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Cyber Liability Insurance


Cyber Liability Insurance Information

What is cyber liability insurance?

Cyber/Data Breach coverage provides protection for your clients personally identifiable information. This includes social security numbers, credit card information, confidential medical data & banking information. It also provides coverage for restoration of your own firm’s critical business records. And now coverage is included for Cyber Crime and Social Engineering Fraud up to the policy limits!

What are the benefits of cyber liability insurance?

More than one-third of businesses experience a data breach each year. If a similar event happened at your business, would you be able to pay for the resulting damages?

Many cyber liability policies cover a variety of expenses associated with a cyberattack:

  • Confidentiality and Privacy Breach Liability

  • Regulatory Proceedings, Fines and Penalties Liability

  • Network Security Liability

  • Multimedia Liability

  • Data Breach Response Expenses

  • Electronic Data Restoration Expense

  • Business Income Loss

  • Cyber Crime

  • Cyber Extortion

A general liability policy often excludes losses incurred because of the Internet. A cyber liability policy can fill in that gap. It may be the difference between closing your business and making a comeback.

Get started today!

Download SafeLaw Cyber Application  - Email back to us at Info@L2ins.com or fax back to (616) 940-1196

Can you afford not to get coverage for these critical business threats? Annual premiums start as low as $310 for $100,000 of coverage and require minimal paperwork.

Sample Rates:

Policy Limit Options

Deductible Options

Base Premium

Policy Fee

Filing Fee

Surplus Lines Tax

Total Premium

$100,000

Standard

Match LPL

$250

$25

$25

$8

$308

$250,000

Standard

Match LPL

$375

$25

$25

$11

$436

$500,000

Standard

Match LPL

$500

$25

$25

$14

$564

*Rating Basis: 1 Attorney(s), $100,000.00 Revenue

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