What is Reputational Harm Loss | Insurance glossary by upcover

This benefit compensates for income loss due to reputational damage from data breaches or online crises. For instance, if a client cancels contracts after a publicised hack, the insurer covers short-term revenue loss. It may also fund PR support to rebuild image. Linked term: see Public Relations Costs Extension. Why it matters: It protects long-term client relationships after public incidents.

Related Terms

Cybercrime & Fraud Cover (Business Pack)

Electronic Data Recovery (Business Pack)

Data Breach Cover (Business Pack)

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Related Term

Cybercrime & Fraud Cover (Business Pack)

Electronic Data Recovery (Business Pack)

Data Breach Cover (Business Pack)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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