Protect what
you cannot see.
General liability policies exclude cyber events entirely. BenefitExcel shops cyber liability across top-rated carriers so your business is covered when a breach or attack hits.
$200+
40%
$0
General liability policies specifically exclude cyber events a data breach or ransomware attack can cost hundreds of thousands of dollars, all of it uninsured.
Four layers of cyber protection.
A cyber policy covers the response, the losses, and the liability that follow a cyber incident. Here is what each layer protects.
Data Breach Response
Covers the immediate costs of responding to a breach, forensic investigation, legal counsel, customer notification, credit monitoring, and public relations. Breach response alone can exceed $200 per affected record.
- Forensic investigation costs
- Customer notification expenses
- Credit monitoring and PR management
Business Interruption
Covers revenue your business loses when a cyberattack takes your systems offline. Ransomware attacks can shut down operations for days or weeks. Cyber business interruption replaces that lost income during downtime.
- Lost revenue during system outages
- Extra expenses to restore operations
- Ransomware-caused shutdowns covered
Cyber Extortion
Covers ransom payments and related costs when a hacker holds your systems or data hostage. Ransomware attacks on small businesses have increased dramatically. Without cyber coverage, recovery costs are entirely out of pocket.
- Ransom payment coverage
- Negotiation specialist costs
- System recovery and restoration
Third-Party Cyber Liability
- Defense against customer lawsuits
- Regulatory fine coverage
- Vendor and partner data claims
Why two businesses pay different cyber premiums.
Data Volume
Security Controls
Industry Type
Cyber discounts for businesses that take security seriously.
Multi-Factor Auth
Backup and Recovery
Security Training
EDR Software
Incident Response Plan
Claims-Free History
Pay in Full
Vendor Management
Cyber questions answered plainly.
Four things: the immediate response to a breach, including forensics, customer notification, and credit monitoring; the income you lose while systems are down; ransom payments and negotiation costs if hackers hold your data hostage; and your legal liability when customer or partner data is compromised.
No. General liability policies specifically exclude cyber events. A data breach or ransomware attack can cost hundreds of thousands of dollars, and without a separate cyber policy, all of it is out of pocket.
Yes. Around 40% of cyberattacks target small businesses, precisely because their defenses tend to be lighter. With breach response costs running $200 or more per compromised record, even a small incident adds up fast.
It depends on your industry, how much sensitive data you store, and the strength of your security controls. Basics like multi-factor authentication, tested backups, and employee training can earn meaningful discounts. We shop multiple carriers to find the one that prices your risk best.
You call us first. Your policy can bring in a negotiation specialist, cover the ransom payment where insurable, restore your systems, and replace the income you lose while operations are down. We stay with you through the whole claim.
Carriers increasingly expect essentials like MFA and reliable backups before they will write coverage at good rates. If you are not there yet, we will tell you exactly what to put in place to qualify and to lower your premium.
Get your cyber risk covered today.
A real BenefitExcel advisor compares cyber liability across top-rated carriers right coverage, right price, no pressure.