Public Liability
Insurance Coverage:
To indemnify the Insured against all sums which the Insured shall
become legally liable to pay as damages consequent upon accidental for:
a. Bodily Injury to third party
b. Loss of or damage to third party’s property
c. Legal expenses necessarily incurred in (a) and (b)
with written consent of the Insurer arising out of their Business and all other activities incidental thereto in which the Insured may become legally liable during the period of insurance.
Main Exclusions:
Damage to property belonging/ under the control to the Insured
Product liability
Contractual liability
Employment liability
Profession liability
Deliberate act or omission of the Insured
Property in custody & control
Any legal liability of whatsoever nature directly or indirectly caused by War, Pollution, Radioactivity, Asbestos, contamination, Terrorism, Invasion
Product liability
Insurance Coverage:
The insurer would reimburse All sums which the Insured becomes legally liable to pay as compensation in respect of
a) accidental bodily injury to or illness of any person,
b) accidental loss of or damage to the property
caused by any goods sold, supplied, repaired, altered, treated or serviced by the Insured in connection with the business carried on by the Insured and occurring during the period of insurance and within the geographical limit stated below and happening or caused as described below;
c) All costs and expenses of litigation recovered by any claimant against the Insured with the written consent of the UIC
Product Recall
Insurance Coverage:
The insurer would reimburse all sums which the insured incurs because of product withdraw/recall if the product withdraw/recall is commenced during the Period of Insurance and within the territorial limit to which the insurance policy applies.
The insurer would pay all sums which the Insured shall become legally liable to pay as the damage for Product Withdraw/Recall Expenses incurred by a Product Withdraw/Recall.
Main Exclusions:
This insurance does not apply to “product with-drawal expenses” arising out of:
a. Breach Of Warranty And Failure To Conform To Intended Purpose
b. Infringement Of Copyright, Patent, Trade Secret, Trade Dress Or Trademark
c. Deterioration, Decomposition Or Chemical Transformation
d. Goodwill, Market Share, Revenue, Profit Or Redesign
e. Expiration Of Shelf Life
f. Known Defect
g. Governmental Ban
h. Defense Of Claim
i. Third Party Damages, Fines And Penalties
j. Expenses related War, Pollution, Radioactivity, Asbestos, contamination, Terrorism, Invasion
Commercial General Liability
Insurance Coverage:
General Liability insurance, also known as Public and Product Liability insurance, helps to protect your business in the event a claim for compensation is brought against you for injury or damage arising out of the course of your business. This could include:
1. Personal injury: covers for medical costs and damages that result from an injury or illness caused by your business.
2. Property damage: covers for physical loss, destruction or damage to tangible property caused by your business.
3. Personal and advertising injury: covers many non-physical injuries, including stolen ideas, invasion of privacy, defamation, misleading advertising or unfair competition arising out of your business.
4. Products and completed operations liability: kicks in if your company’s products or completed services cause bodily injury or property damage.
Commercial General liability insurance covers the costs of litigation in the event damages are filed against your business. These costs may include; attorney expenses, the insurance company’s investigation, any settlements in respect to the damages..
Main Exclusions:
Damage to property belonging/ under the control to the Insured
Product recall liability
Contractual liability
Employment liability
Profession liability
Deliberate act or omission of the Insured
Property in custody & control
Any legal liability of whatsoever nature directly or indirectly caused by War, Pollution, Radioactivity, Asbestos, contamination, Terrorism, Invasion
Please refer to the Standard wordings of this product here: Standard Wordings_Commercial general liablity ins
For the Tariff of this product, it will be calculated based on the current regulations and the agreement among relevant parties. For more details, please contact UIC’s hotline.
Professional Indemnity Insurance
Even if you’re an expert in your business, mistakes happen. And if your client or customer thinks a mistake in your professional services caused a financial loss, they can sue you. Professional liability insurance helps cover you and your company if you make a mistake in your professional services. This coverage is also known as errors and omissions insurance (E&O) or in some countries as professional indemnity (PI) insurance
| Insurance Coverage:
The insurer would indemnify the Insured against any Claim for civil
liability which is made against the Insured during the period of
insurance stated in the Schedule for actual or alleged breach of
professional duty in the profession; or for any libel, slander, or
defamation by reason of words written or spoken by the Insured or
any employee of the Insured; or for breach of trust; or for any actual
or alleged plagiarism or infringement of copyright, trademark, or
registered design or patent, provided always that such breach or
UW MANUAL 2022 – APPENDIX 13 3
infringement is unintentional, by reason of any act, error or omission
committed by the Insured in the conduct of the Insured’s profession; and Defense costs and expenses. |
Main Exclusions:
Prior Reported or Known Circumstances
Fines and Penalties
Refund of Professional Fees and Trading Debts
Dishonest or Wilful Acts
To avoid confusion, professional indemnity insurers exclude claims that should be covered under separate policies. As a result, you will find exclusions for Directors and Officers Liability, Employment Liability (including Workers’ Compensation), Products Liability and Pollution Liability. |
Directors and Officers Liability and Company Reimbursement Insurance (DNO)O
Company managers can be held legally responsible for mistakes made in the performance of their work.
