Online Micro-Business Policy
(OMBP)

Eligibility

Exporting company with an annual turnover of less than HK$20 million

Scope of cover

Post-shipment cover

Risk covered

Insolvency
Payment default


Indemnity ratio

90%

Buyer(s) insured

Self-selected buyer(s) cover

Largest credit limit

HK$ 500,000

Validity of credit limit

90 days

Largest maximum liability

HK$ 2,500,000

Premium

Charge on credit limit

Non-qualifying loss

No† applicable

Premium discount

15% off

Free credit check

10 buyers

Small Business Policy
(SBP)

Eligibility

Exporting company with an annual turnover of less than HK$50 million

Scope of cover

Post-shipment cover
(optional: pre-shipment cover)

Risk covered

Insolvency
Payment default
Failure or refusal to take delivery of goods
Country risks

Indemnity ratio

Self-selected 60%, 70%, 80%, or 90%

Buyer(s) insured

Whole insurable turnover

Largest credit limit

HK$ 5,000,000

Validity of credit limit

Not applicable

Largest maximum liability

HK$ 5,000,000

Premium

Charge on shipment declared

Non-qualifying loss

HK$ 50,000 or HK$ 100,000 (optional)

Premium discount

20% off

Free credit check

30 buyers

Self-Underwritten Policy
(SUP)

Eligibility

Exporting company with an annual turnover of less than HK$50 million

Scope of cover

Post-shipment cover

Risk covered

Insolvency
Payment default


Indemnity ratio

Self-selected 50%, 60%, 70% or 80%

Buyer(s) insured

Self-selected buyer(s) cover

Largest credit limit

HK$ 3,000,000
(self-underwritten limit up to HK$ 800,000)

Validity of credit limit

Not applicable

Largest maximum liability

HK$ 3,000,000 (self-selected)

Premium

Charge on maximum liability

Non-qualifying loss

HK$ 50,000 or HK$ 100,000 (optional)

Premium discount

Not applicable

Free credit check

30 buyers

Risk covered

Insolvency
Payment default