What's Covered by Cyber Insurance

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Understanding your cyber insurance coverage protects your business from financial losses

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Comprehensive Coverage for Modern Cyber Threats

Insure24's cyber insurance policies provide extensive protection across multiple coverage areas, ensuring your business is protected from financial losses resulting from cyber incidents.

Core Coverage Areas

Our cyber insurance policies include the following essential coverage components:

Data Breach Response


Comprehensive coverage for costs associated with data breaches, including:

  • Forensic investigation and analysis
  • Breach notification to affected individuals
  • Credit monitoring services for victims
  • Public relations and crisis management
  • Legal consultation and support
  • Regulatory compliance assistance

Cyber Liability


Third-party liability protection covering claims from:

  • Customers affected by your data breach
  • Business partners and vendors
  • Regulatory bodies and authorities
  • Legal defence costs and settlements
  • Damages awarded in litigation
  • Privacy violation claims

Business Interruption


Financial protection when cyber incidents disrupt operations:

  • Lost revenue during system downtime
  • Ongoing business expenses
  • Employee payroll and benefits
  • Rental costs for temporary facilities
  • Extra costs to restore operations
  • Profit recovery assistance

Ransomware Coverage


Comprehensive protection against ransomware attacks:

  • Ransom negotiation services
  • Ransom payment assistance
  • Data recovery and restoration costs
  • System remediation and rebuilding
  • Forensic investigation
  • Business interruption losses

Network Security Liability


Coverage for claims arising from your network security failures:

  • Malware transmission to third parties
  • Unauthorized network access
  • System failure affecting clients
  • Website defacement or compromise
  • DDoS attack liability
  • Third-party recovery costs

Regulatory Compliance


Protection against regulatory penalties and investigation costs:

  • GDPR fines and penalties
  • Regulatory investigation costs
  • Legal defence representation
  • Compliance remediation expenses
  • ICO inquiry support
  • Industry-specific compliance penalties

Additional Coverage Options

Enhance your protection with optional add-ons tailored to your business needs:

Cyber Extortion Coverage


  • Protection against extortion threats
  • Threat assessment and response
  • Negotiation support services
  • Extortion payment coverage
  • DDoS extortion protection
  • Data publication threats

Social Engineering Coverage


  • CEO fraud and impersonation losses
  • Fraudulent wire transfer recovery
  • Business email compromise
  • Invoice manipulation scams
  • Credential harvesting losses
  • Phishing-related fund transfers

Dependent Business Interruption


  • Supplier cyber incident losses
  • Vendor system failure impact
  • Service provider outages
  • Supply chain disruption
  • Lost revenue from dependencies
  • Extra expenses during outages

Crisis Management & PR


  • Public relations support
  • Media management and response
  • Crisis communication planning
  • Reputation repair services
  • Customer communication support
  • Brand protection assistance

What's NOT Covered

Understanding exclusions helps you identify coverage gaps. Typical cyber insurance exclusions include:

Common Exclusions


  • Losses from poor security practices
  • Intentional acts by business owners
  • War, terrorism, or civil unrest
  • Pre-existing known vulnerabilities
  • Incidents before policy start date
  • Failure to implement basic security

Policy Conditions


  • Losses from non-compliance with policy requirements
  • Failure to report incidents timely
  • Unauthorized modifications to systems
  • Losses from regulatory violations
  • Claims not properly documented
  • Incidents involving criminal prosecution

Note: Exclusions vary by policy and insurer. Review your specific policy documents for complete details on what is and isn't covered.

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Coverage by Business Size

Different business sizes have different coverage needs. Our flexible policies scale with your organization:

Small Business Coverage


Ideal for: 1-50 employees, limited data storage

  • Data breach response (£100,000)
  • Cyber liability (£250,000)
  • Business interruption (£50,000)
  • Ransomware coverage (£100,000)
  • 24/7 incident support

Mid-Market Coverage


Ideal for: 50-500 employees, moderate data

  • Data breach response (£250,000)
  • Cyber liability (£1,000,000)
  • Business interruption (£250,000)
  • Ransomware coverage (£500,000)
  • Risk management services

Enterprise Coverage


Ideal for: 500+ employees, critical operations

  • Fully customizable limits
  • Dedicated cyber consultant
  • Continuous threat monitoring
  • Crisis management support
  • Quarterly risk assessments

How to Maximize Your Coverage

Get the most from your cyber insurance with these best practices:

Before an Incident


  • Understand your policy coverage limits
  • Implement required security measures
  • Maintain detailed asset inventory
  • Document security procedures
  • Review coverage annually
  • Conduct security assessments

During an Incident


  • Contact your insurer immediately
  • Preserve all evidence and logs
  • Document all incident details
  • Follow incident response procedures
  • Keep detailed records of costs
  • Cooperate with investigators

FREQUENTLY ASKED QUESTIONS

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Does cyber insurance cover all types of cyber attacks?

Most cyber insurance policies cover common attacks including ransomware, malware, phishing, DDoS, and data breaches. However, coverage varies by policy. Some exclusions may apply for incidents resulting from negligence or failure to implement basic security measures.

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Are there coverage limits on cyber insurance?

Yes, cyber insurance policies have coverage limits for each protection area. These limits vary based on your business size, industry, and selected coverage level. We offer flexible options from starter to enterprise coverage.

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Can I customize my coverage?

Absolutely. Our cyber insurance policies are highly customizable. You can select coverage areas, adjust limits, add optional protections, and tailor the policy to your specific business risks and budget.

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Does cyber insurance cover GDPR fines?

Many of our cyber insurance policies include regulatory compliance coverage that can cover GDPR fines and penalties. Coverage limits and conditions vary, so discuss your specific needs with our team.

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What happens if I don't meet security requirements?

Failure to implement required security measures may result in coverage denial or reduced benefits. We work with you to identify necessary security controls and can provide guidance on implementation.

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Is business interruption coverage included?

Business interruption coverage is typically included in most cyber insurance policies, though coverage amounts vary. It protects lost revenue and ongoing expenses during system downtime caused by cyber incidents.

Ready to Protect Your Business?

Get comprehensive cyber insurance coverage tailored to your business needs. Contact our experts today for a personalized quote.

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