Cyber Cover
Designed for businesses using technology or involved in the storage and use of data. This standalone policy covers damage to hardware and protects against the ever-growing threat of digital attacks including cyber crime.
Why choose NIG for Cyber Cover?
- Instant documentation – emailed immediately and stored on TheHub.
- New schedule format – much easier to understand and limits shown clearly.
- Statement of Fact basis – no need for proposal form.
- Minimum Cyber premiums from £92 + IPT.
- Variable Excesses and Indemnity periods available.
- Expert Regional Underwriters.
- Dedicated Claims Account Managers.
What's covered
This is a summary of the cover available. Please refer to your policy wording for full terms and conditions.
| Cover | Maximum limits |
|---|---|
| Costs for locating and removing a computer virus from your computer system | £50,000 |
| Investigation costs for possible repair, replacement or restoration | £50,000 |
| Loss prevention measures | £50,000 |
| Temporary and fast-tracked repair, replacement or restoration | £100,000 |
| Court attendance extension | Included |
| Contractual fines and penalties | £25,000 |
| Costs to withdraw data from the internet | £10,000 |
| Security audit costs | £10,000 |
| Standard covers | Standard limits | Maximum limits |
|---|---|---|
| Cyber crime | £25,000 | £100,000 |
| Cyber liability | £25,000 | £1,000,000 |
| Data-breach expense | £25,000 | £1,000,000 |
| Optional covers | Standard limits | Maximum limits |
|---|---|---|
| Data corruption and extra cost | £25,000 | £1,000,000 |
| Cyber event – loss of business income | £25,000 | £1,000,000 |
| Hardware | Maximum sum insured £5,000,000 |
Benefits
Additional benefits in the event of a claim or suspected incident
- Access to IT forensic experts
- Data recovery assistance
- Legal advice
- In the event of a data breach:
- PR / Crisis management
- Customer notifications
- Credit monitoring / Identity theft recovery and advice
- Call centre services
- Secure data storage / backup
Documents
The following policy documents apply to policies incepted on or after 2 September 2024 or renewal dates on or after 2 September 2024.
