• Pays for legal fees and other expenses associated with a data breach
• Restores personal identity of anyone affected by breach
• Notifies customers of data breach

How We Can Help Your Business

Cyber liability insurance is a necessary part of coverage for most businesses. Any company that is online or uses computers for storing information is at risk. Cyber liability coverage will protect your business and reputation if something happens.

Hackers can access social security information, credit card numbers, personal addresses and phone numbers of your customers, employees and even vendors and other businesses you partner with. The repercussions of stolen information can be significant and cost your business thousands and hundreds of thousands of dollars.

No business is too small to need cyber insurance. In fact, they may have an even higher risk because they may not have a dedicated IT team working to keep information safe. Large companies have hundreds of employees accessing sensitive data, which also increases the risk of exposure. Traditional liability insurance won’t usually cover a data breach. The right cyber liability insurance policy will not only protect your company financially, but it can help you repair the damage.

The insurer may help recover compromised data and restore the identities of those who have been impacted by the breach. They will assist with notifying customers and even pay for repairs to the computer systems. This type of policy will also protect your systems from the effects of a virus, which can cause the loss of data and halt operations of a business.

S&K Insurance offers cyber liability insurance for businesses of all sizes. The team will work with you to determine what kind of coverage you need and what will fit your budget. The issue is not if but when a cyber issue will arise, and you want your company to be prepared.

Workers’ Compensation

If your business has at least one employee, you are usually required to purchase workers’ compensation insurance to provide for them if they are injured on the job. How much you pay will depend on the kind of business you have and your level of risk. It provides payment for medical care and lost wages for the worker and protects your business from bearing the cost of these expenses.