Cyber Insurance
Cyber Insurance

Cyber Security Insurance

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//About Cyber Insurance

What is Cyber Insurance?

Cybersecurity insurance also known as cyber insurance or cyber liability insurance is a contract that an organization can purchase to help decrease the financial risks related to online business.The insured can get cyber coverage by paying monthly, quarterly, half-yearly and yearly premiums to the insurance company.

However, cybersecurity insurance has its origins in errors and omissions insurance which is a separate kind of insurance plan that provides coverage against any faults & defects in the services an organization provides. Some cyber insurance policies offer different E&O coverage and many insurance companies offer these plans separately to avoid any kind of confusion regarding coverage.

Features and Benefits of Cyber Insurance

Here’s the list of features and benefits of the Cyber Insurance policy;

  • Protection against cyber threats and cyber crimes
  • Financial cost coverage
  • Safeguards big and small organizations from crippling down due to the damage caused by a cyber-attack
  • Ensures cyber safety and security
  • Easy online purchase facility

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