The global conversation about cyber attacks and the importance of cyber liability coverage has expanded in the last months and weeks. Firms that now work remotely recognize a potentially higher risk of securing important firm and client data.

How do firms protect themselves? One way to do that is with a cyber liability policy. Another way is to check your existing liability coverage documents. According to Business Insurance, there is a possibility that you already have coverage with a current policy. 

Coverage may be found in property, employment practice liability, and directors & officers' insurance policies.

Review Your Policies

It is vital to review your policies and see what coverage already exists. Stand-alone cyber coverage may be more comprehensive. Knowing what is in your current plan coverage and understanding your responsibilities as the covered entity are still essential steps to feel more secure that you are covered no matter the policy.

Create an Action Plan

Work with your team to create an action plan to know what steps to take in the event of an attack, as well as what coverage and support you may have from a current liability policy.

AdvoCap Insurance Agency, Inc. is always happy to discuss your current coverage with you and discuss any new coverage your firm may need as you grow. Click here to contact us. 

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