What Does Cyber Insurance Cover?
Cyber insurance can cover selected response costs and liability claims after a covered incident, but coverage depends on the policy’s specific grants and limits.
FTC guidance lists examples including forensic investigation, customer notice, data recovery, interruption, extortion, and liability defense.
Read the quote’s insuring agreements and definitions to see which events trigger each section, whether vendors’ systems count, and whether coverage is claims-made or event-based. Compare each limit, sublimit, retention, waiting period, consent requirement, and exclusion. The attached AIG specimen is an illustration only; it is not a substitute for the issued policy.
