Coverage Details
The RGS Small Business Solution
-
$250,000 or $1,000,000 cyber liability annual limit
-
$250,000 limit - annual premium $495.00
$1,000,000 limit - annual premium- $0 - $999,999 revenue - $2,360
- $1,000,000 - $4,999,999 revenue - $2,528
- $5,000,000 - $9,999,999 revenue - $4,105
- $10,000,000 - $24,999,999 revenue - $6,910
- $2,500 annual deductible
- 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
- Crisis Management and Fraud Response Expense - 24/7 breach response team:
- Preparing notification to breach parties
- Call center
- 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