property insured remain in full force and effect.

The Company reserves the right to cancel this Policy at any time as provided by the terms hereof, but in such case this Policy shall continue in force for the benefit only of the mortgagees or assignees for ten (10) days after notice to the mortgagees or assignees of such cancellation, and shall then cease, and the Company shall have the right on like notice to cancel this Policy.

AUTOMATIC REINSTATEMENT OF SUM INSURED CLAUSE

In case of loss, the Company shall automatically reinstate the sum insured as from the date of accident and You shall undertake to pay the pro-rata premium for such reinstatement.

1. WAR AND TERRORISM

   Loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in connection with any of the following regardless of any other cause or event contributing concurrently or in any other sequence to the loss;

   1. war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war be declared or not), civil war, rebellion, revolution , insurrection, civil commotion assuming the proportions of or amounting to an uprising, military or usurped power , nationalization, confiscation, requisition, seizure or destructi on by the government, municipal, local or any public authority. or

   2. any act of terrorism

      For the purpose of this exclusion an "act of terrorism" means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear.

   This Policy also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to (a) and/or (b) above.

   Regardless of any contributory causes, this Policy does not cover any loss, damage, cost or expense directly or indirectly arising out of

   1. biological or chemical contamination; or
   2. missiles, bombs, grenades, explosives

   due to any act of terrorism.

   
   

   For the purpose of (a), "biological or chemical contamination" means the contamination, poisoning, or prevention and/or limitation of the use of objects due to the effects of chemical and/or biological substances.

   
   

   If the Company alleges that by reason of this exclusion, any loss, damage, cost or expense is not covered by this Policy the burden of proving the contrary shall be upon the Insured.

   
   

   In the event that any part of this exclusion is found to be invalid or unenforceable, the remainder shall remain in full force and effect.

2. RADIOACTIVE CONTAMINATION

   Loss of or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom, or any consequential loss or any legal liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from:

   1. ionizing radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel; or

   2. radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.

3. SONIC BANGS

   Loss or damage directly occasioned by pressure waves caused by aircraft and other aerial devices travelling at sonic or supersonic speeds.

4. IT CLARIFICATION

   1. Loss of or damage to data or software, in particular, any detrimental change in data, software or computer programs that is caused by a deletion, a corruption or a deformation of the original structure, and any business interruption losses resulting from such loss or damage. Notwithstanding this exclusion, loss of or damage to data or software, which is the direct consequence of physical damage caused by an insured peril to the substance of property, shall be covered.

   2. Loss or damage resulting from an impairment in the function, availability, range of use or accessibility of data, software or computer programs, and any business interruption losses resulting from such loss or damage.

5. MOLD EXCLUSION

   Loss or damage caused by mold, moss, mildew, fungi, spores, bacterial infestation or any similar organism and wet or dry rot, whether directly or indirectly resulted from a covered peril. This includes, but is not limited to, the cost for investigation, testing, remediation services, extra expense or business interruption. Such loss is excluded regardless of any other cause or event that continues concurrently or in any sequence to the loss. If loss otherwise covered by this Policy occurs and the cost of removal of debris is increased due to the presence of mold, moss, fungi, bacterial infestation, wet or dry rot and extremes of humidity, this Policy will only be liable for the costs of debris removal which would have been incurred had no such factors been present in, on or about the property insured to be removed.

6. TOTAL ASBESTOS EXCLUSION

   Any liability whatsoever in respect of loss or losses directly or indirectly arising out of, resulting in consequence of, contributed to or aggravated by asbestos in whatever form or quantity.

1. CANCELLATION OF POLICY

   1. The Company may cancel this Policy by giving seven (7) days' written notice by registered letter to You at your last known address provided that the Company shall in that event return to You the unearned portion of premium on a pro -rata basis.