D&O insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties. As such, D&O insurance has become a regular part of companies risk management.
Policies cover the personal liability of company directors but also the reimbursement of the insured company in case it has paid the claim of a third party on behalf of its managers in order to protect them.
Insurance Coverage: Directors and Officers’ Liability
The insurer would pay on behalf of each Insured Person(s) all Loss for
which each Insured Person(s) may not be indemnified by the Insured
Organization and which such Insured Person(s) becomes legally
obligated to pay on account of any Claim first made against him/her
individually or otherwise during the Period of Insurance for a Wrongful
Act. For the purposes of this policy, the Company will not be liable to
pay where to do so would be prohibited by law. Company Reimbursement
The insurer would pay on behalf of the Insured Organization all Loss
for which the Insured Organization may grant indemnification to any
Insured Person(s) as permitted by law, which such Insured Person(s)
has become legally obligated to pay on account of any Claim first made
against him/her individually or otherwise during the Period of Insurance for a Wrongful Act. For the purposes of this policy,
indemnification will be deemed to be granted unless prohibited by
law. | 
Main Exclusions:Contractual liabilities
Known liabilities
Prior or pending litigation or notice
Dishonesty
Misuse of company funds
Personal profit
These include pollution claims, war and radioactivity claims, workmen compensation, criminal activity, bankruptcy, theft of intellectual property, and any violation of the statute, rule of law. Please refer to Standard wordings of this product here: Standard Wordings_Directors and officicer liability and company reimbursement ins For Tariff of this product, it will be caluculated based on current regulations and the agreement among parties. For more details, please contact UIC’s hotline. |
Covers Golfers' Liability
Covers Golfers’ liability, as well as their physical damage to Golf Equipment and Personal Items.
Please refer to the Standard wording of this product here: Golfer’s liability insurance
For the Tariff of this product, it will be calculated based on the current regulations and the agreement among relevant parties. For more details, please contact UIC’s hotline.
Insurance Coverage:1. Public liability
The Company will indemnify the Insured against all sums which the Insured shall become legally liable to pay in respect of
1. Accidental bodily injury or death to any person
2. Accidental damage to property caused by the Insured’s negligence whilst playing or practising on any Golf Course or Driving Range. Provided always that the liability of the Company for compensation payable in respect of any one accident or series of accidents occurring in connection with or arising out of one event shall not exceed the amount specified in the Schedule as the Limit of Indemnity any one accident.
2. GOLFING EQUIPMENT
The Company will indemnify the Insured against any accidental physical loss or damage to Insured’s golfing equipment (golf clubs, golf bags and golf trolleys) within the Territorial Limits as stated in the Schedule of the Policy.
The Company may at its own option repair reinstate or replace such loss or damage or pay in cash the amount of the loss or damage.
3. PERSONAL EFFECTS
The Company will indemnify the Insured up to an amount not exceeding that specified in the Schedule as the Sum Insured against loss or damage by Fire or Theft or attempted theft of Personal Effects whilst in or about any Golf Club House or Caddie Master’s Hut or Professional’s Shop at any Golf Course or Driving Range.
The Company may at its own option repair reinstate or replace such loss or damage or pay in cash the amount of the loss or damage.
4. PERSONAL ACCIDENT
If the Insured shall sustain bodily injury caused by violent, accidental, external and visible means whilst on any Golf Course or Driving Range the Company will pay to the Insured or to his legal personal representatives the compensation herein specified provided such injury shall solely and independently of any other cause result in | 
Main Exclusions: Part 1:
(1) Death or bodily injury to any person being a member of the Insured’s family or household or at the time of sustaining such death or injury engaged in and upon the Insured’s service (a person casually engaged by the Insured solely for his/her services as a caddie excepted)
(2) Damage to property belonging to or in the Insured’s charge or control or any member of the Insured’s family or household or in the charge of or under the control of any person in the Insured’s service but this exclusion shall not apply to the buggy rented by Insured and whilst used in the Golf Course.
