Personal Cyber

Personal Cyber is an optional endorsement available on the Coverage tab within the portal. It provides comprehensive protection against financial losses, legal expenses, and damages resulting from modern digital threats and online activities.

Coverage

• Aggregate Limit: Up to $25,000 per policy term (the maximum amount Openly will pay in a single term).
• Deductible: A flat $500 deductible applies to cyber claims.

This endorsement offers robust protection across a wide range of digital risks, including:

• Identity Theft: Coverage for expenses incurred while restoring your financial identity.
• Credit Fraud or Forgery: Protection against unauthorized financial transactions and forged documents.
• Cyber Crimes & Extortion: Assistance and reimbursement when dealing with online extortion or cyberattacks.
• Cyber Bullying: Coverage for costs and resources associated with online harassment.
• Breach Notification Costs: Covers the necessary expenses to notify affected parties if sensitive personal data is compromised.
• Cyber Protection Legal Support: Reimbursement for legal expenses and damages arising from cyber incidents.

Special Sub-Limit Notice: Data Recovery and Systems Restoration is subject to a specific sub-limit of $2,500 within the overall $25,000 aggregate limit.

Exclusions

While the full terms and conditions are detailed within the specific policy forms, this endorsement generally excludes:

• Commercial & Business Activities: Any losses, cyber incidents, or liabilities arising out of a business, commercial enterprise, or professional services. This endorsement is strictly for personal digital use.
• Intentional or Criminal Acts: Fraudulent, dishonest, or criminal acts committed by the insured or any member of the insured's household.
• Prior Acts & Pre-existing Incidents: Cyber incidents, identity thefts, or data compromises that occurred, commenced, or were discovered prior to the effective date of the endorsement.
• Physical Property Damage & Bodily Injury: Physical damage to hardware (such as a dropped device or liquid spills) or physical bodily injury, which are typically addressed under standard property or liability forms rather than cyber protections.
• Widespread Infrastructure Outages: Disruptions caused by the failure or interruption of public utilities, regional/national power grids, telecommunication networks, or core internet service provider (ISP) backbones.