BEAN SPROUTS, LLC (2) - Laserfiche WebLink

Home Browse Search

DATA BREACH COVERAGE - RESPONSE EXPENSE PLEASE READ ALL PROVISIONS CAREFULLY, AND CONTACT YOUR AGENT OR BROKER IF YOU HAVE ANY QUESTIONS. YOUR COVERAGE APPLIES WHEN A "DATA BREACH" OCCURS ON OR AFTER THE 'RETROACTIVE DATE" AND BEFORE THE END OF THE "POLICY PERIOD", AND THE "DATA BREACH" IS FIRST DISCOVERED DURING THE "POLICY PERIOD". COVERED "DATA BREACH EXPENSES" WITHIN THE DEDUCTIBLE AMOUNT MUST BE PAID BY YOU AND DO NOT REDUCE THE LIMITS OF LIABILITY. COVERED "DATA BREACH EXPENSES" ABOVE THE DEDUCTIBLE ARE PAYABLE UNDER THIS COVERAGE PART AND REDUCE THE LIMITS OF LIABILITY. SOME PROVISIONS IN THIS COVERAGE PART RESTRICT COVERAGE. READ THE ENTIRE POLICY CAREFULLY TO DETERMINE RIGHTS, DUTIES AND WHAT IS AND WHAT IS NOT COVERED. Throughout this Coverage Part, the words "you" and "your" refer to the Named Insured shown in the Coverage Part Declarations. The words "we" "us" and 'bur" refer to the stock insurance company member of The Hartford providing this insurance. Other words and phrases that appear in quotation marks have special meaning. Refer to Section H. DEFINITIONS. A. INSURING AGREEMENT 2. Regardless of when expenses are incurred, We will pay for "data breach expenses" that you we will not pay "data breach expenses" in incur as a result of a "data breach" of "personally excess of the limit of insurance that is identifiable information", subject to the limit of applicable to the "policy period" when the insurance, if the following conditions are met: "data breach" was first discovered. 1. The "data breach" occurs on or after the C. WHO IS AN INSURED "retroactive date" and before the end of the "policy period". 2. The insured first becomes aware of the "data breach" during the "policy period". 3. At the time you applied for this insurance you had no knowledge of the "data breach". 4. The "data breach" is reported to us as soon as practicable, but in no event later than 30 days after it is first discovered by the insured. 5. The "data breach" must involve "personally identifiable information" that was held by you or on your behalf in the " coverage territory" . We will have no duty to pay for any damages for which this insurance does not apply. B. LIMIT OF INSURANCE 1. We will pay up to the applicable limit of insurance for "data breach expenses" stated in the Coverage Part Declarations. A sub -limit may apply for certain coverages as described in the Coverage Part Declarations. If you are designated in the Policy Declarations as: 1. An individual, you and your spouse are insureds, but only with respect to the conduct of a business of which you are the sole owner. 2. A partnership or joint venture, you are an insured. Your members, your partners, and their spouses are also insureds, but only with respect to the conduct of your business. 3. A limited liability company, you are an insured. Your members are also insureds, but only with respect to the conduct of your business. Your managers are insureds, but only with respect to their duties as your managers. 4. An organization, other than a partnership, joint venture or limited liability company, you are an insured. Your executive officers and directors are insureds, but only with respect to their duties as your executive officers or directors. 5. A trust, you are an insured. Your trustees are also insureds, but only with respect to their duties as trustees. We will not pay "data breach expenses" in D. DEDUCTIBLES excess of the applicable limit of insurance for We will not pay for "data breach expenses" until Data Breach - Response Expenses that is the amount of loss shown on the Coverage Part Declarations. deductible shown RA�DMsiun Jy/ w F\'x REVIEWED & APPROVED BY: Form SS 00 47 03 16 �� V © 2016, The Hartford -- Wsk Pjanagement Analpt