TechProtect Plus™ is a liability & office package
policy that has been specifically designed to cater for
the insurance needs of technology companies in Canada. TechProtect
Plus™ includes professional indemnity cover, plus
office cover which technology companies can tailor to their
particular requirements.
TechProtect Plus™ is available to most types of technology
business, except internet service providers and telecommunications
companies. Overseas sales or offices are not a problem,
even if they are in the United States, and many higher-risk
technology companies can also be considered.
Coverages
- Definition of "Cyberspace Activities carefully crafted for each account
- Coverage for both distribution of content and errors and omissions in services (both on and off-line)
- Protects innocent insureds from intentional unauthorized access or other wrongful conduct of "rogue" employees
- Coverage for punitive damages (where allowed by law)
- Subsidiary coverage (including newly created or acquired entities)
- Allegation of intentional wrongful conduct covered until final adjudication
- Worldwide coverage
- Up to $10,000,000 policy limit capacity,
primary or excess
- $2,500 minimum premium for a limit of $1,000,000
- $2,500 minimum deductible
