Which businesses should consider Cyber Liability Insurance?
It may be relevant to a business that stores customer data, accepts online payments, uses cloud systems or depends on technology. This can include e-commerce businesses, Amazon sellers, technology and SaaS companies, startups, consultants, retailers, restaurants, media and marketing businesses, non-profits and home-based businesses.
Why does handling customer data matter when requesting a quote?
Customer data is one of the digital-risk considerations to describe when requesting a Cyber Liability Insurance quote. The exact protection available for a particular business is determined by the applicable policy wording and conditions.
Should I mention that my business accepts online payments?
Yes. If the quote process asks about online transactions or payment activity, provide complete and accurate information about how the business operates. Available terms depend on the information submitted and the applicable policy conditions.
Does Cyber Liability Insurance respond to every cyber incident?
Do not assume that every policy responds to every event. Coverage is governed by the specific policy wording, including its limits, exclusions and conditions. Review the available documents before purchasing.
Will the quote ask about security controls?
The information required is presented during the online quote process. Answer each question completely and accurately, including any questions about the business's systems, data, online activity or technology use.
Can I request and purchase Cyber Liability Insurance online?
quotemybiz.ca is designed to let Canadian business owners generate an online business insurance quote and buy insurance online. Start the quote process to see the options and policy terms available for the business.