Cyber Liability

Cyber liability insurance can protect sensitive data

Do you own a business that handles sensitive customer data, such as credit card and bank account numbers? Data breaches may pose serious threat to your financial stability. Cyber liability insurance protects start-ups, small, medium and large companies against the expenses associated with a data breach.

Cyber risk insurance can help protect your business assets by paying for court-ordered compensation, legal defense and other related expenses. This can also help rebuild and restore your customers’ faith in your company and save you from worrying about data breach-related expenses.

Some of the policies under cyber liability insurance include:

  • First-party coverage: This offers financial compensation to help address immediate customer business needs in case of your in-house IT network goes down.
  • Third-party coverage: This policy protects you from lawsuits brought on by a customer or partner for data breach.
  • Some of our other policies insure additional tools and consultation services to help your business continue operating in the event of a security breach.

We’ll take care of that

If you are looking for more information on data protection insurance, contact us right away at 231.941.0450 or send us an email at info@fordinsurance.net. Our customer-friendly team will help you with your insurance needs.

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