Cyber Liability Insurance

Once a System is Compromised There is No Turning Back



Why Buy Cyber Liability Insurance

Costs can mount up quickly including the cost of notifying your customers that their information is at risk. Proper notification can range to over $200 per customer. If you have 400 customers, that is $80,000 in notification costs alone.

Cyber Liability Insurance Maximus Insurance

It's a Crude world

An individual half way across the globe can cause your business to be severly interupted or even go bankrupt. However, with proper coverage, you can protect your business and give your customers confidence, by taking stepts to properly protect their information.

Cyber Liability Insurance Maximus Insurance

Product Highlights

  • Limits available: %500,000 and $1,000,000
  • Retentions range: $5,000 to $25,000 (scaledbased on revenues)
  • Full limit to breach notification costs
  • Full limit to computer forensiccs
  • Duty to defend policy
  • Coverage for breach of contract forms, including those under a payment card processing or service provider agreement
  • Insureds in the medical or healthcare fields are covered on our special healthcare privacy form, with wording taken directly from HIPPAA HITECH to help ensure coverage triggers properly
  • Coverage for regulatory actions, including investigations by the FTC or state attorneys general, as well as coverage for civil penalties (where allowed) and compensatory awards such as consumer redress funds
  • $25,000 of PCI fines coverage included at no additional premium
  • Ability to add complementary coverages such as: multimedia library, hacker damage, cyber business interruption or cyber extortion

Cyber Liability Insurance