SynGuard™ Coverage Details
SynGuard™ coverage can be issued to individual physicians or physician practice. Coverage is provided in the following areas:
Network Security & Privacy Insurance
- Coverage for third party claims alleging a financial loss as a result of a network security of privacy breach. Includes coverage for both online and offline information, virus attacks, denial of service, and failure to prevent transmission of malicious code. Also extends coverage for defense costs and fines/penalties for violations of privacy regulations including but not limited to HIPAA, Red Flag Rules, and the new HITECH Act.
- Coverage for both online and offline media. Including claims alleging copyright/trademark infringement, libel/slander, advertising, false advertising, plagiarism, and personal injury.
Privacy Breach Costs & Expenses
- Includes all reasonable legal, public relations, advertising, IT forensic, call center, credit monitoring and postage expenses incurred by the insured for a privacy breach response.
Network Asset Protection
- Coverage for all reasonable and necessary sums required to recover and/or replace data that is compromised, damaged, lost, erased or corrupted. Coverage also includes business interruption of insured’s computer system. Includes coverage for cyber terrorism.