Claim reporting requirement - within 60 days upon becoming aware of a suspected or actual breach
Defense & settlement or judgment related to a civil proceeding or investigation for an actual or alleged violation of any privacy regulation (PII data) brought on behalf of any federal, state, or foreign governmental agency including: (per policy terms and conditions)
Regulatory fines & penalties (including PCI) Mandatory forensic examination
PCI re-certification services to re-certify compliance with PCI Security Standards
Cyber Extortion including Ransomware - $1,000,000
Website Media - $1,000,000
Business Interruption - $1,000,000 - 8 hour waiting period applies Data Recovery Expense - $1,000,000
Design and implementation of website for advising breach parties
Credit monitoring
Public relations
Associated legal expenses
Sub-limits
Telecommunications Theft - $100,000 sub-limit
Social Engineering Fraud - $100,000 sub-limit
E - Theft - $100,000 sub-limit
Acceptance provided a
business fits within the program guidelines and is not aware of
an existing breach or has suffered a breach in the past five years
Easy enrollment - only requires a signed acknowledgement form attesting to eligibility under program guidelines.
This is a brief coverage summary, not a legal contract. The actual policy wordings should be reviewed for specific terms, conditions, limitations, and exclusions that will govern in the event of loss.
For additional information, please contact 1-888-747-8220 Ext. 805