ADJUSTERSINTERNATIONAL.COM 15 We’ll leave it to readers to do their own “back of the envelope” calculations of the recovery. Our point here is that, even if income losses could be so neatly assigned to different perils, there are still important determinations that would have to be made: • Can the additional data loss coverages in the income and equipment forms be tapped to fill in for the cyber deductible? • What responsibility would the property insurer have for “equipment” or “cyber” income losses that extend beyond the limits and the restoration/extended indemnity periods of the equipment breakdown and cyber policies? … even if income losses could be so neatly assigned to different perils, there are still important determinations that would have to be made … Readers can certainly imagine other complicating factors. Sargent, of Tennant Risk Services, observes that, “because of the complexity of some cyber events, there could be partial coverage under even more policies, so coverage questions may not be purely binary” (one policy or the other). The potential complexity of simultaneous income claims doesn’t end with property, equipment breakdown and cyber coverages, although we focused on these because they address core operations in a growing number of enterprises.
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