Key Benefits
Cover for loss of or damage to stock or document in transit
Alterations and Additions
Cover for loss of crossed cheques, crossed postal orders, crossed bank drafts
We've got your needs covered
Description
Maximum Limit per occurrence (HK$)
Machinery or equipment
Maximum Limit per occurrence (HK$)
HK$200,000 per item
Portable office equipment outside your premises (within HKSAR)
Maximum Limit per occurrence (HK$)
HK$10,000/item
HK$30,000 any one period
Fixed glass/mirror
Maximum Limit per occurrence (HK$)
HK$50,000 or 10% of sum insured, whichever is lesser
Deed, document, card, tape, file or transparency
Maximum Limit per occurrence (HK$)
HK$10,000 per document or item HK$30,000 any one period
Trade sample/stock
Maximum Limit per occurrence (HK$)
HK$15,000 per item/set/pair
(HK$2,000,000 or 65% of the sum insured
against this section, whichever is lesser, per policy)
Personal effects of employees
Maximum Limit per occurrence (HK$)
HK$5,000 per employee
HK$10,000 per occurrence
Contents temporarily removed from premises
Maximum Limit per occurrence (HK$)
15% of sum insured per occurrence
Damage to Contents during office removal within HKSAR by professional removers
Maximum Limit per occurrence (HK$)
HK$100,000 any one occurrence with limit HK$20,000 per item
Removal of debris from business premises following the loss of or damage to the contents
Maximum Limit per occurrence (HK$)
HK$50,000 or 10% of sum insured per occurrence, whichever is lesser
Loss of or damage to stock or document in transit
Maximum Limit per occurrence (HK$)
HK$50,000 in aggregate for stock
HK$5,000 in aggregate for document
Loss of or damage to computer systems and records
Maximum Limit per occurrence (HK$)
HK$10,000 per item
HK$100,000 per occurrence
Cost of extinguishing fire
Maximum Limit per occurrence (HK$)
HK$50,000 per occurrence
Damage to premises caused by theft or attempted theft
Maximum Limit per occurrence (HK$)
10% of sum insured per occurrence
Stock and contents held in trust
Maximum Limit per occurrence (HK$)
HK$15,000 per item/set/pair
HK$100,000 per occurrence
Loss of or damage to works of art
Maximum Limit per occurrence (HK$)
HK$5,000 per occurrence
Alterations and Additions
Maximum Limit per occurrence (HK$)
Below HK$300,000 contract value
Accountant's fees clause - necessarily and reasonably incurred for producing information required by Liberty
Maximum Limit per occurrence (HK$)
HK$50,000/occurrence
Denial of access to or use of your office for a continuous period of more than 48 hours in consequences of the loss of or damage to the neighboring property caused by any peril insured under Section 1
Maximum Limit per occurrence (HK$)
HK$250,000/policy
Failure of public utilities for a continuous period of more than 48 hours
Maximum Limit per occurrence (HK$)
HK$250,000/policy
In transit during office hours
Maximum Limit per occurrence (HK$)
HK$50,000
At Business Premises during Office Hours
Maximum Limit per occurrence (HK$)
HK$50,000
At Business Premises out of Office Hours in a locked safe or strongroom
Maximum Limit per occurrence (HK$)
HK$50,000
At Business Premises out of Office Hours not in a locked safe or strongroom
Maximum Limit per occurrence (HK$)
HK$5,000
In transit to and from and whilst at the residence of an authorised employee
Maximum Limit per occurrence (HK$)
HK$2,500
In a bank night safe
Maximum Limit per occurrence (HK$)
HK$30,000
Loss of crossed cheques, crossed postal orders, crossed bank drafts etc
Maximum Limit per occurrence (HK$)
HK$500,000
Damage to safes by theft or attempted theft
Maximum Limit per occurrence (HK$)
HK$35,000
1 “All Risks" protection to the office contents of your business, including landlord's fixtures and fittings for which you are responsible, tenant's improvements, trade samples and stock, furniture, office equipment, employees' personal effects, etc
Within the sum insured selected by you, the company provides insurance cover subject to the following limits for any one occurrence.
Minimum Deductibles:
- 10% of each and every loss due to water damage, subject to a minimum of HK$1,000
- The first HK$1,000 of each and every other loss
- Portable office equipment outside your premises (within HKSAR): The first HK$2,500 of each and every loss
2 Increased Cost of Working
This section gives you protection for an additional cost of carrying on your business after a loss payable under "Office Contents All risks" cover for a period up to 12 months. The sum insured automatically provided is HK$1,000,000 per occurrence/any one period of insurance. Time excess is 48 consecutive hours.
3 Money and Assault
This section gives you protection against loss of Money (cash, cheques, crossed cheques, money orders etc) at Business Premises or in transit anywhere in the Hong Kong Special Administrative Region. The policy also covers loss of money in a bank night safe and damage to safes by theft or attempted theft.
Special extensions at no extra cost:
- Fidelity Guarantee
Liberty will compensate you for direct pecuniary loss arising from any act of fraud or dishonesty committed by your employees (Limit: HK$10,000 any one occurrence and in the aggregate up to HK$50,000) - Personal Assault
HK$100,000 per person, HK$1,000,000 any one period of insurance
Public Liability
Covers your legal liability in respect of compensation for third-party bodily injury and or property damage arising in connection with the business operation and occurred within the Hong Kong Special Administrative Region. The limit of liability shall include all costs and expenses recovered by any claimant from the Insured and all costs and expenses incurred by the Insured with the written consent of the Company. Maximum limit is HK$10,000,000 per occurrence and unlimited any one period of insurance and with the following extensions:
It also provides the following special extensions at no extra cost:
- Independent contractor's liability
- Overseas visits clause
- Tenant's liability clause
- Food and/or drinks poisoning clause
- First aid clause
- Welfare, social and sports club clause
Minimum Deductible:
- 10% of each and every property loss due to water damage, subject to a minimum of HK$1,000
- The first HK$1,000 of each and every other property loss
Optional Cover
Employees' Compensation covers your liability to employees in accordance with the Employees' Compensation Ordinance and Common Law, for injuries or death arising out of employment, up to HK$100 million per event and with the following special extensions at no extra cost:
- Meal and lunch time clause
- Emergency transportation clause
- Extraordinary weather conditions clause
Get in touch
If you have any questions regarding this product, don’t hesitate to reach out via our contact form.
Get in touch
If you have any questions regarding this product, don’t hesitate to reach out via our contact form.