As a small business owner who processes client information on the daily, you face the risk of potential cyber crimes. From phishing scams and malware attacks to inside data breaches and hardware or software malfunctions, unauthorized access to your stored information could be costly to repair. With more and more businesses finding ways to reach customers online—and more shoppers finding them— it’s important you have the right insurance in place to protect your business against the financial fallout of a cyber crime.
Your clients’ data is at risk every day and you need to have the necessary protection to keep all information safe. With hackers all over the world trying to steal credit card numbers and other identifying information, cybersecurity has become more important than ever.
Cyber Liability Insurance is designed to be a security net for your business information and operations. Any information that you collect from your clients–names, addresses, etc–is at risk. This is especially true if you’re taking online payments, using portable card swipers, or sending online files.
ACT’s cyber liability insurance starts at $8.25/Month or $99/Year and can cover both first- and third-party costs that your business incurs as a result of falling victim to cyber crime. First-party coverage can pay for expenses that directly result from the cyber security breach, such as the cost of restoring or replacing your data. Third-party coverage can pay for expenses that arise as a result of insurance claims against your company, like the cost of legal assistance should a disgruntled customer sue you as a result of his information being stolen.
And if you were to ever experience a cyber crime, filing a claim with ACT is easy. Unlike other providers, with our policy, you only call one number to handle your claim. Our professionals can help you deal with a claim and relieve any associated stress.
Starting at $49/Event or $24.25/Month
Data breaches exposed 36 billion records in the first half of 2020. Could you afford the costs of recovering stolen information? Get the needed policy today.
Here’s How to add Cyber Liability to your existing policy
Adding Cyber Liability Insurance to your current ACT Pro policy is easy. Follow our simple how-to video to learn how.
Aggregate Claims-Made Liability Coverages Limit of Insurance
$100,000
Privacy & Network Security
$100,000
Regulatory Fines & Penalties
$100,000
Ransom Payment
$10,000
Cyber Deception
$10,000
Deductible
$1,000
Nearly 1 in 4 businesses have experienced a cybersecurity event. When you collect or store customer or business data, you need the right coverage in place to protect you against worst-case scenarios
Starting at $49/Event Or $24.25/Month