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What happens if I already have cyber insurance?
Having two cyber insurance policies can lead to potential conflicts
and complexities during the claims process. Both insurers may dispute
their respective responsibilities, causing delays and uncertainties in
getting compensation. Overlapping coverage might also result in higher
premiums without providing additional benefits. Additionally, the insurers
may impose sub-limits, reducing the overall payout.
It is essential to review policy terms beforehand and inform providers to
avoid negative implications.
For more information contact us on 01444 871200 or email hello@abcom.co.uk