Data breaches are now more frequent and sophisticated, resulting in greater damage to a physician’s reputation and financial health.
That’s why CAP membership includes a CyberRisk Liability policy at no additional charge.
For CAP solo physician members, this policy provides up to $50,000 in coverage and up to 5,000 patient notifications in the event of a data breach. Each patient notification could cost $20 to process. So that’s $50,000 in coverage and $100,000 in notification expenses.
For CAP member groups with 2 – 10 physicians, the policy provides up to $100,000 in coverage and up to 50,000 patient notifications. The coverage limit and notifications are higher for CAP member groups with more than 10 physicians. And the policy comes with a risk management tool to help you avoid potential claims and take steps to protect your practice!
And the CAP Physicians Insurance Agency can help you assess whether additional coverage is required to ensure adequate protection. You are eligible to purchase coverage with additional limits of up to $1 million.
Questions?
Interested in learning more about your coverage options?
Contact Dee Hoppe, Vice President, CAP Physicians Insurance Agency, at
dhoppe@CAPphysicians.com or 800-819-0061.
See exactly what the policy covers, from Network Security and Privacy to Cyber Extortion and much more!
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