Home | Business Insurance | Commercial Insurance | Cyber Liability

Cyber Liability

Most companies mistakenly assume their existing insurance policies will provide coverage in the case of a data breach. However, due to dedicated limits, these policies generally aren’t enough to cover the full exposure.

But there is an easier answer; one that can provide the comprehensive coverage your company needs to address the full breadth of risks associated with doing business in the 21st century. It’s called Cyber Liability Insurance.

Here’s how it works:

  • Cyber Liability Insurance combines 3rd Party Liability Insurance with 1st Party Cybercrime Expense Coverages.
  • It also covers direct loss, legal liability, and consequential loss resulting from cyber security breaches.
  • Many policies can also provide you with a complete online network security risk assessment, resulting in a comprehensive report of your company’s exposures.

The bottom line is that when it comes to a data breach, it’s no longer a matter of “if” it will happen, but “when.” As a result, having a Cyber Liability Insurance policy in place is more than just a wise investment. It’s business critical.

Interested in Learning More About This Coverage?

Complete this form and return to Walsh Duffield so we can provide you with coverage options and pricing. 

Cyber Security Best Practices

Source: Succeed Management Solutions

News  |  Home  |  Locations  |  Contact Us  |  Industry Links Trusted Choice
Powered by QuantumCMS
Web design and CMS by Algonquin Studios.