In a digitally connected world, personal and financial information moves seamlessly across devices and platforms. That connectivity also introduces exposure to ransomware, digital extortion, impersonation, and AI‑enabled fraud, which can result in unauthorized transactions, financial loss, or liability to others following a compromise. Proactive protection helps ensure this risk remains managed and does not become a personal loss reflected in growing cyber‑incident statistics.
The Problem:
The FBI’s Internet Crime Complaint Center (IC3) received over 9 million individual (non-business) complaints of malicious activity in 2024 resulting in over $16 billion in losses (a 33% increase from 2023).
Cyber Attacks
Malware infects your computer or home network.
Identity Theft/Fraud
Illegal bank or credit card transfers, forgery or phishing attacks.
Cyber Extortion
Criminal holding computer access, files or other data hostage.
Data Breaches
Stolen personal information, improper publishing or posting.
Cyber Bullying
Harassment of you or your family online.
Transfer Fraud
You or others are tricked into sending/transferring money to a criminal.
The Solution:
GS Private Client, in partnership with an A+ rated insurance carrier, has developed a personal cyber insurance program with coverage tailored to the needs of HNW families and individuals operating in an increasingly digital world.
This coverage delivers comprehensive personal cyber protection spanning financial fraud, identity theft, device replacement, ransomware, cryptocurrency risk, privacy liability, and advisor-related exposures—integrating modern cyber risks with relationship-protective policy features in a single, cohesive program.
Cyber Crime, Phishing & Funds Transfer Fraud
Provides coverage for financial losses resulting from phishing, social engineering, credential theft, fraudulent wire instructions, and other cyber-enabled schemes when recovery from a bank or card issuer is unavailable. Coverage applies to theft of money, securities, or cryptocurrency, including losses involving authorized Registered Investment Advisors (RIAs) acting on behalf of the insured.
Ransomware & Cyber Extortion Response
Covers ransom payments and related crisis-response costs, including forensic and IT experts, following ransomware and cyber extortion events caused by malicious links, infected files, or compromised systems. Defense and settlement provisions are structured to limit insured cost-sharing when claims are reasonably contested.
Identity Theft, Credit Restoration & Monitoring
Covers expenses arising from identity theft, including credit reports, continuous credit monitoring, fraud alerts, legal fees, and professional services required to restore identity and credit. Protection applies broadly across the household, including adult family members residing with the insured.
Credit Card, Debit Card & Check Fraud
Provides coverage for financial losses resulting from unauthorized use of credit cards, debit cards, bank cards, or forged checks, including situations where cards or checkbooks are lost, stolen, or compromised. Coverage applies to amounts not recoverable from the issuing financial institution.
Data Recovery, Malware Removal & System Restoration
Pays for the cost to recreate, restore, or replace personal data lost or corrupted by a hacking event, as well as the cost to retain qualified IT professionals for malware removal and system recovery following a cyber incident.
Cryptocurrency Theft Protection
Reimburses losses resulting from the theft of cryptocurrency caused by hacking attacks against personal computers or electronic devices, including scenarios involving authorized third-party advisors. Subject to sublimit.
Privacy Liability, Breach Notification & Legal Defense
Covers breach notification costs, credit monitoring for affected individuals, legal defense expenses, settlements, and judgments arising from the loss, theft, or unauthorized disclosure of private information in the insured’s care, custody, or control, including nonprofit board or volunteer activities. Modern ISO and HNW personal liability forms (Homeowners and Umbrella) incorporate electronic data and privacy exclusions that bar defense and indemnity for cyber triggered liability, including negligence based disclosure claims, absent a separate cyber insuring agreement.
Bricking Loss – Electronic Equipment Replacement
Covers the cost to replace personal computers and electronic equipment rendered permanently unusable due to unauthorized or malicious reprogramming of software or firmware (“bricking”), including hacker-driven attacks that do not cause physical damage.
- $10,000 per claim / $10,000 aggregate sublimit
- Replacement with functionally equivalent equipment (up to 125% of replacement cost)
- Applies to loss of use, even in the absence of physical damage
Cyber Support Services
Free Suite of Protection and Prevention Services
Each GSPC Personal Cyber Insurance Program policyholder will have access to a free suite of protection and prevention services accessible from your computer and mobile phone, including Tri-Bureau Credit Monitoring, Dark Web CyberScan Monitoring, TransUnion Alerts for financial fraud, Vantage 3.0 Credit Score Monitoring, SocialSentry Social Media Privacy and Fraud Protection, Credit Lock by TransUnion, Lost Wallet Coverage, Safe WiFi with Encrypted VPN, and other fraud protection services.
Online Personal Cyber Center
Online training, videos, and tools about safeguarding personal information as well as data privacy experts available for phone consultation.
Access to 24/7 Cyber Incident Response
As a policyholder, you have 24/7 access to the Tokio Marine HHC Cyber Claims Team to answer any questions and response immediate to any incident.
Policy & Endorsement Links
NetGuard® Select Insurance is underwritten by TMHCC – CPLG on our Houston Casualty Company Policy Form, version NGS 1000 (1.2020), and endorsed with the following:
Cryptocurrency Sublimit – NGS 1037-112021
Service of Suit – NGS 1034 (1.2020)
Policyholder Disclosure Notice of Terrorism Insurance Coverage – NGS 1035 (1.2020)
Nuclear Incident Exclusion – NGS 1036 (5.2020)
War and Cyber Operation Exclusion – NGS 1039 (1.2024)
Operating System Event Exclusion – NGS 1040 (4.2024)
Widespread Event Exclusion – NGS 1043 (3.2026)
Deepfake Response Sublimit – NGS 1047 (3.2026)
Golsan Scruggs Cyber Amendatory – NGS 1048 (3.2026)
Summary of GSPC Cyber Insurance Program Options
Option #1
- $720Annual
-
- Per Claim Limit: $250,000
- Aggregate Limit: $250,000
- Deductible: $1,000 Each Claim
- * Premium includes estimated state-specific taxes/fees
Option #2
- $1,805Annual
-
- Per Claim Limit: $500,000
- Aggregate Limit: $500,000
- Deductible: $1,000 Each Claim
- * Premium includes estimated state-specific taxes/fees
Option #3
- $2,705Annual
-
- Per Claim Limit: $1,000,000
- Aggregate Limit: $1,000,000
- Deductible: $1,000 Each Claim
- * Premium includes estimated state-specific taxes/fees
Apply Today
Complete our Golsan Scruggs cyber program application in five minutes to protect yourself from today’s cyber threats. Subject to underwriting approval, Applicant understands and acknowledges that coverage will be bound on the next business day.