Client Policy

Cyber Liability Coverage

Cover financial losses resulting from data breaches or cyber events.

Cyber liability insurance is a type of coverage designed to protect companies from financial losses resulting from data breaches or cyber events.
Cyber liability insurance

Policies

Cyber Liability Coverage

Cyber liability insurance is a type of insurance that covers financial losses resulting from data breaches or cyber events.

What Is Cyber Liability Insurance?

Cyber liability insurance can apply to both first-party and third-party protections in the event of a digital attack or compromise. The first-party coverage includes business interruption, breach notification, credit monitoring and identity theft protection. Third-party coverage includes legal defense costs, regulatory fines, regulatory investigations and class action lawsuits.

The following are some examples of situations where cyber liability insurance may be needed:

A network intrusion resulting in financial losses due to theft of customer data (e.g., credit card information).

A breach exposing customer information such as Social Security numbers and health records.

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