Purchasing a cyber insurance policy is often a complicated process for many, as the types of cyber insurance policies and coverages vary greatly by insurance carrier.
As leading experts in cyber insurance, Cyber Data Risk Managers knows a good policy when we see one and not only did purchasing a cyber insurance policy get easier, the coverages offered by this brand new EXCLUSIVE product can help your Company respond 24/7 to its data breach or cyber attack with one phone call to the 24-Hour breach response team.
This EXCLUSIVE Cyber Insurance policy offers the following types of coverage:
- Privacy Liability (Including Employee Privacy)
- Privacy Regulatory Claims Coverage
- Security breach Response Coverage
- Security liability
- Multimedia Liability
- Cyber Extortion
- Cyber Terrorism
- Business Income and Digital Asset Restoration
- PCI DSS Assessment
How is this policy better than other options in the marketplace?
As with any insurance policy, what sets this EXCLUSIVE cyber insurance coverage apart lies in the definitions and exclusions in the policy. This exclusive cyber insurance policy offers broader definitions of critical terms such as Privacy Breach, Computer System, and Media Content. These definitions, along with the absence of some industry-standard exclusions and a drastically streamlined application process, make this policy more comprehensive and easier to access than the typical cyber insurance policy available from traditional sources.
How much does this cyber insurance policy cost?
This exclusive cyber insurance policy premiums are “not one size fits all”, as premiums are based upon your Company’s industry, annual revenue, network security and data backup procedures.
Here are some ballpark premiums of what your Company may expect to pay:
Industry: Healthcare
Annual revenue: $25M
Coverage amount: $1M
Annual premium: $12,000
Industry: Education,
Annual revenue: $25M
Coverage amount: $1M
Annual premium: $6,000
Industry: Financial Institution
Annual revenue: $100M,
Coverage amount: $1M
Annual premium: $37,000
Industry: Retail
Annual revenue: $50M
Coverage amount: $1M
Annual premium: $26,000
Industry: E-commerce
Annual revenue: $50M
Coverage amount: $1M
Annual premium: $37,000
Industry: Restaurant
Annual revenue: $25M
Coverage amount: $1M
Annual premium: $10,000
Industry: Manufacturing
Annual revenue: $100M
Coverage amount: $10M
Annual premium: $50,000
Please complete your Company’s information below to receive your Cyber Insurance quote. For assistance or questions, please call us at (855) CUT-RISK.
[123-contact-form i1135533]