Part 2: The Company shall not be liable for loss or damage
(1) caused by or resulting from wear and tear or depreciation
(2) personal effects (indemnify under Section III)
(3)loss or theft of property. left unattended in a public place (other than at any Golf Course or Driving Range) or as a result of the Insured Person’s failure to take due care and precautions for the safeguard and security of such property except when such property is in the service of third party primarily for the purpose of safekeeping storage and deposit
(4) loss by Theft not consequence upon actual forcible and violent entry into or exit from a securely locked vehicle.
Part 3: The Company shall not be liable for loss or damage
(1) of cash, cash cards, credit cards, banknotes, securities, bonds, stamps or documents of any kind
(2) of watches, jewelleries, accessories of any kinds spectacles , contact lenses, dentures
(3) of camera, tape recorder, portable telephones or any electronic equipment and the like
(4) caused by or resulting from wear and tear, denting or scratching, moth or vermin, depreciation
(5) for the first USD 30.00 of each and every claim each Insured Person.
Part 4: The Company shall not be liable to pay any compensation or benefit under this Policy in respect of death or bodily injury or disablement consequent upon or resulting from:-
1. intentional self injury, wilful exposure to needless peril or the Insured committing or attempting to commit suicide;
2. the Insured being under the influence of intoxicants including alcohol or drugs unless taken in accordance with the prescription of a registered medical practitioner.
3. the Insured being in a state of insanity
4. childbirth or pregnancy of the Insured;
5. illness or disease (not resulting from accidental bodily injury);
6. any naturally occurring condition or degenerative process;
7. any gradually operating cause;
8. or is contributed to by or attributable to HIV (Human Immunodeficiency Virus) and/or any HIV related illness include AIDS (Acquired Immune Deficiency Syndrome) and/or any mutant derivative or variations thereof however caused. |
Fidelity Insurance
Our policy protects your business from financial losses in the event of a breach of trust by an employee.
Please refer to the Standard wording of this product here: Wording-Fidelity Guarantee Insurance
For the Tariff of this product, it will be calculated based on the current regulations and the agreement among relevant parties. For more details, please contact UIC’s hotline.
Insurance Coverage: Loss of money or goods belonging to Insured or for which they are legally responsible arising solely and directly from a deliberate act or acts of fraud or dishonesty committed by any of the Employees with the clear intention of making and which result in improper financial gain for themselves or any other person or organization and which: 1. Occur during the continuance of this Policy and during the uninterrupted service with the Insured and;
2. Are discovered
a. During the continuance of this Policy, or
b. Within 6 months of (or 12 months?)
i. ermination of the Policy, or
ii. the Employee ceasing to be covered by the Policy whichever shall happen first. | 
Main Exclusions: 1. Consequential Loss
Loss of interest, loss of profit or any kind of consequential loss
2. Unexplained Shortages
Any loss dependent solely upon an inventory computation or a profit and loss computation and unexplained shortages..
3. Territorial Limits
Any loss arising elsewhere than in the Territorial limits as described in the Schedule.. |
Freight Forwarder Liablity
The Insurer agrees to indemnify the Insured for all amounts which the Insured (Includes Carrier’s liability and/or Warehouseman’s liability) shall become legally liable to pay consequent upon accidental physical loss of or damage to the Property of others which occurs within the Geographical Limit stated in the Policy during the Period of Insurance.
| Insurance Coverage
The insurer would indemnify in respect of your legal liability for all direct, physical and accidental loss of or damage to property in your care, custody or control:
Whilst on vehicles in the ordinary course of transit
Whilst kept in storage in the warehouse operated by the Insured
During loading and unloading at warehouses, customers’ premises or others as specified in the policy |
Main Exclusions:
The indemnity expressed in this Policy will not apply to the Insured’s liability for loss, damage or destruction to:
Property of the Insured or any servant or agent of the Insured whilst in the course of his/her duties as such,
Bullion, cash, jewellery, precious stones, precious metals, accounts, bills, and other valuable documents,
Arising from the wilful illegal sale of or the wilful conversion and/or wilful or wrongful secretion of property by the Insured, the Insured’s employees and/or any person, |
