Broker Resources

Premiums start at a few hundred dollars for very small practices to a few thousand dollars and up for average sized practices and healthcare facilities. SafeHealth offers limits as little as $250,000 at competitive premiums.

SafeHealth has a sublimit on two modules of coverage, but no sublimit can be higher than the aggregate limit of the SafeHealth policy.
Ransomware and Extortion: $250,000 to $1,000,000 based on purchase. For our best risks we a clean app we can allow full limits up to $5,000,000.
Social Engineering and Crime: On the primary policy we can allow up to $500,000 in sublimits. Additional limits may be available on an excess basis. Talk to your underwriter to find out more.

Please talk to your underwriter for additional context about this question.

The SafeHealth policy was designed to provide coverage for the insured’s technology and telecommunications providers. The coverage is in the definition of “your computer system”.

Please talk to your underwriter for additional context about this question.

It isn’t necessary to first receive a declination from the HPL insurer for a claim that clearly isn’t covered in order to trigger coverage under SafeHealth. We do see this concern raised from time to time because many HPL policies have coverage for HIPAA and some have small cyber sidecar endorsements. In addition, SafeHealth includes medical billing/regulatory liability, bodily injury, and even some products liability coverage, so there are significant areas of crossover between MPL/HPL and cyber risk policies.

In practice, healthcare provides typically experience data breaches, cyber theft (fraudulent funds transfers), or ransomware events and such events usually trigger multiple coverage modules under SafeHealth and in some cases those claims may also trigger some liability and/or cyber endorsement coverages under the LPL. This is where SafeHealth where designed to outperform standard policies. Under SafeHealth we can be primary, excess, or both depending on the facts of the claim. Also, depending on our position (primary or excess), we can recognize erosion of our deductible or infill another carriers deductible. It puts the insured in the best position to recover the maximum amount for a single claim without paying multiple deductibles.

To be clear, when significant cyber events happen that trigger SafeHealth and may also impact the HPL/MPL, we don’t wait around for a resolution. It’s in everyone’s best interest for us to become involved right way to mitigate and resolve the claim. Cyber claims are somewhat unique because they will become much larger if they are not aggressively mitigated immediately.

A difference-in-conditions policy is designed to fill in specific gaps left by standard insurance policies. It provides additional limits, and was typically sought after by large organizations. As a standalone policy, SafeHealth is highly customized to your firm’s cyber risks without conflicting with your HPL/MPL policy.

For example: Our difference-in-conditions policy, SafeHealth, broadens your firm’s coverage in 3 specific ways:

1. Primary cyber coverage wherever the HPL gaps exist
2. Primary cyber coverage “side-by-side” with your HPL if their policy only provides partial coverage
3. Provide excess coverage above any cyber risk the HPL may cover