Tailored solution designed to cover providers of technology services or products. Tech E&O policy covers losses resulting from technology services, technology products, intellectual property infringement, media content, and network security breaches.
Our package also offers optional coverages such as General Liability, Contents, Portable Electronics, Business Interruption etc. Available for a broad range of Technology professionals and businesses with revenues up to $2,000,000
OVERVIEW
Highlights
- Payment Options: Monthly and Annual
- Eligible in all Canadian provinces and territories, except Quebec
Coverage Types
- Professional Liability
- Intellectual Property Infringement
- Privacy Breach Liability
- Privacy Breach Expense
- General Liability
- Non-Owned Auto
- Business Contents
- Business Interruption
- Misc. Property Floater (Portable Equipment)
ElIGIBLE CLASSES
Available for a broad range of Technology professionals, businesses and services:
- IT Project Management
- General IT Consulting (but not security specific)
- Packaged Software or Hardware Installation
- Enterprise Resource Planning Installation
- Web Development or Web Graphic Design or Digital Marketing
- IT Security Consulting
- Prepackaged Software
- Computer Hardware Sales (including consulting)
- Subscription Based Business Software as a Service
- Hardware Infrastructure as a Service
- IT Network Configuration or Communication Configuration
- Custom Software, Programming or Application Development for Others
- IT Staffing Services
- Computer Maintenance or Repair
- Managed or Third Party IT Services
- Video Game Developers
COVERAGE & WORDINGS
Wordings:
| Coverage | Available Limits |
| Error and Omission | $1,000,000, $2,000,000 Premium starting from $470 |
| Intellectual Property |
|
| Privacy Breach | Network Security and Privacy Breach Liability $25,000 (Included) $500,000 $1,000,000 $2,000,000 Included with Privacy Breach Liability: Privacy Breach Expense – $50,000 Information Asset Loss – $50,000 |
| Commercial General Liability – Optional | $1,000,000, $2,000,000, $3,000,000, $4,000,000, $5,000,000 |
| Non-Owned Auto Coverage – Optional | $1,000,000 (Included with CGL) $2,000,000 $1M NOA is included with your CGL policy. You can increase the NOA limit to $2M for $50/year, if your CGL policy is also $2M or greater. |
| Contents and Portable Equipment Floater – Optional | Contents Coverage Available Limits: $25,000, $50,000, $75,000, $100,000 Portable Equipment Floater
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