Does the Data Recovery section include non-electronic data?

  • Does Insuring Agreement 4: (Data Recovery and Loss of Business Income Coverage) also cover lost data which was not stored on computer hardware?
  • No, although loss of data is covered, the cover is limited to machine readable information (which excludes paper copies)
  • Example: The Insured is a data capturing company which captures ‘new business application forms’ on behalf of its customer. However, before being captured many of these forms are accidentally shredded 
Cyber Risk