2021-22 Declarations - Cyber ProgramDeclarations – Cyber Coverage
2021-2022 Property/Liability Coverage Documents Cyber Coverage: 1 of 3 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
MEMBER COVERED:Costa Mesa Sanitary District
290 Paularino Avenue
Costa Mesa, California 92626
Your District/Agency/City has elected to participate in the risk
financing coverage programs described below as “THE PACKAGE
PROGRAM” and in such other programs as are indicated herein. These
DECLARATIONS together with the Memorandum, the Beazley
Information Security & Privacy Insurance With Electronic Media
Liability Coverage Policy attached as Exhibit F, the terms and
conditions of the Sixth Amended and Restated Joint Powers
Agreement and Bylaws, or successor documents thereto, constitute
the entire agreement concerning risk-financing coverage between the
Special District Risk Management Authority and your
District/Agency/City.
Please read the Sixth Amended and Restated Joint Powers Agreement
and Bylaws of the Special District Risk Management Authority
(hereinafter “SDRMA”), or successor documents thereto, together
with the Memorandum of Coverages, hereinafter referred to as the
“Memorandum,” to ascertain all of your District's/Agency's/City’s
rights and obligations regarding its relationship with the Special
District Risk Management Authority.
COVERAGE PERIOD: July 1, 2021 at 12:01 a.m. to July 1, 2022 at 12:01 a.m.
RETROACTIVE DATE See Item 7 of Exhibit F.
Exclusions:Please refer to the exclusions as per the terms of the Exhibit F
COVERAGE(S)
LIMITS
Subject to NOTE 1 below
$ 2,000,000 Annual Aggregate Limit of Liability for each
Insured/Member for Information Security & Privacy
Liability. Each Member of a JPA will have a $2,000,000
Limit Each (Aggregate for all coverages combined,
including Claim Expenses) but sub-limited to:
$ 500,000 Annual Policy Aggregate Limit of Liability for each
Insured/Member Privacy Notification Costs coverage.
Limit is $1,000,000 if Beazley vendor services are used.
$ 2,000,000 Annual Aggregate Limit of Liability for each
Insured/Member for Claims Expenses and Penalties for
Regulatory Defense and Penalties
PCI Fines and Penalties coverage added with sublimit of
$2,000,000.
Declarations – Cyber Coverage
2021-2022 Property/Liability Coverage Documents Cyber Coverage: 2 of 3 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
NOTE 1:
$ 2,000,000 Annual Aggregate Limit of Liability for each
Insured/Member for or all Damages and Claims Expenses
for Website Media Content Liability (Occurrence Based)
$ 750,000 Policy Aggregate Sublimit of Liability for each
Insured/Member for Cyber Extortion Loss.
$ 750,000 Policy Aggregate Sublimit of Liability for each
Insured/Member for Business Interruption Loss Resulting
from Security Breach
$ 750,000 Policy Aggregate Sublimit of Liability for each
Insured/Member for Data Recovery Costs
$ 750,000 Dependent Business Loss resulting from Security Breach
$ 500,000 Annual Aggregate Limit of Liability for each
Insured/Member for Business Interruption Loss
resulting from System Failure.
$ 100,000 Annual Aggregate Limit of Liability for each
Insured/Member for Dependent Business Interruption
Loss resulting from Dependent System Failure.
Each of the above limits of liability are subject to an Annual Policy and
Program Aggregate Limit of Liability aggregate limit of $40,000,000 for
all SDRMA members combined, as well as all members of a number of
other pools other than SDRMA.
$75,000 Policy Aggregate Sublimit of Liability applicable to all loss
under Insuring Agreement FI – Fraudulent Instruction. To
indemnify the Named Insured for, in excess of the
application Retention, resulting directly from an Insured
having transferred, paid, or delivered any Money or
Securities as a direct result of Fraudulent Instructions
$75,000 Policy Aggregate Sublimit of Liability applicable to all loss
under Insuring Agreement TF – Telecommunications
Fraud. To Indemnify the Insured Organization for any
Telecommunications Fraud Loss, in excess of the
applicable Retention, incurred by the Insured during the
Policy Period
$75,000 Annual Aggregate Limit of Liability for each
Insured/Member for Funds Transfer Fraud.
$100,000 Annual Aggregate Limit of Liability for each
Insured/Member for Computer Hardware Replacement
Declarations – Cyber Coverage
2021-2022 Property/Liability Coverage Documents Cyber Coverage: 3 of 3 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
COVERAGE
ENDORSEMENT(S):
Costs.
$50,000 Policy Aggregate Sublimit of Liability for all
Consequential Reputational Loss. To indemnify the
Named Insured for Consequential Reputational Loss, in
excess of the applicable Retention, incurred by the
Insured Organization during the Notification Period as a
direct result of an incident for which Notification
Services are provided pursuant to Insuring Agreement
B.3.
MEMBER DEDUCTIBLES $50,000 (a) per Claim under Insuring Clause A, (b) per incident
under Insuring Clause B, plus 20% for public relations
consulting fee coverage and 20% for the costs of a
Credit File Monitoring Program, (c) per claim under
Insuring Clause C, (d) per one or more acts in the course
of covered media activities under Insuring Clause D, (e)
per extortion threat under Insuring Clause E, (f) per
Data Protection Loss under Insuring Clause F and (g) per
business interruption loss under Insuring Clause G.
Insuring Clause G: Waiting period – eight (8) hours.
NOTE 2: AS CYBER COVERAGE, ABOVE: CYBER COVERAGE is furnished solely by the insurance policy(ies) referred to herein. With the exception of the difference in the deductibles between those stated above and those stated in Exhibit F, SDRMA shall not be responsible for the deductibles in the Cyber Liability Program.
This information is provided as a general description only, and is not intended to supersede specific policy
documents. In the event of a conflict in language, the policy(ies) will be the controlling document.
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