What is covered?
Data Compromise Endorsement covers reimbursement of expenses after a “personal data compromise” including:
- Legal Review
- Forensic IT Review
- Notification letters
- Public Relations – media and reputation management
- Named Malware Regulatory and PCI Fines and Penalties
- 3rd Party Defense and Liability (including Named Malware)
The coverage also includes services to affected individuals:
- Help line/call center
- Credit report
- Credit monitoring
- Identity restoration case management
Why do I need it?
Data Compromise coverage is easily added onto your existing policy, and your agent might not need additional information to see if you qualify. Premiums are typically low, so you will have access to up to $50,000 in coverage, plus many added services that help not only your business, but affected individuals.
Including Data Compromise coverage in your comprehensive insurance policy is one of many ways Selective can help you find the unique coverage you need.
Find a local independent insurance agent to see how Selective can provide your business with Data Compromise coverage tailored to your needs. Don’t forget to ask about Selective’s value-added services like PaySync® and Recall Alerts.
For more information on the types of business insurance solutions Selective Insurance offers, visit Insurance Coverages for Your Business