MobileShield HK$100 InstaRedeem Offer

MobileShield HK$100 InstaRedeem Offer

Exclusive for DBS Credit Cardholders

Apply for MobileShield and pay the annual premium to enjoy HK$100 InstaRedeem discount on your new phone!

To enjoy the offer above, customers must participate in “Selected DBS Credit Card Limited Instalment Offer for Samsung Galaxy S20 Ultra”.

Apply Now

By clicking the “Apply now” button, you will be leaving our website to access Chubb’s website where their terms of use and privacy policies will apply to you. Please ensure that you understand Chubb’s product features and terms before purchasing.

The promotional offers are subject to Terms and Conditions


Features and Benefits

Key Benefits HKD 88 /Month
HKD 972 /Year

Damage of Mobile Phone

  • Cover accidental damage to your mobile phone
  • Deductible of HKD450 for each and every repair
  • Deductible of HKD900 for each and every replacement
(Up to 3 events per year*)

Burglary or Robbery of Mobile Phone

  • One-for-one replacement in the event your mobile phone is burglary or robbery
  • Deductible of HKD900 for replacement is applicable
(Up to 1 events per year*)

Unauthorised Use of Mobile Phone due to Burglary or Robbery

  • Up to 24 hours cover for unauthorised network charges incurred as a result of burglary or robbery

Cover for Mobile Phone Accessories

  • Cover of mobile phone accessories due to event of damage, burglary or robbery at the same time as your mobile phone

DBS Digibank E-Wallet Protection

  • Cover unauthorised transactions made using your DBS Digibank / iWealth® app account

Cash Out Robbery Cover

  • Reimbursement of withdrawn cash due to cash out robbery

Important Document Cover

  • Replacement cost of important documents

*Up to three (3) events of either Damage, and/or Burglary or Robbery of Mobile Phone in any single twelve (12) month period (applicable for Monthly Policy or Annual Policy), where only:

  1. one (1) event of Burglary or Robbery is covered; and
  2. one (1) Replacement is allowed.


Important notes

  1. The above insurance plans are underwritten by Chubb Insurance Hong Kong Limited ("Chubb"). Chubb reserves the right of final approval. DBS Bank (Hong Kong) Limited ("the Bank", which expression includes its successors and assigns) is an insurance agent authorised by Chubb.
  2. In the event of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank will enter into a Financial Dispute Resolution Scheme process with the customer; however any disputes over the contractual terms of the product should be resolved directly between Chubb and the customer.
  3. The above information are intended to be highlights of the plan only. You should not rely on the above information alone to make decision on applying for the plan. For the plan’s details, terms and conditions and exclusions, please refer to the relevant policy.
  4. The Bank will receive commissions and incentives from Chubb as remuneration for marketing Chubb’s products.

Under the “Insurance Ordinance”(Cap. 41), the Insurance Authority (IA) will start to collect the levy on insurance premiums from policyholders through insurance companies from 1 January 2018. For more details, please refer to IA’s official website:

Useful Link

Reminder: To borrow or not to borrow? Borrow only if you can repay!