If you ask the business claims insurance experts, they’ll be frank and upfront: cyber hacking occurs all the time. Avoid the risk of becoming a hacking victim with protective commercial insurance.
Cyber Liability Insurance for the Small Business
PRIME Insurance of NJ and NY offers competitive and comprehensive cyber-crime insurance policies, designed for the small business comprised of 50 employees or less with a revenue under $10 million.
Insurance Eligibility Explained
- Small retail and professional exposures, like physicians, accountants, law firms, insurance agencies, etc.
- Excluded classes: payment processes, broker dealers, social media, adult entertainment, online gambling, banks, credit unions
Insurance Coverage Outline
- Cyber Exposures: data losses, data breaches, cyber extortion, fines and penalties, mitigation of reputational damages, legal, forensic and notification expenses, business interruption as a result of malicious malware, data reconstruction as a result of malicious malware
- Retentions are positioned at $1,000
- Limit options: $50,000 - $1 million, with annual premiums from $299 - $1,699, depending on company revenue and limit selection
- More extensive coverage than many other policies offered on the insurance marketplace
- Automatic individual identity coverage benefit for full-time company employees
- 1st party detection and prevention services incorporating self-assessment tools
- 24/7 incident-response claims and remediation services
PRIME Insurance is a three-generation family-run independent agency. We’re proud partners with many of the leading companies in the industry – big names such as ACE, ASI, ASSURANT, CHUBB, CNA, FOREMOST, Liberty Mutual, MetLife, National Insurance Underwriters, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and more. With over 10,000 satisfied customers, we benefit policyholders by reviewing current coverage, as well as by shopping our wide network to locate customized policies at competitively lowest quotes.
HAVE A PRIME DAY™!
PRIME Insurance provides all forms of nationwide coverage, including NJ travelers insurance, cheap auto insurance NJ, commercial insurance NJ, low quote commercial umbrella insurance NJ, flood insurance, NJ renters insurance, NJ homeowners insurance, NJ bonds, NJ workers comp, NJ life insurance and more. We invite you to experience the PRIME difference! Visit us on our online insurance website; email us at PRIME [at] primeins [dot] com or call us at 732-886-5751.
Summary: Cyber-crime is a risk that every small business faces. Prime Insurance presents protective Cyber Liability Insurance that additionally shrinks E&O exposure!