Online Micro-Business Policy
(OMBP)
Eligibility
Exporting company with an annual turnover of less than HK$30 million
Scope of cover
Post-shipment cover
Risk covered
Insolvency
Payment default
Indemnity ratio
90%
Buyer(s) insured
Self-selected buyer(s) cover
Largest credit limit
HK$ 800,000
Validity of credit limit
120 days
Largest maximum liability
HK$ 3,000,000
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
10 buyers
Risk covered
Insolvency
Payment default