COVER AGENCY, Ltd

WHOLESALE CYBER INSURANCE

Introduction To COVER'S:

"CYBER PRIME THREE TIER INSURANCE COVERAGE" PROGRAM

Cyber Insurance Coverages and Services are available through Cover Agency's Wholesale Insurance Facilities, entitled as Cover's "Cyber Prime Insurance Program Policy With Endorsements". All applications are  subject to insurance company underwriting approval and Policy Issuance by an "A++" Balance Sheet Quality Group of Insurance Companies, owned by the biggest publicly owned insurance group of companies in the world.

Cover Agency Ltd is Focused upon Providing CYBER INSURANCE  for ALL THREE ESSENTIAL CLASSES OF CYBER PERIL PROTECTION.  Cyber Insurance is essential to protect not just against the loss of important information (data), but also to protect other existing assets against theft,  such as money in the insured's bank accounts  Financial Profits and Performance of Services Required by Law  are both Necessary to Keep the Insured Company In Business:

A. "FIRST PARTY INSURANCE":  DIRECT iNSURANCE PROTECTION PROVIDING DIRECT COMPENSATION TO THE INSURED,  FOR FINANCIAL INJURY RESULTING FROM  COVERED CYBER PERILS.

 First Party Insurance Coverages Generally Include:

·    Digital Data Recovery Expenses, Including Costs to Restore or Replace Damaged and Lost Data, Also Damaged or Lost Software;

·    Business Interruption Coverage, including Loss of Profits, and Expenses Resulting from Interruptions of Insured's Systems; Contingent Business Interruption Coverage provides additional protection against Insured's Losses resulting from Interruption of Other Systems; Note that ENHANCED Business Interruption may be available.

·    Network Extortion Insurance Coverage provides for Extortion Payments to Prevent Digital Destruction or Impairment to the Insured's Network;

·     Cyber Incident Response Fund, to reimburse the Insured for Notification Expenses, Credit Monitoring, Legal Fees, Forensics, Public Relations Expenses, etc.

·    Telephone Toll Fraud: Costs Resulting from Phone Bill Charges, such as Fraudulent Calling.

B. THIRD PARTY LIABILITY  INSURANCE PROTECTION PROVIDES, PROTECTION TO THE INSURED  AGAINST PAYING OUT OF POCKET FUNDS TO THIRD PARTY CLAIMANTS FOR COMPENSATORY DAMAGES RESULTING FROM LIABILITY JUDGMENTS AGAINST THE INSURED FOR COVERED INSURANCE PERILS.

Third Party Protection Includes:

·    Cyber, Privacy and Network Security Liability, including Failure to Protect Private or Confidential Information of Others, and Failure to prevent a Cyber Incident from impacting others’ systems;

·    Note: Broadened definition of Protected Information includes biometrics, internet browsing history and personally identifiable photos and videos;

·    Regulatory Proceedings Expenses: Both Defense Expenses for Regulatory Actions, and Financial Coverage for Fines and Penalties;

·    Media Liability: Copyright Violations and Trademark infringement within the scope of defined media content;

·    Payment Card Loss:  Cyber Incident caused Contractual Liabilities owed;

C. CYBER CRIME INSURANCE COVERAGES: PROVIDING DIRECTLY TO INSURED  FINANCIAL INDEMNIFICATION AGAINST CYBER CRIME CLASS PERILS. Cyber Crime Insurance is a policy endorsement. (Cyber Crime insurance coverage is a voluntary coverage, requested by the applicant).

·    Computer Fraud: Third party accessing insured’s computers to wrongfully take money

·    Funds Transfer Fraud: Third party  wrongfully tricking a bank into transferring funds from insured’s account(s)

·    Social Engineering Fraud: Third party tricking an employee into wrongfully transferring money

Important Notes for retail brokers and insurance clients: (i) Coverage Territory applicable to anywhere in the universe. (ii) The information contained herein are general cyber insurance product summaries only. Insurance Coverage is subject to the language of the policies as actually issued. Please read your insurance policies to verify the coverage content. (iii) Cover Agency is focused upon providing on a wholesale basis industry leading insurance coverage that will comply with regulatory and other legal cyber security standards, as the industry evolves. However, we do not provide legal advice, nor legal interpretation of insurance policy language. It is the insured's responsibility to read their insurance policy and to obtain legal explanations of policy language from their own counsel.

Additional Information Available. Please Contact:

Priscilla Li, Vice President

Office: 718-591-2400

After Hours Cell Text for Phone Call Response:   347-551-0800

Email: pli.coveragency@gmail.com