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Policy provides cyber liability protection, risk resources

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RLI Insurance Co.’s executive products group has launched a new cyber liability insurance product.

RLI’s cyber liability insurance policy offers first- and third-party coverage options for medium-size and large firms to protect against financial losses and damages resulting from cyber attacks and data breaches, the company said Monday in a statement.

Limits up to $10 million are available, an RLI spokesman said in an email.

Additionally, the coverage provides access to risk management tools and resources through NetDiligence’s eRiskHub, according to the statement.