In today’s connected environment, cyber security is a widespread concern. All too often, businesses do not fully understand their organisation’s cyber and data privacy risks until an event occurs. Any company can be affected by a breach of sensitive customer or employee information. Even the loss of a single laptop, if not properly managed, can turn into a public relations disaster. This product is underwritten by our insurance partner, Chubb Insurance Singapore Limited.

 

Key CoveragesExcluded Industries (for straight-through online application) 
  • Business Interruption and Data Recovery 
    Loss of profits, as well as recovery expenses due to a network security failure or attack, human errors, or programming errors.

  • Incident Response 
    Forensic IT services; Crisis communications and reputational mitigation; Legal advice and investigation costs, supported by incident reporting hotline and local vendor.

  • Third Party Claims 
    Legal liability resulting from cybersecurity breaches, including failure to maintain confidentiality of data, payment for fines and penalties. Regulatory investigations or enforcement proceedings expenses will also be covered.

  • Network or Data Extortion / Blackmail

  • Worldwide Cover
  • Adult Content Sites 
  • Credit Bureaus 
  • Credit Card Processor 
  • Data Aggregators 
  • Data Processors (BPO’s) 
  • Financial Institutions, Security and Commodity Brokers 
  • Hospitals 
  • Online Exchanges, Stock Exchanges, Virtual Currency Exchanges 
  • Payment Gateways 
  • Social Networking Sites 
  • Telecommunications, Internet Service Providers, Application Service Providers, Cloud providers, Search Engine Providers 
  • Universities 
  • Utilities (Water, Electricity, Energy etc) including Critical Infrastructure

 

Pre-underwritten Plans:

Premiums indicated are in Singapore dollars and excludes GST, which is payable in addition. 
A deductible (waiting period) of 8 hours applies following a business interruption incident.

 

To proceed, please select your preferred plan below. The plans coverage limits are subjected to the terms and conditions of the policy. To qualify for the straight-through online application, please find the underwriting criteria here.

You may find the Cyber Insurance brochure here. If you would like to speak to us to find out more about the Cyber Insurance product, you may reach out to us via here.

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Cyber Insurance Application Form

Cyber Insurance Application Form

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By proceeding, you acknowledge that you have read, fully understood and accept the following terms and conditions below:

1. The information you provided to us in the application form is true and accurate. Failure to disclose the right information in the application process may render the policy as void and your claims may not be permissible.
2. You hereby declare that you have read and understood the benefits, information and the terms and conditions relating to this insurance product.
3. If your nature of business falls under the excluded industries, your application will be routed to Chubb Insurance Singapore Limited for a further review.
4. Upon submitting this request, 
     a. Your information will be provided to Chubb Insurance Singapore Limited for policy processing and billing purpose. You consent to us disclosing your information to Chubb Insurance Singapore Limited for the mentioned purpose.
     b. If it’s successful, your policy will be issued within 7 working days as a sales representative from Chubb Singapore Limited will be contacting you on your insurance purchase.
     c. If your application requires a further review, a sales representative from Chubb Insurance Singapore Limited will be following up with you on your application within 2 working days.
5.You confirm that you have read, fully understood and accept the Terms and Conditions and DBS Privacy Policy relating to the collection, processing, use of personal data.


By providing your business contact information in this form, we may periodically send you electronic direct mailers on updated information and new services relating to DBS.
 

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