Technology makes life easier. It also brings more risk. A cyber policy provides a range of coverages to help protect you and your family. It can help cover expenses related to a cyber-attack, such as identity theft, fraud, ransomware, cyberbullying and more.
Chubb Studio can help meet your cyber coverage needs. You can get $10,000, $25,000 or $50,000 of coverage. There's no deductible for identity theft and a $250 deductible for other coverages.
You may benefit from cyber insurance if any of the following applies to you or anyone in your household:
Chubb Studio offers a range of protections for you, your information, and your wallet. Take a look at these examples to get an idea of how cyber insurance might help you.
Cyber Extortion
When your computer is hacked and you can't access it unless you pay someone, also known as a ransomware attack. Or when someone accesses your personal data and threatens to release it publicly unless you pay them. Cyber insurance may help pay the ransom.
Cyber Financial Fraud
When a hacker steals cash from your bank account or makes fraudulent charges on your debit card. Cyber insurance may help reimburse you.
Deceptive Transfer Fraud
When you receive a fraudulent invoice from someone pretending to be a person or company you do business with. If you transfer cash or investments to them, cyber insurance may help reimburse you.
Cyber Breach of Privacy
When someone hurts your reputation by publishing personal or false information online. Cyber insurance may help pay for remediation services, legal fees and loss of income.
Cyberbullying
When someone harasses you or your child online. It can happen to anyone at any age. Cyber insurance may help pay for psychiatric services, lost wages and, if needed, relocation services.
Cyber Disruption
When a hacker accesses your smart home system and forces you to find a temporary place to live. Cyber insurance may help pay for relocation expenses.
Identity Theft
When someone steals your identity and takes out loans or credit cards or applies for services under your name. Cyber insurance may help pay for services to restore your identity.
Electronic Data Restoration
When a hacker accesses your computer and deletes or corrupts your data. Or when you accidentally download malware that deletes or corrupts your data. Cyber insurance may help pay to restore it.
Electronic Device Replacement
When someone is fixing your computer and installs the wrong program, making your computer unusable. Cyber insurance may help pay for a replacement.
Prior Knowledge
Losses resulting from circumstances that you knew about before having continuous cyber coverage provided by Blink.
Pursuit or Holding of Public Office
Losses resulting from running for or holding an elected public office.
Confiscation
Losses resulting from a government or public authority taking or destroying your property.
Insolvency
Losses resulting from a financial institution's financial difficulties or restructuring.
Digital Currencies
Losses resulting from any activity involving digital currency that isn't authorized by a sovereign government as part of its currency, such as Bitcoin and Ethereum. An exception is made where digital currency is paid to extortionists as ransom under the Cyber Extortion coverage part.
Liability to Others
Losses resulting from property damage or personal injury that affects others, and for which you may be legally liable or responsible. An exception is made for costs covered under the Cyber Financial Fraud coverage part.
Travel Restriction
Losses you experience while in a place designated as a “Do Not Travel” area by the Bureau of Consular Affairs of the U.S. Department of State. This applies whether or not the loss is directly related to or in the location of such travel.
Property Damage
Losses resulting from physical injury to, or the destruction of, physical property. Also excludes losses from your resulting inability to use that property.
Acts by Certain People
Losses resulting from a malicious or fraudulent act, including a cyberattack, by:
Also excludes losses resulting from a cyberbullying occurrence by an employer or coworker, or losses resulting from anyone acting on behalf of a civil authority
Investment, Gambling and Transactional Losses
Losses (excluded under the cyber financial fraud and deceptive transfer fraud coverage parts) you experience when:
Business Activities
Losses resulting from business activities. An exception is made for losses resulting from a cyberattack that interrupts your incidental business. An incidental business is one you run in whole or in part from your home.
Widespread Events
Losses experienced as a result of a widespread event aren't covered. A widespread event is a single attack or failure that impacts a wide range of unrelated people or businesses. It can be caused by one person or a group.
The coverage examples included above are intended to show the types of situations that may result in claims. They shouldn't be compared to an actual claim. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
You will be able to test our APIs in the Sandbox below. To get started, you will be required to get a bearer token/JSON Web Token (JWT) which can be requested using the “Authentication” operation. After you have requested the token, it can be used to authorize all test transactions. Copy and paste the token response from the Authentication operation using the “Authorize” button. Once complete, click the “Try it out” button to run the sample request and receive a response. All the other required fields are already prefilled in the headers for each operation in the Sandbox.
