Yes, even small businesses are at risk of cyberattacks and data breaches. Cyber liability insurance helps cover the costs associated with these incidents, including legal fees and notification costs.
Related FAQs
Yes, you can adjust your coverage to match your business needs. It’s important to review your insurance policies regularly and make changes as your business evolves. [...]
You can lower your premiums by maintaining a good claims history, implementing risk management practices, and bundling multiple policies with the same insurer.
Without the necessary insurance, your business is exposed to significant financial risks. You may also face legal penalties if your profession requires mandatory coverage.