   2. This Policy may be cancelled at any time by You upon seven (7) days' written notice to the Company and provided that no claim has been made during the current Period of Insurance, the premium payable shall be adjusted on the basis that the Company shall retain the customary short-term premium in accordance with the following table and the balance will be refunded to You:-

   SHORT PERIOD RATE TABLE

   Policy Period not exceeding	Premium to be Charged*
   1 month	10% of annual premium
   2 months	20% of annual premium
   3 months	30% of annual premium
   4 months	40% of annual premium
   5 months	50% of annual premium
   6 months	60% of annual premium
   7 months	70% of annual premium
   8 months	80% of annual premium
   9 months	90% of annual premium
   10 months or above	Full annual premium
   * Subject to a minimum premium per policy HKD500.

2. MISREPRESENTATION AND NON-DISCLOSURE

   If the Proposal or Declaration or any part thereof is untrue, inaccurate or omitted in any material way thereby affecting the assessment of risk of this Policy or if any renewal thereof is obtained through any misstatement, misrepresentation or suppression or if any claim made shall be fraudulent or exaggerated or if any false declaration or statement shall be made in support thereof then in any or these cases this Policy shall be void.

3. PREVENTION OF LOSS

   You and Your Family must comply with all statutory obligations and take all reasonable steps to:

   1. prevent loss, damage or injury and
   2. maintain in good condition and good repair of any property insured.
4. CHANGE IN RISK

   During the Period of Insurance of this Policy, You must advise the Company of any change in the nature of your occupancy or circumstances which would increase the possibility of loss and shall pay any necessary additional premium if required. The final acceptance of any risk is subject to the Company's discretion and approval.

5. NON-CONTRIBUTION
   This Policy is not to be called upon in contribution and is only to pay any loss thereon if and so far as not recoverable under any other insurance.

6. ARBITRATION
   All differences arising out of this Policy shall be first determined by arbitration in accordance with the Arbitration Ordinance and the laws of Hong Kong. If the parties fail to agree upon the choice of the arbitrator, then the choice shall be referred to the Chairman for the time being of the Hong Kong International Arbitration Centre. It shall be a condition precedent to any right of action or suit upon this Policy that an arbitration award shall be first obtained. If the Company shall disclaim liability to You for any claim and such claim shall not within twelve (12) months from the date of such disclaimer have been referred to arbitration under the provisions herein then the claim shall for all purposes be deemed to have been abandoned and shall not thereafter be recoverable hereunder.

7. SUBROGATION
   The Insured shall at the request and at the expense of the Company do and concur in doing and permit to be done all such acts and things as may be necessary or reasonably required by the Company for the purpose of enforcing any rights and remedies or of obtaining relief or indemnity from any other parties, to which the Company shall be or would become entitled or subrogated upon its paying or making good any damage under this Policy, whether such acts and things shall be or become necessary or required before or after indemnification by the Company.

8. LEGAL REQUIREMENTS WARRANTY
   The Insured shall duly comply with and observe all provisions, requirements and regulations of the Government Authorities and any other statutory obligations.

9. SALVAGE AND RECOVERIES
   The Insured shall retain full rights and control of the damaged property but undertake to maximize the salvage value by mutual agreement with appointed adjusters and/or the Company which amounts shall be applied against the amount of the total loss prior to application of Excess.

10. PAIR AND SET
    In the case of loss of or damage to any article or articles, which are a part of a set, the measure of loss of or damage to such article or articles shall be the rateable proportion of the total value of the set, and in no event shall such loss or damage be construed to mean total loss of the set.

11. DECLARATION OF "BUILDING AGE"
    The year when the Building was built should be declared by the Insured in the proposal form or in the renewal notice. If any accident, injury, loss or liability happens which may give rise to a claim and the "BUILDING AGE" was not declared, then unless the Insured can provide the information at the time when the claim was submitted or the Company was able to obtain this information from any possible source at the expense of the Insured, the highest Excess as stated in the Table of Benefits shall apply.

