Cyber Liability 

As business increasingly moves online every business needs to consider Cyber Liability in this day and age. Cyber Liability policies aren't universal and come in many varieties. It can be added as an endorsement to a General Liability or Business Owners Policy, built into a Professional Liability policy, or even be purchased as a stand alone policy.

Cyber Liability can cover a wide range of electronic data related risks, which are usually broken down into First Party, e.g. you suffer a data breach, and Third Party coverage, e.g. a customer/client sues as a result of a data-breach. Below are some examples:

First Party​

  • Data Breach Response

  • Business Interruption

  • Loss or Damage to Electronic Data 

  • Cyber Extortion/Ransomware

  • Loss of Income & Extra Expense

  • Fund Transfer & Computer Fraud

Third Party

  • Network Security Liability

  • Privacy Liability

  • Regulatory Defense & Penalties

  • Media Liability

  • Errors & Omissions

  • Payment Cards Industry Fines

Cyber Liability coverage is diverse and usually built to match the average needs of the industry the insured business is a part of. For example, an IT consultant may carry technology errors and omissions featuring network security and privacy liability; or a retail store may add an endorsement to a Business Owners Policy featuring data breach response coverages, regulatory defense and penalties, and payment card industry fines and assessments in case customer credit card information is stolen.

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6003 Veterans Parkway

Suite 216

Columbus, GA 31909


Tel: 706-660-5969

Fax: 706-660-5979


Monday - Friday 

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Saturday & After Hours

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Chastain & Welch Agency LLC - Columbus Georgia

Note that all coverage summaries are generic, based on general industry standards, and informational only. They in no way create, extend, reduce, or otherwise modify coverage provided by any insurance policy. Please refer to your policy documents and any endorsements to determine coverage limits, conditions, exclusions and any other applicable provisions.

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