Tailor-made coverage for Contractors and Principals
Covers material damage of the contract work and liability to third-party
Optional add-on for employees' compensation coverage available

Interior Decoration Protector - Building a Safe Environment for Decoration Work

Interior Decoration Protector is an insurance that is tailor-made coverage for either Contractor or Principal who wants to have protection on renovation, remodeling, or improvement work. The insurance covers material damage of the contract work and liability to third-party during the contract period. The Employees' Compensation Insurance is optional insurance for the Insured to have for the employees' injury or death arising from the accident that occur during the contract work.

Professional Fees Extension

Covers the cost and expenses necessarily to the professional bodies with maximum limit of 5% of Contract Sum or HK$100,000 in aggregate

Cover for Vibration, Removal or Weakening of Support

Indemnifies the Insured's liability subject to HK$2,000,000 any one accident/in aggregate

Optional Material Damage and Employees' Compensation Coverage

Covers the loss of or damage to the contract works and materials, and indemnifies the Insured against the legal liability at law to the employees for bodily injury or death

We've got your needs covered

Summary of Coverage

Section I - Material Damage (Optional)
This section covers the loss of or damage to the contract works and materials caused by fire, water damage and other unforeseen accident during the contract period.

Free Extension

Professional Fees
Covers the costs and expenses necessarily to the professional bodies with maximum limit of 5% of Contract Sum or HK$100,000 in aggregate.
Removal of Debris
Indemnifies the Insured on the costs and expenses necessarily after an insured incident with up to 5% of Contract Sum per accident and in aggregate.

Section II - Third-Party Liability
This section indemnifies the Insured against the liability to third-party property damage and/or bodily injury arising out of contract works due to the negligence of the Insured.

Free Extension

Cover for Principal’s Property
Indemnifies the Insured’s liability in respect of loss and damage to building, property of the Principal due to contract work being performed subject to a sub-limit of HK$2,000,000 in aggregate.
Cover for Vibration or Removal or Weakening of Support
Indemnifies the Insured’s liability in respect of collapse of any building, property or structure or any part thereof or any damage which impairs the structural stability of any building, property or structure or which endangers its users caused by or resulting from vibration or removal or weakening of support subject to HK$2,000,000 any one accident/in aggregate.

Section III - Employees' Compensation (Optional)
This section indemnifies the Insured against the legal liability at law (including Common Law) to the employees for bodily injury or death arising out of or in the course of employment under Employees’ Compensation Ordinance subject to an amount of HK$200 million per event.

Excess
(as low as being shown in this table)

Contract Sum	Material Damage	Material Damage - Water Damage

Section I - Material Damage (Optional)

Contract Sum	Material Damage	Material Damage - Water Damage
Contract Sum	Material Damage	Material Damage - Water Damage
Up to HK$100,000	HK$10,000	HK$10,000 or 20% of adjusted loss, whichever is greater
HK$100,001 to HK$300,000	HK$15,000	HK$15,000 or 20% of adjusted loss, whichever is greater
HK$300,001 to HK$500,000	HK$20,000	HK$20,000 or 20% of adjusted loss, whichever is greater
HK$500,001 to HK$700,000	HK$25,000	HK$25,000 or 20% of adjusted loss, whichever is greater
HK$700,001 to HK$1,000,000	HK$30,000	HK$30,000 or 20% of adjusted loss, whichever is greater

Limit of Indemnity Any One Accident	Third-party Property Damage	Third-party Bodily Injury	Third-party Property Water Damage

Section II - Third-party Liability

Limit of Indemnity Any One Accident	Third-party Property Damage	Third-party Bodily Injury	Third-party Property Water Damage
Limit of Indemnity Any One Accident	Third-party Property Damage	Third-party Bodily Injury	Third-party Property Water Damage
HK$5,000,000	HK$10,000	HK$10,000	HK$10,000 or 20% of adjusted loss, whichever is greater
HK$10,000,000	HK$15,000	HK$15,000	HK$15,000 or 20% of adjusted loss, whichever is greater
HK$15,000,000	HK$20,000	HK$20,000	HK$20,000 or 20% of adjusted loss, whichever is greater
HK$20,000,000	HK$25,000	HK$25,000	HK$25,000 or 20% of adjusted loss, whichever is greater
HK$25,000,000	HK$30,000	HK$30,000	HK$30,000 or 20% of adjusted loss, whichever is greater
HK$30,000,000	HK$35,000	HK$35,000	HK$35,000 or 20% of adjusted loss, whichever is greater

