Notification Costs definition
Examples of Notification Costs in a sentence
Information Security and Privacy Liability Insurance including Privacy Notification Costs (including coverage for Technology Professional Liability if not covered under Licensor’s Professional Liability/Errors and Omissions Insurance referenced above) in the amount of $5,000,000, per occurrence.
Information Security and Privacy Liability Insurance including Privacy Notification Costs (including coverage for Technology Professional Liability if not covered under Licensor’s Professional Liability/Errors and Omissions Insurance referenced above) in the amount of $3,000,000, per accident/occurrence/annual aggregate, covering the Licensor, its employees, agents, contractors, and subcontractors in the performance of all services.
The Retention amount set forth in Item 5.A.2. of the Declarations applies separately to each incident, event or related incidents or events, giving rise to an obligation to pay Privacy Notification Costs arising out of the acts or operations of an Insured with TIV up to $500,000,000 at the time of inception.
Does not include Defense Costs or Privacy Breach Notification Costs.
The Retention shall be satisfied by monetary payments by the Named Insured of Privacy Notification Costs.
The Each Incident Retention shall be satisfied by monetary payments by the Named Insured of Privacy Notification Costs.
Information Security and Privacy Liability Insurance including Privacy Notification Costs (including coverage for Technology Professional Liability if not covered under the Licensor’s Professional Liability/Errors and Omissions Insurance referenced above) in the amount of $3,000,000, per accident/occurrence/annual aggregate, covering the Licensor, its employees, agents, contractors, and subcontractors in the performance of all services.
The Retention amount set forth in Item 4.B. of the Declarations applies separately to each incident, event, or related incidents or events, giving rise to an obligation to pay Privacy Notification Costs.
The sublimit stated in Item 3.B. of the Declarations is aggregate sublimit payable under this Policy for all Privacy Notification Costs covered under Insuring Agreement B.
The Insurer will reimburse, or pay on behalf of, the Insured for Privacy Breach Notification Costs resulting from an actual or suspected Privacy Breach that is Discovered during the Policy Period, or any applicable extended reporting period.