Uncover Nonprofit Insurance D&O EPLI Cyber Quote Secrets
Cyber Liability Insurance
In an era where data breaches are increasingly common, Cyber Liability insurance is crucial for nonprofits that handle sensitive donor, client, or financial information. This coverage helps mitigate the financial impact of cyberattacks, including data breaches, ransomware, and phishing scams. Cyber insurance policies often cover the costs of notifying affected parties, legal fees, and even public relations efforts to manage reputational damage. Nonprofits can follow the options to find policies tailored to their specific digital risks, with premiums generally starting at about $1,000 annually3.