Office Insurance (Macau)

A comprehensive insurance policy specifically designed for SMEs in Macau

Office Insurance (Macau)

Plan Highlights

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Loss of or Damage to Office Contents Temporarily Removed from Premises
Loss of or Damage to Office Contents Temporarily Removed from Premises

Protection against loss of or damage to digital cameras, DV and other surveying equipment when temporarily removed from the premises

Loss Arising from Mechanical or Electrical Breakdown Icon
Loss Arising from Mechanical or Electrical Breakdown

Fixed computers, systems and data are protected against mechanical or electrical breakdown

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Loss Caused by Theft Icon
Loss Caused by Theft

Personal property of your employees is protected against any loss caused by theft up to HK$20,000 per year

Public Liability Cover Icon
Public Liability Cover

Up to HK$10,000,000 per event

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Coverage for Trade Samples in Transit in Macau
Coverage for Trade Samples in Transit in Macau

Up to a limit of HK$50,000

Office Notebooks Cover
Office Notebooks Cover

Optionally covered across borders

Plan details

Benefits

Benefits at a Glance Maximum Benefits Payable Per Year (HK$)
Office Contents  

Contents and Stock (Basic)

Any one item of equipment or machinery
(unless specifically mentioned)

$100,000 per item; up to the selected sum insured
Computer systems’ records $50,000
Deeds, documents, cards, tapes, files or transparencies $5,000 per item; $20,000 in aggregate
Personal effects $5,000 per employee; $20,000 per year
Works of art $10,000 per item; $100,000 in aggregate but not exceeding 10% of sum insured

Office Contents (Plus free extensions)

Contents temporarily removed from premises:

 
i) Surveying or photographic equipment $5,000 in aggregate
ii) Documents in transit within Macau $5,000 per loss
iii) Trade samples in transit within Macau $50,000 per loss
iv) All other property 10% of sum insured
Damage to office contents affected by decoration works at the premises Covered; subject to contract value not exceeding $500,000
Damage to office premises in case of theft or attempted theft Covered
Removal of debris 5% of sum insured
Fire extinguishing expenses $10,000 
Breakdown of computer equipment: $100,000 in aggregate
i) Costs of repair or replacement $100,000 in aggregate
ii) Additional expenditure incurred for the use of substitute computer equipment $50,000 in aggregate
Replacement of locks and roller shutter door $5,000 in aggregate
Loss of rent $10,000 in aggregate
Business Interruption  

Additional Expenditure

Additional expenditure such as the cost incurred for temporary premises and facilities if applicable

$750,000 per year

Loss of Gross Profit (Optional)

Loss of Gross Profit due to 

  • Reduction in takings and;
  • Increase in cost of working
Up to selected sum insured

Business Interruption (Plus free extensions) (Applicable to both items)

Professional accountants’ fees for the purpose of claim verification

10% of sum insured
Denial of access to your office premises due to damage to property in the vicinity of the premises 10% of sum insured
Money  

Loss of Money

Inside premises during business hours, in transit or in a bank night safe

$50,000
Inside premises out of business hours and in a locked safe or strongroom $20,000
Inside premises out of business hours but secured other than in a locked safe $5,000
In your residence or that of your directors, partners or employees $3,000
Crossed cheques and other non-negotiable items $500,000

Money (Plus free extensions)

Damage to safes or cases directly associated with theft or attempted theft

$30,000

Cash cheque signed under violence or threat of violence $10,000
Personal assault as a result of attempt of theft during business hours $30,000
Employees’ Compensation  

Employees’ Compensation (Optional)

Liability under the Decree Law no. 40/95/M for employees’ bodily injury or death arising out of and in the course of employment

As per Decree Law no. 40/95/M
Public Liability  

Public Liability (Optional)

Legal liability to third parties due to bodily injury and/or property damage arising from your business

$10,000,000 per event

Plus Free Extensions to Cover the Legal Liability Incurred by the Insured and Arising from: 

  • Interior decoration work performed by independent contractors at the premises (contract value up to $500,000)
  • Provision and management of canteen, social, sports and welfare activities
  • Damage to rented premises
  • Overseas visits
  • Supply of free food and drink 

This benefit table is only a summary of product features and does not constitute any part of the policy itself. Full details of the policy cover, exclusions and excess imposed for each section can be found in a copy of the Office Insurance policy. Ask your insurance advisor for details.

In the event of any discrepancy between the English and Chinese versions of any of the above details, the English version shall prevail. For details of coverage, terms, conditions, and exclusions, please refer to the policy wording.