Cyber Liability Insurance
Instant-issue cyber liability and data breach insurance. 100% online. Pay monthly with a credit card.
What Brokers are Saying:
"Transitioning accounts to Layr for service has helped free up our team internally, allowing us to increase our acquisitions and grow our business."
GERALD FAWCETT - PLEXUS
Policy Overview
The cyber threats faced by all types of companies in today’s digital environment can be devastating. This industry-leading and affordable insurance policy covers first and third-party cyber-related threats and expenses including data breaches, legal defense costs, notification costs, and system disruption and addresses nearly every aspect of a companies total cyber exposure.
Key Protected Threats
• Hacking-Related Breaches
• Physical Data Theft
• Phishing Attacks
• Third-Party Vendor Breaches
• Employee Breaches & Theft
• Viruses, Spyware, & Malware
Cyber Liability Insurance Explained
Purchasing commercial insurance is a great start for protecting your small business against risk, but depending on your company’s operations, your policies may vary. Your business is one-of-a-kind – additional policies or add-ons to the one listed below may be necessary to fill coverage gaps. That’s where Layr can help.
Coverage Details
| Admitted Coverage | Maybe | ||
| Instant Approval | Maybe | ||
| No Underwriting Required | |||
| Reputable A-Rated Carrier | |||
| Full Prior Acts | |||
| Limit | $250,000 | $1,000,000 | $100,000-$1,000,000 |
| Deductible | $2,500 | $2,500 | $2,500 |
| Waiting Period | 8 Hours | 8 Hours | N/A |
| Funds Transfer Fraud | $100,000 | $100,000 | |
| Telecommunications Theft | $100,000 | $100,000 | |
| Social Engineering Fraud Loss | $100,000 | $100,000 | |
| Pre-Claims Assistance | |||
| Business Interruption & Extra Expenses | |||
| Business Services Costs | |||
| Regulatory Defense & Penalties | Maybe | ||
| PCI Fines & Assessments | Maybe | ||
| Network & Information Security Liability | |||
| Multimedia Content Liability | |||
| Cyber Extortion | |||
| Ransomeware Loss | |||
| Breach Response | |||
| Fraud Response | |||
| Crisis Management | |||
| Public Relations Management | Maybe | ||
| Reputation Repair | |||
| Systems Failure | |||
| Cost of System Upgrades | |||
| Digital Asset Restoration | Maybe | ||
| Computer Replacement | |||
| Bring Your Own Device (BYOD) | Maybe | ||
| Mental Anguish |
Get Cyber Liability Insurance Today
Hassle-free business insurance. 100% online. Pay monthly with a credit card.
