Chubb to roll out personal cyber coverage in Canada

Masterpiece Cyber Protection will be offered as a supplement to Masterpiece Homeowners policy

Chubb has announced it will be rolling out its Masterpiece Cyber Protection product in Canada this year.

Offered as a supplement to Chubb’s Masterpiece Homeowners policy, the new coverage is designed to offer individuals and families protections from cyberattacks that lead to extortion and ransomware, financial loss, cyberbullying, cyber disruption and breach of privacy.

Policyholders will also be able to access discounted third-party resources that can help them secure networks and mobile devices, and spot signs of online manipulation.

“Personal cyber protection is no longer a ‘nice to have,’ but rather a ‘must have,’” said Michael Tanenbaum, executive vice-president of Chubb’s North America Cyber Practice. “Simply clicking on the wrong email or downloading a new app could put your personal data in the wrong hands.”

Key benefits of Masterpiece Cyber Protection include:

  • Protection against threats to release your personal information, holding your files for ransom, and destruction of your personal network;
  • Protection provided against loss of account funds from a cyber attack and related expenses;
  • Assistance dealing with online harassment from cyberbullying;
  • Support dealing with cyberattacks that prohibit you from accessing your home, or attacks interrupting a small business you operate from your home;
  • Aid in dealing with theft, loss or unauthorized access to personal data from a cyber attack;
  • Assistance in resolving identity theft.

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Copyright © 2018 Transcontinental Media G.P.
Transcontinental Media G.P.