Office Insurance
Why choose MSIG?
Loss 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
Fixed computers, systems and data are protected against mechanical or electrical breakdown
Loss Caused by Theft
Personal property of your employees is protected against any loss caused by theft up to HK$5,000 per person per occurrence
Public Liability Cover
Up to HK$10,000,000 per event
Eco Support Coverage
Additional cover of up to HK$5,000 per eligible loss/damaged appliance
Exhibition fairs or trade shows
Cover Contents, Sample Stock and Public Liability for participation in exhibition fairs or trade shows in Hong Kong
Cyber Liability Extension 
Up to HK$100,000 per occurrence and in aggregate
| Office Contents | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Basic cover | |
1. Equipment or machinery (unless specifically mentioned) - Limit per item | Sum Insured |
2. Computer systems’ records - Limit per item | 150,000 |
3. Deeds, documents, cards, tapes, files or transparencies - Limit per item | 50,000 |
4. Personal effects - Limit per person | $50,000 $5,000 |
5. China, porcelain, works of art or curiosity - Limit per item | 200,000 or 10% of Sum Insured, whichever is lower 10,000 |
| 6. All loss or damage | Sum Insured |
| Extra cover | |
| 1. Contents temporarily removed from premises: | |
| i) Surveying or photographic equipment | 5,000 |
ii) Documents in transit within Hong Kong - Limit per occurrence | 10,000 |
iii) Trade samples in transit within Hong Kong - Limit per occurrence | 50,000 |
| iv) All other property | 15% of Sum Insured on Contents |
| 2. Replacement of locks | 5,000 |
| 3. Replacement of roller shutter door | 20,000 |
| 4. Breakage of fixed glass | Covered |
5. Damage to office contents affected by decoration works at the premises - Contract value up to HK$1,000,000 |
Covered |
| 6. Damage to office premises in case of theft or attempted theft | Covered |
| 7. Removal of debris | 50,000 or 10% of Sum Insured on Contents, whichever is lower |
| 8. Architects’, surveyors’, consultant engineers’ fee | 5,000 |
9. Fire extinguishing expenses - Limit per occurrence |
50,000 |
10. Breakdown of computer equipment - Costs of repair or replacement - Additional expenditure incurred for the use of substitute computer equipment |
|
| 11. Loss of rent | 10,000 |
12. Eco support coverage1 - Limit per item | 10,000 5,000 or 10% of Sum Insured, |
13. Exhibition fairs or trade shows
|
100,000 |
| Optional cover | |
| Worldwide portable equipment | Sum Insured |
1 This benefit does not apply if the premises are located in a residential building.
| Business Interruption | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Basic cover | |
| Additional Expenditure such as the cost incurred for temporary premises and facilities if applicable | 1,000,000 |
| Extra cover | |
| 1. Professional accountants’ charges | 10% of Sum Insured |
| 2. Denial of access for more than 48 hours to your premises due to damage to property in the vicinity of the premises | 10% of Sum Insured |
3. Failure of public utility supply - By damage to electricity stations, water works or gas works of public | 500,000 or 10% of Sum Insured, whichever is lower |
| Optional cover | |
Loss of gross profit - Reduction in turnover - Increase in cost of working | Sum Insured |
| Money | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Basic cover | |
| 1. Loss of money |
|
i) In your premises during business hours, in transit or in a bank night safe - Limit per occurrence |
50,000 |
ii) In your premises out of business hours and in a locked safe or strongroom - Limit per occurrence |
|
iii) In your premises out of business hours but secured other than in a locked safe - Limit per occurrence | 50,000 |
iv) In your residence or that of your directors, partners or employees - Limit per occurrence |
5,000 |
2. Crossed cheques and other non-negotiable items - Limit per occurrence |
500,000 |
| Extra cover | |
1. Damage to safes or cases directly associated with theft or attempted theft - Limit per occurrence |
|
| 2. Cash cheque signed under violence or threat of violence | 10,000 |
| 3. Loss of money arising from fraudulent or dishonest act of any of your director(s), partner(s), or employee(s) | 50,000 |
| 4. Personal assault as a result of attempt of theft during business hours | Covered |
i) Accidental death, permanent disablement, or loss of a limb - Limit per person | 250,000 |
ii) Temporary disablement from usual occupation - Limit per week - Maximum no. of weeks |
300 |
| iii) Medical expenses | 1,500 |
iv) Hospital cash - Limit per week | 1,500 500 |
v) Personal effects - Limit per person per occurrence | 3,000 |
| Employees' Compensation | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Optional cover | |
| Liability under the Employees’ Compensation Ordinance for employees’ bodily injury or death arising out of and in the course of employment | As per Employees’ Compensation Ordinance |
| Public Liability | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Basic cover | |
Legal liability to third parties due to bodily injury and/or property damage arising from your business - Limit per occurrence |
|
| Extra cover | |
| Cover the legal liability incurred by the insured and arising from: | |
1. Interior decoration work performed by independent contractors at the premises - Contract value up to HK$1,000,000 | Covered |
| 2. Provision and management of canteen, social, sports and welfare activities | Covered |
| 3. Damage to rented premises | Covered |
| 4. Overseas visits | Covered |
| 5. First aid facilities/treatments | Covered |
6. Food and drink poisoning - Free supply |
|
7. Exhibition fairs or trade shows being held within any premises in Hong Kong, with a maximum period of 14 days - Limit per occurrence and in aggregate |
|
| Cyber Liability Extension | Maximum Benefits Payable Per Year (HK$) |
|---|---|
| Optional cover | |
Cyber Liability2 - Limit per occurrence and in aggregate |
100,000 |
2 This benefit is applicable to policy with premium exceeding HK$10,000.
| Excess for each and every claim (HK$) | |
|---|---|
| Office Contents | |
| Each and every loss of damage (but not apply to fire, lightning or explosion, theft involves forcible entry/exit losses) | 500 |
| Water damage | 3,000 or 10% of loss, whichever is the greater |
| Worldwide portable equipment (Optional cover) | 1,000 or 10% of loss, whichever is the greater |
| Computer breakdown | 1,000 and any additional expenditure incurred during the first 48 consecutive hours |
| Public Liability | |
| Damage to rented premises | 500 |
| Water damage | 3,000 or 10% of loss, whichever is the greater |
| Other third-party property damage | 500 |
| Cyber Liability Extension | |
| Cyber Liability | 100,000 |
