Family Cyber Protection™
(Personal Lines solution)
Real costs. Real threats.
Your family is ‘connected’ and the criminals know it.
We’re more connected than ever. Cell phones, tablets, laptops, desktops, television and gaming systems, etc., connect us in ways we never imagined. Criminals know the information accessed by your family is valuable. They can steal passwords, data, money, identities and make life miserable. Even worse than the financial losses and headaches of restoring data is the threat of cyber bullying and reputational harm.
How We Protect You and Your Family
Family Cyber Protection™ provides coverage for real-life scenarios that can harm those closest to you:
EXTORTION THREATExpenses or ransom paid for threats to create a home network disruption or a privacy breach.
SOCIAL ENGINEERINGThe intentional misleading of an individual which leads to the insured willingly sending money to a fraudster
CYBER BULLYING RESPONSEProfessional counseling, temporary relocation expenses, tuition expense, tutoring costs
IDENTITY THEFTAllows carrier partners to consolidate any separately offered ID Theft into this larger / broader endorsement offering
SYSTEM COMPROMISEData recovery costs and/or systems restoration needs
INTERNET CLEAN UPExpenses associated with removing false statements about you on the Internet
YOUR FAMILY IS IMPORTANT
Protect your family from an ever growing and real threat.
MORE CONNECTIONS = MORE RISK
The number of connected devices is growing at an unprecedented rate, with the expectation of 34 billion devices connected by 2020, up from 10 billion in 2015.
EVERYONE IS A TARGET
Nearly half of American Adults have had their personal details compromised in a breach.
A United Nations study found that cybercrime affects up to 17% of the online population while traditional burglary/robbery affects only 5% of the population.
THE THREAT IS REAL
The FBI has received over 3.4 million complaints since 2010 regarding personal scams.
IT CAN HAPPEN TO ANYONE
According to the Cyberbullying Research Center, over one third of young people have experienced cyber bullying.
CHECK YOUR INBOX
Over 294 billion emails are sent each day and 90% of all email is SPAM and Viruses. Clicking an email link accounted for 88% of all phishing.
Incidents of extortion have increased dramatically prompting the FBI to release a warning in June 2016, noting the average cost of $250 to $1,200.
The average internet crime loss costs $3,718.
According to the 2016 Verizon Data Breach Investigations Report, 63% of confirmed data breaches involved weak, default or stolen passwords.
UNIQUE PARTNER BENEFITS
- Innovative coverages for real issues
- Solve concerns your clients have right now
- Be unique in a crowded personal lines space
- Speed- to-market
- Quota Share protection as high as 100%
COMPLETE TURNKEY PACKAGE
- Rates, forms, manuals and guidelines
- Filing support including assistance with answering state objections
- Claims training and consultation
- Marketing support and underwriting training
Designed for small business
Portfolio turn-key approach