Solution-Million limit and defense costs outside limits

Million limit and defense costs outside limits

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Reference no: EM132161686

An insurance company wrote a cyber liability policy with a $4 million policy limit and agreed to perform its duty to defend within policy limits. It wrote a similar policy with a $3 million limit and defense costs outside limits. The premium was the same for both policies. Which is better for the insured?

Reference no: EM132161686

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Million limit and defense costs outside limits

Reference no: EM132161686

Reference no: EM132161686

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