Review: Cyber for SMEs
NIG Cyber Cover. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Product: Cyber Cover
Underwriter: NIG (100% reinsured by HSB)
Commission paid: 17.50% (or net)
Coverage: NIG Cyber cover is tailored to the needs of SMEs and our limits reflect this.
Standard covers – Maximum limits, up to, cyber crime £100,000 (minimum limit £25,000); cyber liability £1m (minimum limit £25,000); data-breach expense £1m, (minimum limit £25,000)
Optional covers – Maximum limits, up to, hardware £5m; data corruption and extra cost £1m (minimum limit £25,000); cyber event -
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