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Privacy Breach Coverage

Co-operators health insurance plan

An Easy Way to Protect Your Business Against Privacy Breach

Businesses that deal with sensitive user information, such as personal information, are at great risk of privacy breach. The business can run into a serious liability if such information is shared, stolen or even lost. This is why the Co-operators’ Privacy Breach Coverage is provided to help protect your business against any form of privacy breach.

The Privacy Breach Coverage is adequate for most kinds of businesses including co-operative organizations, voluntary non-profit organizations, all sizes of companies and businesses.

With the constant rise in cyber threats, privacy breach insurance is becoming increasingly important to give business owners and managers peace of mind.

Features Included in Privacy Breach Coverage

Privacy breach coverage could either be privacy breach liability coverage or privacy breach expenses coverage. The privacy breach liability coverage covers amounts the insured is considered liable for due to privacy breach in his business. The privacy breach expenses coverage covers expenses incurred while dealing with privacy breach issues.

  • The privacy breach coverage includes privacy breach liability coverage and privacy breach expense coverage.
  • The coverage amount available for privacy breach liability coverage includes $100,000, $250,000, $500,000 and $1,000,000. You can choose any of the coverage amounts.
  • The coverage amount available for privacy breach expenses coverage includes $25,000, $50,000, $100,000 and $250,000. You can choose any of the coverage amounts.
  • The privacy breach coverage is adequate for co-operatives, all sizes of businesses and companies, and voluntary non-profit organizations.
  • CyberScout, a notable name in the prevention and remediation of loss, is included in the privacy breach coverage. This feature includes crisis management, breach counseling, remediation services, media relations support, legal support, and client notification support.

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