If your company gathers and disseminates information, then you face the same litany of media liability exposures as a publisher, broadcaster, advertising agency, video or film producer, or any other media organization. Chubb’s MediaGuard policy offers professional liability protection for both traditional and non-traditional media organizations.
Coverage Highlights
Coverage
- Occurrence form covers activities that occur during the policy period, regardless of when the claim is first made
- “All risk” coverage goes beyond specified “named perils” to include risks arising out of the core functions of advertising, broadcasting, publishing, and video and film production
- Built-in coverage for advertising content
- Negligent publication coverage for any claim alleging harm to a person or entity that acted or failed to act in reliance upon the information published
- Customer fully controls whether to settle or retract content and can choose between reimbursement of defense costs or duty to defend.
- No “insured versus insured” exclusion with respect to internal copyright disputes
- Punitive damages coverage, where insurable by law
- Minimum of 90 days coverage for acquisitions and creations (organizations, covered media) with potential for automatic coverage until the end of the policy period (depending upon actual or projected revenues)
- Internet Liability clause with automatic coverage for websites created following policy inception
Related Materials
Media Liability Insurance Programs
Compliance Complications
Chubb Media liability expert, Patricia Kocsondy, highlights the intricate legal issues inherent in online revenue-generating enterprises.