Myth: I do not need a stand-alone Cyber Liability policy, I have an endorsement to my BOP policy. Fact: Not all policies and endorsements are created equal.

Cyber Liability and Data Breach coverage endorsements provided in many BOP/Package policies or other ancillary coverage such as E&O, may not provide adequate limits or important coverage such as: Cyber Extortion, Social Engineering, Multimedia Content Liability, Funds Transfer Fraud, Digital Asset Restoration, Computer Replacement, Pollution, 1st and 3rd Party Bodily Injury/Property Damage, Business Interruption & Extra Expense, Service Fraud, PCI Fine & Penalties coverage, Crisis Management, Reputation Repair, Reputation Harm Loss, Criminal Reward, Court Attendance Costs, or coverage for alleged violations of the EU General Data Protection Regulation. 

For a review of your cyber liability needs, contact the Bobinski Insurance Agency.