Privacy Protection Package for Designated Professionals

The RLI Privacy Protection Package for Designated Professionals protects professional services firms from liability and expenses caused by a data or security breach.

Did you know that 47 states have data breach notification laws? Do you have the right coverage to withstand a data or security breach? General and professional liability policies may not provide sufficient coverage for these technology-related exposures. The RLI Privacy Protection Package for Designated Professionals is a robust policy that protects professional services firms from liability and expenses caused by a data or security breach.

Policy Highlights

• Policy premiums starting at $363
• Minimum deductible: $1,000
• Limit capacity: $5 million
• Forensic expenses coverage
• Credit monitoring coverage
• Notification expenses coverage
• Regulatory action coverage
• Public relations expenses coverage
• Personal injury coverage for a privacy breach

Coverages

• Enterprise Privacy Liability
  
  Covers third party claims against the insured as a result of failing to prevent the theft or misappropriation of private information.
• Electronic Media Liability
  
  Covers third party claims against the insured for various intellectual property and personal injury exposures for information that is posted on the insured’s website.
• Network Security Liability
  
  Covers third party claims against the insured as a result of a network security breach, including transmission of malicious code, denial of service attack or unauthorized access to/use of the insured’s computer system.
• Crisis Management Loss
  
  Covers forensic expenses, credit monitoring expenses, notification expenses, and public relations expenses to help mitigate exposure to a network security or privacy breach.
• Network Interruption Business Income & Extra Expense Loss
  
  Covers income loss and extra expense caused by network interruption that was a result of a network security breach.
• Data Loss
  
  Covers the cost to replace, restore, or recollect data that was corrupted as a result of a network security breach.
• Cyber Extortion Loss
  
  Covers the cost to investigate and respond to a cyber extortion threat, the cost to third party security consultants, the cost to terminate the cyber extortion threat.