Cyberbullying insurance is available in the U.S.
One global insurance company will soon offer cyberbullying insurance in the United States.* It would be an add-on to an existing homeowner’s policy. The coverage is part of Chubb’s optional “Family Protection” package. Reportedly, the package costs about $70 a year and addresses hazards such as home invasion, stalking, child abduction, carjacking, and now, in New Jersey, Colorado, Illinois, Indiana and Wisconsin, cyberbullying.
The insurance is not intended to protect you from being a victim of cyberbullying: it protects you from having to pay damages as a result of getting in trouble for being falsely accused of being a bully. The company defines cyberbullying as three or more acts by the same person or group to harass, threaten or intimidate someone.
This new insurance benefit seems to be a shift toward acknowledging just how damaging cyberbullying can be.
For more on this, Google “cyberbullying insurance.”
*Coverage is already available in England and Ireland.
Photo by Sharon Pruitt