CYBER LIABILITY INSURANCE COVERAGE
The impact of a cyber breach can cost businesses millions of dollars in recovery and reputational damage that’s hard to come back from.
The consequences can be devastating, leading to sufficient economic losses and business closure. When it comes to business insurance, cyber liability insurance coverage should be a top priority, along with commercial property insurance, commercial vehicle insurance, and professional liability insurance.
As technology becomes increasingly important for successful business operations, the value of a strong cyber liability insurance policy will only continue to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses. In our digital age, protecting yourself from cyber liability is an important part of risk management.
Save on your cyber insurance with the help of our brokers
Protect the Intellectual Property of Your Business
A traditional business liability policy is extremely unlikely to protect against most cyber exposures.
Standard commercial policies are written to insure against injury or physical loss and will do little, if anything, to shield you from electronic damages and the associated costs they may incur.
Exposures are vast, ranging from the content you put on your website to stored customer data.
Awareness of the potential cyber liabilities your company faces is essential to managing risk through proper coverage. At Alpine Insurance, our cyber liability insurance brokers understand the digital landscape we work in and what coverage you need in place to protect you from financial and legal liability, Possible exposures covered by a typical cyber liability insurance policy may include:
Why Alpine Insurance?
When you choose Alpine, you’re choosing a team of practiced, accredited, and ethical insurance brokers in Alberta.
As no two businesses are the same, we take the time to understand what you need in terms of coverage and security. There are many complexities and details in a cyber liability insurance policy. We take the time to answer your questions and help you understand what your policy entails for a truly personalized experience.
With a large network of cyber liability insurance providers, we can find the right coverage at the best price for what you need. Alpine Insurance is Alberta’s leading insurance brokers that have your best interest at heart and are on your team to protect your livelihood.
The Right Coverage at the Best Rate
Different insurance providers may offer different coverages but generally, cyber insurance policies cover the costs of security failures and the immediate costs associated with a cyberattack, including:
The level of coverage your business needs is based on your individual operations and can vary depending on your range of exposure. It is important to work with a broker who can identify your areas of risk so a policy can be tailored to fit your situation.
As reliance on technology continues to increase, so do new exposures and risks.
And as your business grows, make sure your cyber liability insurance coverage grows with it. At Alpine Insurance, our coverage experts are here to help you analyze your needs and make the right decisions to protect your operations.
Whether you’re new to cyber liability insurance or you’re looking for better deals and coverage, request a quote or call the branch closest to your location. We will work with you to build a risk management plan that will give you peace of mind in a digital world that’s vulnerable to cyber attacks.