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Cyber Liability Insurance
Cyberattacks and scams are becoming increasingly prevalent. The financial toll these attacks can have on a small business is potentially devastating and can even put you out of business. With cyber liability coverage from Midwest Heritage, you can give your business the protection it needs to recover should an attack occur.
Cyber liability insurance protects your business from the high cost of dealing with online threats, such as data breaches and malicious software attacks. It can help pay for:
There are two types of cyber liability coverage: first-party coverage and third-party coverage. First-party cyber liability insurance covers the expenses that may arise following a data breach or other cybersecurity attacks on your business’s network or systems. Third-party cyber liability insurance provides coverage for businesses that are responsible for a client’s online security, including protecting clients from cyberattacks and data breaches.
We quote with our 15+ partner carriers to find you the best coverage and rate for your business. Our clients see an average of 11% reduction on their annual insurance expense.
We offer versatile and robust solutions to assist both owner-operator organizations and those with hundreds of employees.
Our team of professionals bring you both experience and expertise in a variety of industries.
Cyber liability insurance is a type of insurance that helps protect businesses against losses or damages that may result from cyber attacks, data breaches, or other related incidents. It can cover costs associated with legal fees, notification and credit monitoring services, and even loss of income due to system downtime.
Any business that stores sensitive customer data, such as credit card information or personal identifiable information, should consider cyber liability insurance. This includes small businesses, medium-sized companies, and even large corporations. Cyber threats are becoming increasingly common, and the costs associated with data breaches can be devastating for businesses of any size.
Cyber liability insurance can cover a variety of expenses related to a cyber attack or data breach. This can include costs associated with data recovery, notification and credit monitoring services, public relations and crisis management, legal fees, and even loss of income due to system downtime. The specific coverage and limits will vary depending on the policy and the needs of the business.
Legal Disclosures and Information
Products offered by Midwest Heritage Insurance Services are not insured by the FDIC or any other Federal Government Agency, are not a deposit or obligation of, or guaranteed by Midwest Heritage, may involve investment risks, including possible loss of principal amount invested, and may lose value.
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