Cyber
Corporate Cyber Insurance safeguards businesses against digital risks, including data breaches, cyberattacks, and online fraud.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Enhance Your Business's Cyber Resilience
Corporate Cyber Insurance from ₹500/month
Definition
Corporate Cyber Insurance is designed to protect businesses from the financial impacts of cyber threats like data breaches, hacking, and online fraud. It covers expenses related to incident response, data restoration, legal defense and more, helping businesses recover quickly and maintain operational continuity.
How does it work?
Corporate Cyber Insurance operates by offering financial coverage for losses due to cyber incidents. Businesses pay a premium and, in the event of a cyberattack or data breach, can claim compensation for covered expenses. The policy helps manage the costs of incident response, legal fees and potential damages, essential in a landscape of growing digital vulnerabilities.
What’s Covered
Cyberattacks andHacking coverage for damages and recovery costs due to unauthorized access or hacking.
Phishing andOnline Fraud protection against losses from phishing schemes and online financial fraud.
Employee Erroror Misconduct covers incidents resulting from internal human errors or intentional misconduct.Client DataTheft protection for liability and expenses due to the theft of client data.
Software andHardware Damage covers costs to repair or replace damaged software or hardware.
What’s Not Covered
Known Vulnerabilities exclusions for incidents arising from known security weaknesses that were not addressed.
Intentional Acts by Insured deliberate actions by the business or its employees leading to cyber incidents.
War and Terrorism cyber incidents resulting from acts of war or terrorism are typically excluded.
Bodily Injury/Property Damage physical injuries or property damage related to cyber incidents.Contractual Liabilities arising from contractual obligations not covered under standard policy terms.
POLICYERA BENEFITS
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