2025-378-E-IT Dept-RecTrac-Remove CYMS module

Browse Search

Docusign Envelope ID:C101DF94-8EEA-4210-A163-1FB71C9DF46C CNA E PS+ tech + pro + media + security + privacy B. REIMBURSEMENT COVERAGES If the Insuring Agreement has been purchased, as indicated in the Declarations, the Insurer will reimburse the Insured Entity: 1. Privacy Event Expense Reimbursement for Privacy Event Expenses, up to the Privacy Event Expenses limit of liability and in excess of the Privacy Event Expenses retention; 2. Extortion Demand Reimbursement for Extortion Payments up to the Extortion Payment limit of liability and in excess of the Extortion Payment retention; 3. Privacy Regulation Investigation for Privacy Regulation Investigation Expense up to the Privacy Regulation Investigation Expense limit of liability and in excess of the Privacy Regulation Investigation Expense retention. C. FIRST PARTY BUSINESS INTERRUPTION COVERAGE AND EXTRA EXPENSE If the Insuring Agreement has been purchased, as indicated in the Declarations, the Insurer will pay the Insured Entity all First Party Loss in excess of any applicable retention and up to the applicable limit of insurance that the Insured Entity incurs due to an Exploit that causes Network Impairment during the Policy Period. D. HOW COVERAGE APPLIES 1. The coverages provided under paragraph A. above apply only if: a. prior to the inception date of this Policy or the first such policy issued and continuously renewed by the Insurer, of which this Policy is a renewal, whichever is earlier; 1. no Executive Officer knew or should have known that any such Wrongful Act, or Related Wrongful Acts, might result in such Claim; 2. such Wrongful Act has not been the subject of any notice given under any prior policy; b. such Wrongful Act occurred on or after the applicable Retroactive Date as set forth in the Declarations and prior to the end of the Policy Period; and, c. the Claim is reported to the Insurer in accordance with Section VI. CONDITIONS, paragraph B. NOTICE OF CLAIM OR CIRCUMSTANCE/PRE-CLAIMS ASSISTANCE/DATE OF CLAIM. 2. The coverages provided under paragraph B. above apply only if: a. the Privacy Event is first discovered, the Extortion Demand is first made or Privacy Regulation Investigation is first initiated during the Policy Period; and, b. the Privacy Event Expenses, Extortion Payments or Privacy Regulation Investigation Expenses are incurred within twelve months after the date that the Insured reports the Privacy Event, Privacy GSL2302XX (Ed 6/11) Page 2 Copyright©2011 CNA. All Rights Reserved.