Contract For Car Accident Payment Template for Hong Kong

1. Insurance Company Provisions: Required when an insurance company is involved in the settlement process

2. Third Party Claims: Needed when there are potential claims from third parties affected by the accident

3. Installment Payment Structure: Include when payments are to be made in installments rather than a lump sum

4. Medical Expenses: Required when the settlement includes ongoing or future medical expenses

5. Property Damage Details: Detailed when significant property damage is part of the settlement

6. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction

7. Non-admission of Liability: Include when the paying party wishes to settle without admitting fault

1. Schedule 1 - Accident Report: Detailed accident report including police reports, photographs, and witness statements

2. Schedule 2 - Damage Assessment: Detailed assessment of all damages, including vehicle damage reports and repair estimates

3. Schedule 3 - Payment Schedule: If applicable, detailed breakdown of installment payments including dates and amounts

4. Schedule 4 - Medical Reports: If applicable, medical reports and assessments related to injuries from the accident

5. Appendix A - Supporting Documents: Copies of relevant supporting documents including insurance policies, driver's licenses, and vehicle registration

6. Appendix B - Photographs: Photographic evidence of the accident scene and damages