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Saturday April 10, 2021

Get Personal Cyber Insurance Before it Gets Personal.

In today’s world, it’s pretty difficult to go throughout an entire day without having some sort of connection to the internet. You bank online, shop online, click & collect your groceries, and now with the majority of businesses relying on virtual means of operation, you’re even depending on an internet connection to get a job done as you work from home. Your private data is just as important as your home, vehicle and personal belongings.  You don't want to leave it unprotected do you?

In a lot of ways, these types of connections have improved efficiencies and have provided us with an entire world of convenience in the palms of our hands.The troublesome part is, connecting to a network increases the number of vulnerabilities for cybercriminals to discover. Don’t worry – you don’t have to stop using your phone or tablet, or stop using your favourite social platforms altogether; We’re not suggesting we venture back to the stone age. What we are saying, however, is that having a proper protection plan in place is always a wise idea, in the event that one of these open vulnerabilities (to you, just a simple internet connection), is a target for compromise, you’ll know that you can land in a safety net, with your personal finances quickly recovered.

Do you want to be financially protected from the aftermath of a cyber attack or cyber breach? Then personal cyber insurance is a must. Coverage will help restore your devices to the state they were in before and help recover any lost data. If other people’s information is stolen from you, this insurance will help cover your liability.

Simply, if personal sensitive information on yourself or others is stored in electronic form on any devices, you really need to consider how important that information is to you and how you would feel if it was breached and accessed illegally by someone else. If you are not protected, you could end up paying a large amount of legal fees for someone else’s crime.

This is why having Personal Cyber Insurance, to protect you and your family from cybercrime, is an important consideration. 

Comprehensive coverage for yourself and your loved ones, should include:

  • Cyber Bullying 
  • Identity Theft
  • Cyber Attacks
  • Ransomware
  • Cyber Crime
  • Smart Devices & Wearables

Here are some good best practices to always consider

  • Use anti virus software.
  • Use strong passwords.
  • Do not open attachments in spam emails.
  • Do not click on links in untrusted emails or websites.
  • Do not give out personal information unless it is secure.
  • Be careful of websites you visit.
  • Check your bank statements often.

Our insurance professionals would be happy to answer any questions you have as you navigate these muddy waters of how susceptible you are to cyber crime right now. You can have peace of mind knowing that your valuables, and loved ones, are safe. When the unexpected happens, you’ll be glad you chose to protect yourself. Speak to one of our experienced professionals today, to learn more about your insurance policies as it relates to personal cyber insurance.