Page 88 - Hollard Private Portfolio - Version 3.5

86 Hollard Private Portfolio – Version 3.5 – 7 May 2024
Cyber insurance
Sanction Any sanction, prohibition or restriction under United Nations resolutions or the trade
or Sanctions, laws or regulations of the European Union, Germany, United Kingdom or
United States of America.
Theft of funds Any unauthorised electronic transaction of money from your personal account.
You Includes yourself, your partner (if chosen) and a maximum of three children (if chosen
and shown in your policy schedule).
Main cover
We will cover your reasonable losses and expenses that may result from cyber incidents during the period of insurance.
Your cover is dependent on the cover option you chose, and the limits shown in your policy schedule. The annual claim
limit will apply irrespective of the number of claims that you submit.
Options available
There are five options available and your choice is shown in your policy schedule:
○ Mega cover: You are only covered for Theft of funds.
○ Giga cover: You are only covered for Theft of funds, Identity theft, Data restoration and Malware
decontamination, Cyberbullying, Cyber stalking, Cyber extortion, and Online shopping.
○ Tera cover: You are covered only for Theft of funds, Identity theft, Data restoration and Malware
decontamination, Cyberbullying and Cyber stalking, Cyber extortion, and Online shopping.
○ Peta cover: You are only covered for Theft of funds, Identity theft, Data restoration and malware
decontamination, Cyberbullying, Cyber stalking, Cyber extortion, Online shopping and Express Kidnapping.
○ Exa cover: You are covered for all the benefits explained in this cover section.
Included benefits
Cyberbullying involves bullying over the internet and can result in your wrongful termination of employment, false
arrest, disciplinary action at a school or shock and mental injury as diagnosed by a medical practitioner. Cyberbullying
must include two or more acts of bullying, such as:
○ Harassment, including repeated personal interaction despite your rejection
○ Intimidation
○ Defamation of character
○ Invasion of privacy, including unauthorised usage monitoring of your internet usage and electronic
communication
○ Threats of violence.
Cyberstalking involves someone that uses electronic devices or the internet to repeatedly harass or frighten you.
○ Cyberbullying and cyberstalking
We will cover the reasonable and necessary costs for experts to remove online material from the internet if
it relates to cyberbullying or cyberstalking. You are also covered for legal action taken against a third party for
acts of cyberbullying or cyberstalking, or for false or defamatory information that they publish on the internet
against you. We will also reimburse actual lost income if it is not covered by your employer.
– Trauma benefit: If cyberbullying or cyberstalking causes emotional trauma, we will pay a fixed benefit
amount to assist with trauma counselling as diagnosed by a licensed professional. This benefit does
not provide the benefits of a medical scheme and is not a substitute for medical scheme membership.
– Additional school costs: We will pay a fixed benefit amount if your child is affected by an act of
cyberbullying or cyberstalking or for false or defamatory information published on the internet. Cover
includes expenses for additional school fees, school uniforms and educational material if a licensed
doctor or psychologist recommends that your child needs to be placed in another school.