Orange County NC Website
<br />EPS++ <br />tech + pro + media + security + privacy <br /> <br />GSL2302XX (Ed 6/11) <br />Page 2 <br />Copyright © 2011 CNA. All Rights Reserved. <br />B. REIMBURSEMENT COVERAGES <br />If the Insuring Agreement has been purchased, as indicated in the Declarations, the Insurer will reimburse the <br />Insured Entity: <br />1. Privacy Event Expense Reimbursement <br />for Privacy Event Expenses, up to the Privacy Event Expenses limit of liability and in excess of the <br />Privacy Event Expenses retention; <br />2. Extortion Demand Reimbursement <br />for Extortion Payments up to the Extortion Payment limit of liability and in excess of the Extortion <br />Payment retention; <br />3. Privacy Regulation Investigation <br />for Privacy Regulation Investigation Expense up to the Privacy Regulation Investigation Expense limit <br />of liability and in excess of the Privacy Regulation Investigation Expense retention. <br />C. FIRST PARTY BUSINESS INTERRUPTION COVERAGE AND EXTRA EXPENSE <br />If the Insuring Agreement has been purchased, as indicated in the Declarations, the Insurer will pay the Insured <br />Entity all First Party Loss in excess of any applicable retention and up to the applicable limit of insurance that <br />the Insured Entity incurs due to an Exploit that causes Network Impairment during the Policy Period. <br />D. HOW COVERAGE APPLIES <br />1. The coverages provided under paragraph A. above apply only if: <br />a. prior to the inception date of this Policy or the first such policy issued and continuously renewed by the <br />Insurer, of which this Policy is a renewal, whichever is earlier; <br />1. no Executive Officer knew or should have known that any such Wrongful Act, or Related Wrongful <br />Acts, might result in such Claim; <br />2. such Wrongful Act has not been the subject of any notice given under any prior policy; <br />b. such Wrongful Act occurred on or after the applicable Retroactive Date as set forth in the Declarations <br />and prior to the end of the Policy Period; and, <br />c. the Claim is reported to the Insurer in accordance with Section VI. CONDITIONS, paragraph B. NOTICE <br />OF CLAIM OR CIRCUMSTANCE/PRE-CLAIMS ASSISTANCE/DATE OF CLAIM. <br />2. The coverages provided under paragraph B. above apply only if: <br />a. the Privacy Event is first discovered, the Extortion Demand is first made or Privacy Regulation <br />Investigation is first initiated during the Policy Period; and, <br />b. the Privacy Event Expenses, Extortion Payments or Privacy Regulation Investigation Expenses are <br />incurred within twelve months after the date that the Insured reports the Privacy Event, Privacy <br />DocuSign Envelope ID: 57A293A7-E790-41D7-BF18-E42777ABBC47