Frequently Asked Questions

Will my spouse need to be listed as an additional named insured in order to be covered on my NetGuard® Select policy?

No, your NetGuard® Select policy will extend coverage to any individual defined as a family member per the policy definition. This includes your spouse or registered domestic partner, any minor, or other persons related to the Named Insured by blood, marriage, or adoption.

What is the minimum net worth in order to qualify for the coverage?

There is no minimum net worth required for an individual to qualify for this coverage.

Does anyone qualify for the pricing on the program packet?

No, the program packet is reserved for individuals with a net worth less than $1 billion.  Individuals who have a net worth exceeding $1 billion, considered professional athletes, or celebrities do not qualify for the pricing listed on the program packet and will have to be individually underwritten.  

If I experienced a personal cyber loss in the past, can I still qualify for the coverage?

A prior personal cyber loss may not preclude you from obtaining coverage. However, you will need to provide details pertaining the loss including when it happened, what happened and total expenses paid.

What are the competitive advantages of your product in the marketplace?

Coverage under this program is offered as a standalone product, with its own limit. You are not required to have homeowners insurance placed with a specific insurance carrier to qualify to have this coverage. Our policy covers data extortion, cyber crime and breach event costs, which other insurance companies may not offer.

What is IDX?

Tokio Marine HCC – Cyber & Professional Lines Group has partnered with IDX, a ZeroFox company and a leading consumer privacy platform that provides a comprehensive suite of protection and prevention services accessible on your home computer and mobile phone. The program packet lists the suite of services available once you purchase the insurance and opt in for services with IDX. More information about the program can be found at www.idx.us/tmhcc.

Is there any additional premium applied in order to use IDX?

No, IDX’s services are free to you as a policyholder. However, IDX activation is not automatic. You will need to opt into the service after you receive your policy documents. 

Will my business trust or business assets be covered under this policy?

No, this policy does not extend ANY coverage to your business trust or business assets. This is strictly a personal lines cyber product.