What’s in store for you
Types of Cyber Insurance
More About Cyber Insurance
Some of the key features of a Cyber Insurance policy are:
Cyber Security Insurance offers several benefits by providing coverage for theft of funds, identity theft, malware removal/data restoration, hardware replacement, cyberbullying, cyberstalking, reputation damage, online shopping risks, social media liability, network security liability, and third-party privacy breach and data breach liability. It also provides:
Extensive coverage for everyday cyber risks.
Protects all your devices.
No deductibles apply to any coverage.
Option to expand coverage to include family members for an additional premium.
Covers up to 4 family members residing with you.
Frequently Asked Questions
Cyber Insurance is a policy that protects individuals or businesses from financial losses incurred due to cyber threats and attacks. It typically covers expenses related to data breaches, ransomware, identity theft, legal costs, and loss of income due to cyber incidents. Cyber Insurance aims to mitigate risks associated with online activities and data security breaches.
Cyber Insurance coverage is essential for individuals and businesses that store sensitive information online, conduct financial transactions, or rely on digital operations. It's particularly crucial for organisations handling customer data, financial records, or intellectual property, as they face significant risks from cyber-attacks, data breaches, and online fraud.
Cyber Incident Insurance, also known as Cyber Liability Insurance, is a specialised type of insurance coverage designed to protect businesses and individuals from risks associated with internet-based activities and information technology infrastructures. If a third party sues your business due to a cybersecurity incident, the coverage can pay for legal fees, settlements, and court judgments.