CyberMax Protects

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Welcome To CyberMax Protects

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A Division of Granite Insurance Brokers, Inc.

The CyberMax Protects Program Includes
Over $10,000 in Market Value:

    1. Affordable & Instant Cyber Insurance Coverage
    2. External Vulnerability Scan (IP/Domain)
    3. Organizational Security Assessment 
    4. Security Posture Assessment
    5. Office 365 or Google Workspace Security Review
    6. 10 Free MDR Licenses (Managed Detection & Response)
    7. Free Cyber Security Awareness Training for Employees
    8. Phishing/Wire Fraud Prevention Training Policy/Template

Certificate of Insurance (COI)

View and print a COI and policy for your records.
(Member ID required)

Claims & Breach Support

Need support or claims assistance?

Vulnerability
Scan

Run a scan and gain an understanding of your network's security posture.
(Member ID required)

Training &
Resources

Access your CyberMax program benefits here.

Opt-Out of CyberMax Protects Program
Policy Overview
  • Aggregate Limit of Liability - $250,000 (Annual)
  • Retention Deductible - $1,000 (Per Claim)
  • Admitted Policy Form
  • No-Touch Auto-Renewals
  • Claims Made & Reported
  • Worldwide Coverage
Coverage Details

Coverage for Claims Brought Against The Insured 

(Third Party Liability)

  • Privacy and Network Liability - $250,000
  • Regulatory Fines and Penalties - $250,000
  • Payment Card Penalties - $250,000

Coverage for the Insured’s Direct Loss  

(First Party Liability)

  • Ransom Payment - $10,000
  • Data & System Recovery - $10,000
  • Bricking - $2,500
  • Cyber Event Expenses - $50,000
  • Notification
  • Call center
  • Credit Monitoring
  • Public relations
  • Forensics
  • Associated Legal Expenses
  • Cyber Deception - $10,000
  • Fraudulent Instruction
  • Funds Transfer Fraud
  • Telephone Fraud
This is a brief overview of coverage and is not a legal contract. The actual policy with endorsements should be reviewed for specific terms, conditions, limitations and exclusions that will govern in the event of loss.

Cyber Attacks Target Small Businesses.

73%

of US small businesses experienced a cyber-attack in 2023.
- Infosecurity Magazine

350%

more social engineering attacks are experienced by small business employees than those at large businesses.
- PR Newswire

$200k

is the average cost of a cyber-attack for small businesses.
- CNBC

43%

of cyberattacks are aimed at small businesses, and yet, only 14% are adequately prepared to defend themselves
- U.S. Small Business Administration

Cyber Liability Program Cancellation Warranty Statement

By signing this warranty statement, the undersigned acknowledges and agrees to the following:

Cyber Insurance Coverage Warranty

  • I warrant that our company maintains active cyber liability insurance coverage with another carrier, providing protection against cyber risks, data breaches, and related liabilities.

Loss of Coverage & Financial Risk

Upon cancellation, the policyholder will no longer have protection against cyber-related incidents, including but not limited to:

  • Data breaches and theft of sensitive information
  • Ransomware and extortion demands
  • Business email compromise and phishing attacks
  • Regulatory fines and legal costs associated with cyber incidents
  • Business interruption due to cyberattacks

Responsibility for Uninsured Losses

  • The policyholder understands that any financial losses, legal liabilities, or damages resulting from a cyber event occurring after the cancellation date will be solely their responsibility.

Regulatory & Compliance Risks

  • The policyholder acknowledges that certain industries and jurisdictions require cyber liability coverage to comply with data protection laws (e.g., GDPR, CCPA). Cancellation may result in non-compliance and potential penalties.

Final Acknowledgment & Release

  • The policyholder releases the insurer and its affiliates from any claims, disputes, or liabilities arising from the lack of cyber liability coverage follow in cancellation.
  • The undersigned confirms that they have reviewed the risks associated with the cancellation and understand the potential consequences.
Continue With Cancellation
Keep My Cyber Insurance Program