What it does
CG 04 25 12 23 is Cyber Incident Liability Coverage Subject To Each Cyber Incident Occurrence And Aggregate Limits. It is the coverage counterpart to the cyber incident exclusion (CG 40 35), granting coverage for cyber incident claims subject to dedicated per-occurrence and aggregate limits.
Who needs it
Manufacturers, building owners and service businesses where a cyberattack on controls or systems could cause physical injury or damage to third parties.
Key provisions and limits
- Separate each cyber incident occurrence and aggregate limits apply.
Quoting and selling notes
- CG 04 95 combines cyber incident coverage with loss of electronic data coverage.
