Page 87 - Hollard Private Portfolio - Version 3.4

Cyber insurance
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 three 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 not covered for Data and privacy breach by a third party and Third party liability.
○ Tera cover: You are covered for all the benefits explained in this cover section.
Included benefits
○ Cyberbullying, cyberstalking and loss of reputation
– Cyberbullying and cyberstalking:
We will cover reasonable costs for experts to remove online material from the internet if it relates to cyberbullying or cyberstalking. In addition, we will also reimburse actual lost income if it is not covered by your employer.
Cyberbullying involves bullying over the internet and can result in your wrongful termination of employment, false arrest, discipline 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.
– Loss of reputation
We will cover your loss of reputation after someone published private and offensive material about
you on the internet. If you suffered a significant negative impact on your reputation, we will cover:
▪ Lost income as a result of this incident, if it is not paid by your employer.
▪ Costs necessary for an expert to manage and protect your reputation.
– Legal costs: We will cover reasonable and necessary costs to take legal action against a third party for
acts of cyberbullying or cyberstalking, or for information that they publish on the internet against you.
– 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 cost: We will cover your expenses if your child is affected by an act of cyberbullying or cyberstalking or for 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.
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