Extension

A7: Principal's Property Damage	A1: Vibration or Removal or Weakening

A7: Principal's Property Damage

A7: Principal's Property Damage	A1: Vibration or Removal or Weakening
A7: Principal's Property Damage	A1: Vibration or Removal or Weakening
HK$20,000 or 20% of adjusted loss, whichever is the greater	HK$20,000 or 20% of adjusted loss, whichever is the greater

Premium Table (HK$)

Contractor without Use of Scaffolding (as low as being shown in this table)

Contract Sum	Up to HK$100,000		HK$100,001 - HK$300,000		HK$300,001 - HK$500,000		HK$500,001 - HK$700,000		HK$700,001 - HK$1,000,000
Benefits Selected: Public Liability (Third-party Liability)	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II
HK$5,000,000	1,200	900	1,500	1,100	1,800	1,200	2,100	1,500	2,800	1,800
HK$10,000,000	1,700	1,400	1,900	1,500	2,200	1,600	2,600	2,000	3,500	2,500
HK$15,000,000	1,900	1,600	2,200	1,800	2,600	2,000	2,900	2,300	4,000	3,000
HK$20,000,000	2,100	1,800	2,400	2,000	2,800	2,200	3,300	2,700	4,400	3,400
Optional EC Cover	1,500	1,500	1,800	1,800	2,800	2,800	4,000	4,000	6,000	6,000

Contractor with Use of Scaffolding - Scaffolding work not exceeding 25% of total contract work (as low as being shown in this table)

Contract Sum	Up to HK$100,000		HK$100,001 - HK$300,000		HK$300,001 - HK$500,000		HK$500,001 - HK$700,000		HK$700,001 - HK$1,000,000
Benefits Selected: Public Liability (Third-party Liability)	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II	Section I & II	Section II
HK$5,000,000	1,500	1,200	1,800	1,400	2,000	1,500	2,400	1,800	3,100	2,100
HK$10,000,000	2,000	1,700	2,200	1,800	2,400	1,900	2,900	2,300	3,800	2,800
HK$15,000,000	2,200	1,900	2,500	2,100	2,800	2,300	3,200	2,600	4,300	3,300
HK$20,000,000	2,400	2,100	2,700	2,300	3,000	2,500	3,600	3,000	4,700	3,700
Optional EC Cover	2,500	2,500	2,800	2,800	4,000	4,000	6,000	6,000	8,000	8,000

The above premiums include both Employee Compensation Insurance (“EC”) levy and levy on insurance premium collected by the Insurance Authority (“IA”). EC levy is required if you elect the Section of Optional Employee Compensation Insurance. Levy collected by the Insurance Authority (if any) has been imposed on this Policy at the application rate and would be remitted in accordance with the prescribed arrangements. For further information, please visit https://www.libertyinsurance.com.hk/premium-levy. If you do not pay the overdue levy timely, the Insurance Authority (“IA”) may, according to the law, impose on the policyholder a penalty and may recover the outstanding levy as a civil debt due to the IA.

The Company shall have the right to alter the Table of Premium and the terms and conditions of this Policy from time to time without notice.

Important Information

Major Exclusions

Any fault, defect, error or omission in or failure of any design, plan or specification
Any defect in material or workmanship except resulting from an accident
Loss of use, liquated damages, penalties, performance guarantees or other consequential loss
Contract works for whole building and construction site. Any works involving demolition, excavation and civil engineering will not be covered
Liability arising out of or in connection with installation and/or demolition of scaffolding works
Liability to self-employed persons or sole proprietor
Liability to property belonging to or in the care, custody or control of the insured

Important Notes

Building must be Class One construction type
Public entities such as hotels, building lobby, hospitals, cinemas, etc. will need to be individually assessed
The policy is non-renewal and is on an individual contract basis
Premium is non-refundable once effective
The product is primarily for interior decoration. Any external works such as neon sign, exterior signboard, cage, claddings, building’s public and common area will need to be individually assessed
Scope of work must be submitted to Liberty International Insurance Limited for review before commencement of the contract work