What is personal cyber insurance?
Technology makes life easier. It also brings more risk. A cyber policy provides a range of coverages to help protect you and your family. It can help cover expenses related to a cyber attack, such as identity theft, fraud, ransomware, cyberbullying and more.
Blink® can help meet your cyber coverage needs. You can get $10,000, $25,000 or $50,000 of coverage. There's no deductible for identity theft and a $250 deductible for other coverages.
Who may need cyber insurance?
You may benefit from cyber insurance if any of the following applies to you or anyone in your household:
- You own a laptop, tablet, smartphone or other smart device.
- You use a smart home appliance like Google Home or Alexa.
- You use social media.
- You use a banking app or any online app.
- You manage money or investments online.
What does Blink® personal cyber insurance help cover?See note1
Blink® offers a range of protections for you, your information and your wallet. Take a look at these examples to get an idea of how cyber insurance might help you.
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Cyber Extortion
When your computer is hacked and you can't access it unless you pay someone, also known as a ransomware attack. Or when someone accesses your personal data and threatens to release it publicly unless you pay them. Cyber insurance may help pay the ransom.
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Cyber Financial Fraud
When a hacker steals cash from your bank account or makes fraudulent charges on your debit card. Cyber insurance may help reimburse you.
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Deceptive Transfer Fraud
When you receive a fraudulent invoice from someone pretending to be a person or company you do business with. If you transfer cash or investments to them, cyber insurance may help reimburse you.
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Cyber Breach of Privacy
When someone hurts your reputation by publishing personal or false information online. Cyber insurance may help pay for remediation services, legal fees and loss of income.
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Cyberbullying
When someone harasses you or your child online. It can happen to anyone at any age. Cyber insurance may help pay for psychiatric services, lost wages and, if needed, relocation services.
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Cyber Disruption
When a hacker accesses your smart home system and forces you to find a temporary place to live. Cyber insurance may help pay for relocation expenses.
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Identity Theft
When someone steals your identity and takes out loans or credit cards or applies for services under your name. Cyber insurance may help pay for services to restore your identity.
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Electronic Data Restoration
When a hacker accesses your computer and deletes or corrupts your data. Or when you accidentally download malware that deletes or corrupts your data. Cyber insurance may help pay to restore it.
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Electronic Device Replacement
When someone is fixing your computer and installs the wrong program, making your computer unusable. Cyber insurance may help pay for a replacement.
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Prior Knowledge
Losses resulting from circumstances that you knew about before having continuous cyber coverage provided by Blink®
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Pursuit or Holding of Public Office
Losses resulting from running for or holding an elected public office
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Confiscation
Losses resulting from a government or public authority taking or destroying your property
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Insolvency
Losses resulting from a financial institution's financial difficulties or restructuring
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Digital Currencies
Losses resulting from any activity involving digital currency that isn't authorized by a sovereign government as part of its currency, such as Bitcoin and Ethereum. An exception is made where digital currency is paid to extortionists as ransom under the Cyber Extortion coverage part.
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Liability to Others
Losses resulting from property damage or personal injury that affects others, and for which you may be legally liable or responsible. An exception is made for costs covered under the Cyber Financial Fraud coverage part.
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Travel Restriction
Losses you experience while in a place designated as a “Do Not Travel” area by the Bureau of Consular Affairs of the U.S. Department of State. This applies whether or not the loss is directly related to or in the location of such travel.
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Property Damage
Losses resulting from physical injury to, or the destruction of, physical property. Also excludes losses from your resulting inability to use that property.
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Acts by Certain People
Losses resulting from a malicious or fraudulent act, including a cyberattack, by:
- A family member.
- A current or former guardian.
- A current or former spouse or domestic partner.
- Anyone who currently lives or previously lived with you.
- Anyone acting on behalf of these individuals.
Also excludes losses resulting from a cyberbullying occurrence by an employer or coworker, or losses resulting from anyone acting on behalf of a civil authority.
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Investment, Gambling and Transactional Losses
Losses (excluded under the cyber financial fraud and deceptive transfer fraud coverage parts) you experience when:
- Your investments decrease in value.
- Someone misleads you about the value of a product, service or investment.
- Someone doesn't pay a loan you made to them.
- Someone fails to perform as agreed by contract.
- The U.S. Postal Service or a courier service loses money, financial securities or physical property.
- A product or service you purchased fails or malfunctions.
- You have gambling losses.
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Business Activities
Losses resulting from business activities. An exception is made for losses resulting from a cyberattack that interrupts your incidental business. An incidental business is one you run in whole or in part from your home.
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Widespread Events
Losses experienced as a result of a widespread event aren't covered. A widespread event is a single attack or failure that impacts a wide range of unrelated people or businesses. It can be caused by one person or a group.
What's Covered
When your computer is hacked and you can't access it unless you pay someone, also known as a ransomware attack. Or when someone accesses your personal data and threatens to release it publicly unless you pay them. Cyber insurance may help pay the ransom.
What's Not Covered
Losses resulting from circumstances that you knew about before having continuous cyber coverage provided by Blink
Losses resulting from running for or holding an elected public office
Losses resulting from a government or public authority taking or destroying your property
Losses resulting from a financial institution's financial difficulties or restructuring
Losses resulting from any activity involving digital currency that isn't authorized by a sovereign government as part of its currency, such as Bitcoin and Ethereum. An exception is made where digital currency is paid to extortionists as ransom under the Cyber Extortion coverage part.
Losses resulting from property damage or personal injury that affects others, and for which you may be legally liable or responsible. An exception is made for costs covered under the Cyber Financial Fraud coverage part.
Losses you experience while in a place designated as a “Do Not Travel” area by the Bureau of Consular Affairs of the U.S. Department of State. This applies whether or not the loss is directly related to or in the location of such travel.
Losses resulting from physical injury to, or the destruction of, physical property. Also excludes losses from your resulting inability to use that property.
Losses resulting from a malicious or fraudulent act. This includes a cyberattack by:
- A family member.
- A current or former guardian.
- A current or former spouse or domestic partner.
- Anyone who currently lives or previously lived with you.
- Anyone acting on behalf of these individuals.
Also excludes losses resulting from a cyberbullying occurrence by an employer or coworker, or losses resulting from anyone acting on behalf of a civil authority.
Losses (excluded under the cyber financial fraud and deceptive transfer fraud coverage parts) you experience when:
- Your investments decrease in value.
- Someone misleads you about the value of a product, service or investment.
- Someone doesn't pay a loan you made to them.
- Someone fails to perform as agreed by contract.
- The US Postal Service or a courier service loses money, financial securities or physical property.
- A product or service you purchased fails or malfunctions.
- You have gambling losses.
Losses resulting from business activities. An exception is made for losses resulting from a cyberattack that interrupts your incidental business. An incidental business is one you run in whole or in part from your home.
Losses experienced as a result of a widespread event aren't covered. A widespread event is a single attack or failure that impacts a wide range of unrelated people or businesses. It can be caused by one person or a group.
Personal cyber insurance FAQ
The cost of personal cyber insurance can vary based on the amount of coverage you need. Many insurance companies offer some form of cyber protection as an add-on to a homeowners or renters insurance policy. Blink® offers a standalone policy with different levels of protection. Prices start at $5.28 per month for $10,000 of coverage for you and your household.See note2
Other coverage you may need
More information
Have questions? Call Blink® at 833-550-9664 or email Blink® at hello@blinkinsured.com. 833-550-9664 or email Blink® at hello@blinkinsured.com.