Many cyber policies typically have a sub-limit up to a maximum of USD250k, for many policyholders this is inadequate.
Cover available
With this policy, the insured can buy-back the benefit of cybercrime cover for loss of money, securities or property caused by a bad actor who has committed:
- Fraudulent instruction
- Computer fraud
- Funds transfer fraud
- Telephone fraud
- Invoice manipulation
Key features and benefits
- Exclusive, unique product addressing gap in cyber coverage – providing clients with the option to increase coverage and gain peace of mind.
- Limits up to USD3m (will consider up to USD5m on risk-dependent basis).
- Minimum premiums:
- USD15k for USD500k limit
- USD20k for USD1m limit
- Consider FinTech (no financial institutions).
- Optional cover for funds in custody and control for additional premium.
Information required to quote
In order to get a quote, we require a completed copy of the social engineering application form.
Please get in touch with the team to request a copy or find out more.
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