Type of Insurance Requested
There is an axiom in the business consulting business that there are two types of organizations: those that have been breached and know it, and those that have been breached and don’t know about it – yet. Of course you may believe you are in a third category: those that have not been breached yet. It could happen today.
Maintaining security of electronic systems and the private information therein is a huge concern these days. A breach of your systems and loss of private information is only one type of “cyber exposure” faced by your business. Here are some examples of incidents that could cause you some financial heartburn:
You can purchase insurance – called Cyber-Liability and Information Security coverage – to protect your business against these and other cyber-related incidents. These insurance policies are affordable for most businesses, especially when you consider the important benefits they provide. Contact your agent for details on available coverages and cost.
This article was prepared and made available to your agent by the Independent Insurance Agents of Texas, which is solely responsible for its content. Please read your insurance policy. If there is any conflict between the information in this article and the actual terms and conditions of your policy, the terms and conditions of your policy will apply. The Independent Insurance Agents of Texas is a non-profit association of more than 1,500 insurance agencies in Texas, dedicated to helping its members succeed, in part by providing technical resources that explain insurance policies sold to their customers.