1. First-Party Incident Response
Reimburses costs to immediately contain a cyber attack. Covers specialized incident response retainers ($400โ$650/hr), mandatory breach counsel, consumer notifications across 50 US states, credit monitoring, and crisis PR.
2. Business Interruption & Outages
Replaces net operating profit and ongoing operational payroll lost when systems, POS, or SaaS applications are paralyzed by ransomware, cloud outages, or denial of service attacks past an 8-hour waiting deductible.
3. Cyber Extortion & Ransomware
Funds professional threat actor negotiators, sanctions screening (OFAC compliance check), and reimbursement for extortion demands when data recovery fails. Also covers reconstruction of corrupted databases.
4. Third-Party Liability & Tech E&O
Protects your balance sheet if customers or partners sue your company for breach of contract, missed SLAs, data exposure, or regulatory penalties under GDPR, CCPA, HIPAA, and SEC disclosure regulations.
Sub-Limits, Deductibles, and Policy Exclusions
What is often NOT covered in standard policies without specialized endorsements.
Common Exclusions to Watch For:
- Nation-State & Cyber Warfare Exclusions: Following Lloyd's Market Association (LMA) mandates, attacks attributed to state-sponsored actors may require specific war endorsement carve-backs.
- Unencrypted Portable Devices: Claims arising from unencrypted lost laptops or USB drives are frequently excluded.
- Prior Known Acts / Unpatched Zero-Days: Known vulnerabilities publicly disclosed prior to policy inception for which patches were unapplied past 30 days.
- Voluntary Funds Transfer Fraud: Requires an explicit Social Engineering & Computer Crime endorsement.
Estimate Custom Policy Pricing
Calculate your personalized premium rates, select policy limits, and compare deductible tiers.