Cyber Liability Insurance
Why doesn't my general liability cover cyber liability? General liability policies are built to cover bodily injury and property damage — not data breaches, ransomware, or other digital risks. That's what a dedicated cyber liability policy is for.
What Does Cyber Insurance Cover?
Cyber insurance can help cover the costs of responding to a breach, notifying affected customers, restoring systems, and defending against resulting lawsuits.
What to Look For as a Cyber Insurance Buyer
- What are the deductibles?
- Is it a stand-alone policy or an extension of another policy?
- Does it include first-party and third-party coverage?
- Does it cover targeted attacks as well as any attack?
- Does it cover non-malicious employee actions (overlap with E&O)?
- Does it include social engineering coverage?
- Does it cover advanced persistent threats (APTs) over an extended time frame?