What:
Hong Kong Broadband has partnered with AXA to launch complimentary home insurance bundled with fiber broadband service, network security, and a smart home kit to offer a comprehensive home protection solution.
Why:
According to AXA’s claim figures, 45% of the most common home insurance claims are related to water damage (leaks, typhoons, rainstorms, etc.), which are not covered by fire insurance or insurance provided by the property. But only around 40% of survey respondents had purchased insurance for their homes.
How:
- The “All-in-one Home Kit” combines fiber broadband, home network security solution, smart home solutions, and home insurance to give customers comprehensive network security and home property protection.
- HKBN’s network security solution provides enterprise-level security, parental controls, and online personal identity protection to customers; while its smart home solutions allow customers to easily add additional motion sensors, smart door cameras, and other IoT devices, offering customers a convenient way to manage and protect their virtual and physical properties.
- The complimentary home insurance under this cooperation offers eligible customers up to HKD500,000 annual coverage of their home contents and up to HKD10 million annual third-party liability coverage to protect their residence.
- Customers who sign up or renew designated home broadband services can enjoy up to 24-month complimentary home insurance.