12. JURISDICTION CLAUSE
    The indemnity provided by this Policy shall not apply in respect of judgments which are not in the first instance delivered by or obtained from a Court of competent jurisdiction within Hong Kong nor to orders obtained in any Hong Kong Court for the enforcement of judgments made outside Hong Kong whether by way of reciprocal agreement or otherwise.

13. FORFEITURE OF BENEFITS

    All benefits under this Policy shall be forfeited:

    1. if the Insured or any person acting on his/her behalf shall obstruct the Company in the exercise of its rights;
    2. in respect of any claim made and rejected if arbitration be not commenced within twelve months after such rejection;
    3. in respect of any claim after the expiration of twelve (12) months from the happening of the loss or damage, unless such claim is the subject of pending legal action or arbitration;
    4. if any loss or damage is caused by the willful act, deliberate act or recklessness of You or Your Family or Your Domestic Helper;
    5. if any loss or damage is caused by malicious acts or vandalism committed by You or Your Family or Your Domestic Helper.

14. CLAIMS CONDITIONS

1. When an accident occurs or there is reasonable ground to believe that any occurrence is likely to give rise to a claim under this Policy, You must advise Us in writing within 14 days from the date of accident or date of discovery of the occurrence.
   
   You must, at your own expenses, furnish Us with the loss circumstances in writing, all certified information and evidence as the Company may request. All claims shall be supported with documentary proof to the satisfaction of the Company.
   
   In case of any event pertaining to fire, burglary, robbery, malicious damage, riot or strike, You must report the loss to the police, building management office and/or any other relevant authorities and Us immediately and in any event not later than 24 hours after the above loss occurrence.

   1. For property loss or physical damage claims You must:

      1. furnish Us with a certified copy of police report, loss memo or statement when loss or damage occurred;

      2. provide Us with the quantified claim together with the loss details and evaluation including any purchase invoices, official receipts or any written documentation showing precisely the date of purchase, price, model and type of items lost or damaged;

      3. not commence any repair works or dispose of any salvage of any claimed item without Our prior consent.

   2. For liability claims You must:

      1. notify Us of the possible claim in writing pertaining to the nature of loss and circumstances of the incident;

      2. furnish Us with any letter, claim, writ, summons, court documents, court orders or decree, correspondence exchanged between legal representatives, letters of demand;

      3. advise Us immediately when You have knowledge of any impending prosecution, inquest or inquiry;

      4. not to make any admission, offer or promise of payment or payment without Our written consent and the Company shall be entitled if the Company does so desire to take over and conduct in your name the defence or settlement or handling of any claim and You shall give all such information and assistance as the Company may require.

   3. For personal accident claims You must:

      1. send Us examination reports issued by any registered medical practitioner giving details on the nature, extent and/or period of injury or disability;

      2. submit the police reports where relevant and if death shall have resulted, a copy of the death certificate and the coroner's findings of the death inquest;

      3. assist Us to make a post-mortem examination of the dead body in the case of death where any reasonable doubt exists as to the cause thereof.

2. If any claim under this Policy shall be in any respect fraudulent or exaggerated or if any fraudulent means or devices shall be used by the Insured or anyone acting on the Insured's behalf to obtain benefit under this Policy, the Company shall be under no liability in respect of such claim.

3. The Company is entitled to decline any claim if there has been a breach of any terms and conditions of this Policy.

4. Incomplete claim forms will be returned to the Insured and any insufficiency of supporting information or documentation will induce delay in processing the claim.

5. The Company shall not accept liability for any claim if the required information is not received within 30 days from the issue date of any written request from the Company for such further information, and the claim is thereafter deemed to be abandoned.

6. All payments made are repayable to the Company upon demand in the event that the Insured becomes disqualified or is found not to be entitled to indemnity under this Policy due to any breach or violation of the terms and conditions of this Policy, which the Company is or may not be aware of at the time of payment.

- END OF THIS POLICY