Key Benefits

Office Protect comes with 4 Sections:

1. Contents All Risks Protection
2. Business Interruption Protection
3. Money Protection
4. Public Liability Protection

In addition, there is also an optional cover for Employees’ Compensation Insurance if you wish to have your legal liability as an employer covered under the same policy

Summary of Cover

Section 1 - Office Contents 'All Risks' Protection

This All Risks Section offers protection to the office contents at your premises, including your property and property for which you are responsible, all replaced as new.

The FREE extensions that come with Section 1 include:

Section 1 Extensions
Accidental breakage of fixed glass in the office	FREE
Loss or damage of temporarily removed office contents from the office	FREE
Loss or damage to personal effects of employees	FREE
Removal of debris following an accident resulting in loss or damage to office contents	FREE
Loss or damage of documents in transit in Hong Kong	FREE
Loss or damage to office contents whilst the office is under alteration or repair, provided that the value of each Contract does not exceed HK$500,000	FREE
Loss or damage to office contents whilst the office is under alteration or repair, provided that the value of each Contract does not exceed HK$500,000	FREE
Costs incurred by professional architects, surveyors or other such professionals for the reinstatement of your office upon loss or damage	FREE
Costs of fire extinguishment	FREE
Costs of compiling records for claims verification	FREE

Section 2 - Business Interruption Protection

This Section gives you free protection for increase in cost of working for up to twelve months resulting from loss or damage to your office contents. The maximum limit here is HK$500,000 for an indemnity period of 12 months.

FREE Extensions for this Section include:

Section 2 Extensions
Costs of professional accountants for claims verification	FREE
Increase in cost of carrying on your business resulted from being denied access to your business premises	FREE
Increase in cost of carrying on your business necessitated by the failure of public utilities	FREE

Section 3 - Money Protection

This section protects you against the loss of money for free.

This gives you FREE protection for:

Section 3 Extensions
Loss of Money in transit between the office and any bank or post office	FREE
On the premises during business hours	FREE
On the premises out of business hours in a locked safe or strongroom	FREE
On the premises out of business hours not in a locked safe or strongroom	FREE
In a bank night safe	FREE
Loss of crossed cheques and/or postal orders, crossed money orders and crossed bankers drafts	FREE
Damage to safes and strongrooms caused by theft	FREE
Loss due to fraud or dishonesty by your Employee	FREE
Compensate you and your employees following accidental death, loss of both limbs, loss of sight of both eyes, permanent total disability to attend any occupation because of robbery or hold up	FREE

Section 4 - Public Liability Protection

This gives you free cover for your legal liability in respect of compensation for third party bodily injury and/or property damage arising in connection with your business. The limit of liability provided is HK$10,000,000.

More Free Extensions for this Section:

Section 4 Extensions
Legal liability of directors, partners and employees of your company arising from occasional visits outside Hong Kong	FREE
Legal liability as tenant for damage caused to the office premises	FREE
Legal liability caused by alteration of your office premises provided that the contract value of such alteration does not exceed HK$500,000	FREE
Legal liability arising whilst undertaking activities on behalf of welfare social and/or sporting clubs	FREE
Legal liability of you and any member of your contracted first aid organization	FREE

Section 5 (Optional Cover) - Employees' Compensation

This covers employers' liability to employees in accordance with the Employees' Compensation Ordinance and Common Law up to HK$100,000,000 per accident, for injuries or death of your employees arising out of and in the course of employment.

Exclusions

General exclusions:

• Deductible as specified


• Loss or damage due to war, invasion, riot or civic commotion


• Loss or damage due to confiscation, requisition or destruction of the government authority


• Loss or damage due to or contributed by nuclear weapons material, radiation, contamination by radioactivity


• Consequential loss or damage of any kind except as provided under Section 2 of this policy


• Judgment from outside the jurisdiction of Hong Kong SAR