What it does
BP 18 05 provides the same limited electronic data liability coverage as BP 05 95: coverage for loss of computerized or electronically stored data or software that results from physical injury to tangible property, with bodily injury or property damage arising out of a cyber incident excluded. ISO's overview notes that this version does not contain the exception for bodily injury, so a bodily injury claim arising from a cyber incident is not given back.
Who needs it
Used by carriers that want the electronic data give-back but no bodily injury carve-back for cyber incidents – for example where connected devices or building systems could cause physical injury if compromised.
Quoting and selling notes
- Compare against BP 05 95: the difference is only the bodily injury exception.
- Neither form covers data breach or network security liability; offer cyber coverage separately.
