Outpatient Medical Insurance Plan






Insured Items and Coverage
Limit of Indemnity (HKD)
Plan A
Plan B
Section I : Office Contents Protection1
The maximum sum insured of the protections below (per policy year) are listed on the right. 500,000 per policy year 1,000,000 per policy year
Office furniture, fixtures and fittings, electrical appliances, interior decorations, computers and related accessories
500,000 per claim(100,000/item) 1,000,000 per claim(100,000/item)
Office stock and samples of general merchandise (excluding high-value goods, such as mobile phones, electronic goods, video, audio and photographic equipment, precious metals & gems, jewelry & watches, fur, edible bird nest, ginseng, etc.)
50,000 per claim(2,000/item) 100,000 per claim(2,000/item)
Damage to premises due to theft or attempted theft
50,000 per claim 100,000 per claim
Personal belongings and valuables of directors, partners or employees
10,000 per claim (5,000/person)
Computer systems' records, material cost and clerical labour costs for reproducing such records
100,000 per claim (10,000/item)
Any one document, map, deed, tape, file, model, etc (coverage includes material, labour and time costs expended in writing up or reproducing the lost or damaged items)
25,000 per claim (3,000/item)
Precious items (used for business purpose)
20,000 per claim (5,000/item)
Office contents that have been temporarily removed from the office for cleaning, renovation, repair or similar purpose
100,000 per claim
Removal of debris
100,000 per claim
Fire extinguishing cost incurred on the premises
50,000 per claim
Repair of broken glass doors and windows
5,000 per claim
Fees for architects, surveyors and consulting engineers
5,000 per claim
Limit for other articles other than the above
10,000 per item
1 Excess at HKD500 for each claim in Section I (except for water damage)
Excess for each claim due to water damage in Section I :
1) HKD3,000 or 10% of loss (whichever is higher) for offices located on ground floor or below
2) HKD3,000 for offices located above ground floor
Section II : Business Interruption Protection
1. Business operation interruption by fire, typhoon, theft or accident, and extra costs incurred to reinstate normal business operations.
2. Business interruption that causes extra costs for the business operation include :
-
  		denial of access to place of business caused by accident2
-
  		the failure of public utilities for more than 48 consecutive hours2
2 The first consecutive 48 hours are not covered
500,000 per policy year 1,000,000 per policy year
3. Accountants' fee incurred in dealing with claims
50,000 per claim
Section III : Money Protection
1. Accidental loss of crossed cheques, crossed money or postal orders, crossed bankers' drafts and credit card sales vouchers
300,000 per claim
2. Loss of money (excluding the above item):
-
 		 Loss of money in the office during office hours
-
 		 Loss of money during transit or in a bank night safe
-
 		 Loss of money kept in a locked safe after office hours
-
 		 Loss of money which is not kept in a locked safe after office hours
-
 
 		 Loss of money kept by company directors, partners or authorised employee at the office or in transit
 

50,000 per claim


50,000 per claim
 

50,000 per claim
 

5,000 per claim
 

2,500 per claim
 
3. Replacement of damaged safe
50,000 per claim
Section IV : Personal Accident Protection
Death or permanent total disablement of the company's directors, partners or employees caused by theft or attempted theft during office hours 200,000 per claim (100,000/person)
Section V : Public Liability Protection
Employers' and employees' legal liability for third party accidental injury or property loss caused by negligence, including :
Public liability protection for company directors, partners and employees when travelling overseas for business
Legal liability for visitors or employees suffering from food poisoning when the meal is provided by the employer
Tenant's liability for damage of rented premises
Public liability for injury to person or damage to property due to alteration of the Premises or renovation (only applies to contracts with a value not exceeding HKD500,000)
5,000,000 per policy year 10,000,000 per policy year
Rider : Employees' Compensation Protection (Optional)
Employees' Compensation Protection which covers the employer's liability under the Employees' Compensation Ordinance to provide comprehensive accident protection for employees including :
Clerical and sales employees, office assistants and/or private car drivers in Hong Kong (excluding delivery workers, truck drivers and other non-clerical employees)
Clerical and sales employees who are required to travel overseas on business trips
100,000,000 per event

Summary of the Main Exclusions of this Plan :
(1) Loss or damage caused by
- wear, tear, vermin, insects or any gradually operating cause
- electrical or mechanical breakdown
- breakage of china or fragile objects (unless due to fire or theft)
- stock shortages only revealed at stock taking
- war risks, radioactive contamination or sonic bangs
- consequential loss (except as provided for in this policy)

(2) Loss of money
- any loss arising from fraud or dishonesty of the insured or any directors, partners or employees
- from an unattended vehicle
- in transit by post
- given to someone other than an employee of the insured
- due to clerical or accounting error

(3) Liability due to
- faulty or inferior workmanship
- libel or slander
- remedial, professional or other advice or treatment

(4) Employees' Compensation
- non-clerical employees who work at construction sites
- truck drivers and delivery workers
- the Insured's liability to employees of contractors to the Insured
- all bodily injury losses to self-employed persons or sole proprietors

Notes:
1. The above is intended as a summary of information only. Please refer to the English version of the policy for the exact terms and conditions and exclusions.
2. The Hang Seng Office Protection Plan is underwritten by Hang Seng Insurance Company Limited which is authorised and regulated by the Commissioner of Insurance of the HKSAR. Hang Seng Bank Limited is an insurance agent authorised by Hang Seng Insurance Company Limited.