Those who rely on you to protect their business interests also trust you to protect their personal information. When sensitive data is exposed, your reputation is on the line.
Offered as an optional coverage either as part of the Spectrum Business Owner's Policy, the General Liability Choice® policy, our Data Privacy -- Network Security Liability Insurance, or as a separate Cyber Choice 2.09, our data breach coverage provides you with access to professionals who can help you comply with regulatory requirements, provide guidance on how to help prevent a data breach and handle a breach crisis if one occurs. Response expense coverage can help to quickly restore confidence in your business or practice through notification to impacted individuals and can help pay for good faith advertising expenses, for example. In most states, coverage is also available for defense and liability expenses in the event you're sued because of a breach.
Peace of Mind Protection
Our coverage can help absorb some of the costs associated with a breach including notification, public relations, legal and liability expenses.
Respond With Confidence
We provide access to professional assistance when a breach crisis occurs — helping you comply with applicable laws and regulations to avoid civil litigation and other penalties.
You have access to a breach preparedness website for easy-to-understand prevention and response guidelines you and your staff can use every day — not just when you have a claim.
10 Tips to Safeguard Laptop Data
Sited from http://www.thehartford.com/data-breach-insurance/
Professionals that operate their own businesses need professional liability insurance in addition to an in-home business or businessowners policy. This protects them against financial losses from lawsuits filed against them by their clients.
Professionals are expected to have extensive technical knowledge or training in their particular area of expertise. They are also expected to perform the services for which they were hired, according to the standards of conduct in their profession. If they fail to use the degree of skill expected of them, they can be held responsible in a court of law for any harm they cause to another person or business. When liability is limited to acts of negligence, professional liability insurance may be called "errors and omissions" liability.
Professional liability insurance is a specialty coverage. Professional liability coverage is not provided under homeowners endorsements, in-home business policies or businessowners policies (BOPs).