PracticeProtection is pleased to offer cyber liability insurance coverage to each healthcare practice insured with PracticeProtection. The PracticeProtection Cyber Liability Coverage protects practices for the cost of an actual or suspected violation of a privacy regulation due to a security breach that results in the unauthorized release of protected personal identifiable information which is any private, non-public information of any kind in the businesses care, custody or control.
The PracticeProtection Cyber Liability Program is available to PracticeProtection insureds in all 50 states and the District of Columbia. The master policy is underwritten by an A.M. Best A- (Excellent) rated insurance company and includes access to a 24/7 breach response team.
Aggregate Limit of Liability: Limit options of $100,000, $250,000 and $1,000,000
Retention: $1,000
Coverage form: Admitted, claims made policy form
Coverages for claims against insured: - Privacy and Network Security - Regulatory fines & penalties (including PCI) - Payment card
Coverages for insured's direct loss: - Ransom - Cyber event - Cyber deception