By the amended section 28 of the Building Management Ordinance (Cap.344), all owners’ corporations must procure and keep in force in relation to the common parts of the building and the property of the corporations a Third Party Risks Insurance policy. The limit of Indemnity in minimum shall in no case be less than HK$10 million per event. Min Xin’s Building Owners’ Incorporation Third Party Liability does help alleviate the financial burden of owners’ corporations and owners in cases of accidents happened in their responsible common parts of the building, which causes injury or death of the third party & damage to third party property.

Being the premise owner / business operator, you are very often facing potential liability risks as arising therefrom. Min Xin’s Public Liability policy provides the protection for liability under Common Law and Statute Law, against any sum that you are legally liable to pay for third party bodily injury as well as damage to third party property.