SOX

Negotiable / Piece(s)

Min. Order 1 Piece(s)

prudential

SOX

Price: Negotiable / Piece(s)
Min. Order: 1 Piece(s)
Stock: 0
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prudential

Location:: ,Korea
Main Category:: Business Services
Main Products:: N/A

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Product Description



	Features
	Advantages
	Premium
	Remarks
	Product FAQ

PRUchoice SOX (Small Office Xtra) is a comprehensive insurance programme that has been tailor-made to the needs of the medium to small sized business in Hong Kong. With its full-range of "Alll risks" Protection of PRUchoice SOX (Small Office Xtra), you can concentrate on your business with peace of mind.

Features

Full Protection at a Glance

1. Office Contents
	Maximum limits/year (HK$)
"All Risks" cover for the cost of repair or replacement of the office contents including tenant's decoration, landlord's fixture and fitting on a "New for Old" basis.	Sum Insured
- office equipment or appliance such as computers	200,000/item
- computer system record or document	5,000/system document or record up to 10% of the Sum Insured/year
- sample or trade stock *	10,000/item up to 10% of the Sum Insured/year
- work of art	10,000/set up to 10% of the Sum Insured/year
- personal effects belonging to employer or employees	3,000/person
* Except loss of or damage to sample or trade stock by theft not accompanied by violence or threat of violence to persons or forcible and violent entry to or exit from the premises.
Free Extensions
Fixed Glass Accidental breakage of fixed glass in the office.	HK$20,000 per year
Temporary Removal Office contents (other than sample or trade stock) temporarily removed from office but remaining in other premises for cleaning, renovation, repairing or other similar purposes in Hong Kong.	10% of the Sum Insured 200,000/item
Documents in Transit Loss of document in transit anywhere in Hong Kong.	5,000
Cost of Removal of Debris Cost of removing debris following an insured accident where damage to office contents results.	10% of the Sum Insured
Cost of Recharging Fire Extinguishing Equipment Cost of recharging fire extinguishing equipment after fire or explosion.	5,000
Damage to Office Premises by Burglars Damaged due to burglary or attempted burglary, we will indemnify you the cost of replacement or repair.	5,000
Excess for each and every loss: HK$1,000.

2. Business Interruption
	Maximum limit/year (HK$)
Necessary additional expenditures incurred after an accident insured under Section I so as to restore normal conduct of business (eg. renting) for a period up to 6 months from the date of the accident. We also provide you coverage in the event that your business operation in the office is affected as a result of denial of access for more than 48 consecutive hours due to an emergency or damage to neighbouring property.	500,000
Free Extensions
Professional Accountant Charges This section is extended to cover professional accountant charges incurred for verification of a claim.	50,000

3.Money Protection
Indemnity is provided in respect of	Maximum limit/year (HK$)
- loss of crossed cheque	300,000
- loss of money in transit within Hong Kong	30,000
- loss of money in the office during business hours	30,000
- loss of money in the office after business hours whilst it is secured in a locked safe or strongroom	30,000
- loss of money in the office after business hours whilst it is NOT secured in a locked safe or strongroom.	3,000
Free Extensions
Damage to the Safe Damage caused by theft	30,000

4. Personal Accident
	Maximum limit/year (HK$)
Death or permanent disablement of you or your employee(s) resulting from malicious attack by any person robbing, stealing or attempting to steal.	100,000/person

5. Public Liability
We protect you against legal liability in respect of third party bodily injury and/or property damage arising out of	Maximum limit/year (HK$)
- the insured business in Hong Kong - providing first aid service by your employees - overseas business visits	5,000,000
Besides, you will be protected against
- legal liability as tenant for damage to the office premises - legal liability arising from the provision of food/drinks by the staff canteen or pantry of your office	1,000,000
The amount of maximum limits of this section is HK$5,000,000 per year. Excess for loss of third party property damage is HK$1,000.

6. Employees' Compensation (Optional)

We provide coverage to you in accordance with the Employees' Compensation Ordinance and Common Law, up to HK$100,000,000 per event, for injuries or death of your employees arising out of and in the course of the employment.

Advantages

1.A comprehensive protection plan for office.
2.Providing a number of free extensions under the Section of Office Contents.
3.We protect you against legal liability arising from the provision of food/drinks by the staff canteen or pantry of your office.

Premium

Subject to individual underwriting, premium calculation is based on the Sum Insured.

The minimum premium per Policy is HK$1,250. Employees' Compensation Insurance Levy is required if you effect the Section of Employees' Compensation.

Remarks

The insured Office is solely occupied by the Insured or his/her Company as an office and no processing and/or manufacturing of any kind is carried out within the Office.

Product FAQ

Q: What is the protection for Office Contents under PRUchoice SOX?
A: PRUchoice SOX provides "All Risks" cover for the cost of repair or replacement of office contents including tenant's decoration, landlord's fixture and fitting on a "New for Old" basis, up to the sum insured.

Q: If the Insured's business operation in the office is interrupted due to damage to neighbouring property, can he/she get any protection from PRUchoice SOX?
A: Under the Business Interruption Section, if the Insured's office is affected as a result of denial of access for more than 48 consecutive hours due to an emergency or damage to neighbouring property, the Insured can get a cover up to HK$500,000 per year.

Q: If there is legal liability arising from the provision of free food/drinks by the staff canteen or pantry of the insured's office, does PRUchoice SOX provide the coverage?
A: Yes, the above situation is protected under Public Liability Section of PRUchoice SOX with maximum annual limits of HK$1,000,0000.

prudential

Company Introduction

Academic Achievements Bachelor and Master Degree in Economics Professional Qualifications FCCA AHKSA United States Life Insurance Institute Fellow Member Work Experience Trained with KPMG Peat Marwick UK 15 years financial controllership in international corporations and regional office Specialized in accounting, personal income tax and trust management. Expert consultant in insurance financial planning