BEAN SPROUTS, LLC (2) - Laserfiche WebLink

Home Browse Search

DATA BREACH COVERAGE - DEFENSE AND LIABILITY shall reimburse us for that part of the 4. If, during the "policy period", you become deductible amount you owe within sixty (60) aware of any "data breach" that may lead to a days. We will be entitled to recover reasonable "data breach claim" and if written notice of attorney's fees and other costs incurred in such "data breach" is provided to us during the collecting the deductible amount you owe. "policy period", then any "data breach claims" 5. The limit of liability will not be reduced by the arising from that "data breach" shall be amount of any "loss" within the deductible deemed to be a "data breach claim" first made amount unless (but only to the extent that) during the "policy period", on the date when such "loss" has been paid by us and not we receive such notice, provided that the reimbursed by you. notice to us contains all of the following information: 6. If you agree with a request we make to submit a "data breach claim" made against you to a. The method of "data breach"; mediation or binding arbitration under the b. The approximate date and time of the terms and conditions we specify, and the "data "data breach"; breach claim" is resolved through such c. The approximate number of files mediation or binding arbitration, then we will compromised as a result of the "data reduce the deductible amount stated in the breach"; Coverage Part Declarations by fifty percent (50%). While the right to submit a "data breach d. A detailed description the type and claim" to mediation or binding arbitration shall nature of the information ion that was be ours, no "data breach claim" shall be compromised; submitted to mediation or binding arbitration e. Whether or not the information was under this paragraph without your prior written encrypted, and, if so, the level of consent. In the case of such resolution encryption; through mediation or binding arbitration, the f. Whether or not law enforcement has been maximum dollar amount by which the notified; deductible will be reduced under this paragraph is $10,000. g. If available, the place of domicile for all persons whose "personally identifiable C. NOTICE OF CLAIM information" was the subject of a "data 1. As a condition precedent to coverage, the breach"; Insured(s) shall provide us with notice of any h. If available, who received the information "data breach claim" within 30 days after you contained in the "data breach". receive notice of the claim, and in no event later than 30 days after the "policy period". D. YOUR DUTIES WITH RESPECT TO "DATA BREACH CLAIMS" 2. All "data breach claims" arising from the same "data breach" shall be considered as one "data 1. You must cooperate with us in the breach claim", first made on the earliest date investigation, settlement or defense of the that: "data breach claim", and assist us, upon our request in the enforcement of any right of a. any such "data breach claim" was first recovery regarding any payment of "loss" made, whether such date is before or under this Coverage Part. You shall execute during the "policy period"; any and all papers required, and do everything b. notice of the "data breach" was provided necessary to secure and preserve such rights, to us pursuant to section C. 4., below; or, including the execution of any documents c. notice of the "data breach" was provided needed to enable us to bring suit in your pursuant to any other insurance policy. name. You shall do nothing to prejudice our position or any potential or actual rights ofrecovery. 3. All "data breach(es)" that occur at the same time, or are caused by the same act, error, omission, defect or deficiency, or series of 2. You may not, except at your own cost, related acts, errors, omissions, defects or voluntarily make a payment, assume any deficiencies, shall be considered to be a single obligation, or incur any expense without our "data breach", regardless of the number of prior written consent. claimants, or the number of entities that 3. You must take all reasonable steps to protect obtained access to the "personally identifiable "personally identifiable information" remaining information" involved in the breach. in your care, custody or control. y e cF ILLi3RMwag'm2dDMsiOR Jy/ 1°x REVIEWED & APPROVED BY.- Pp Page 2 Of 5 Rusk janagement Analpt