The Property Insurance Trap Nobody Reads Until It’s Too Late If cyber insurance will not pay for spoiled stock, the obvious next question is whether a standard property policy will.
A retailer can own a cyber policy and a property policy and still find itself without coverage for the exact scenario that just emptied its freezers.
Cyber Insurance vs Property Insurance vs Specialist Cover The clearest way to see the cyber insurance physical damage exclusion problem is side by side.
First, confirm in writing whether the cyber policy excludes physical damage and spoilage, and whether the property policy excludes cyber-triggered losses.
Why doesn’t a standard property policy cover it either?