Crisis management coverage
Term · Insurance and risk management · MLC-T-INS-001033
An insurance policy component that provides financial support for expenses incurred in managing and mitigating the reputational and operational damage following a covered event. This can include costs for public relations consultants, legal advice, and expert services to restore public trust and address stakeholder concerns. It is frequently included within cyber liability or product recall policies.
| Identifier | MLC-T-INS-001033 |
|---|---|
| Field | Insurance and risk management |
| Subject | Cyber and Privacy Liability |
Record as JSON
{
"id": "MLC-T-INS-001033",
"term": "Crisis management coverage",
"field": "Insurance and risk management",
"definition": "An insurance policy component that provides financial support for expenses incurred in managing and mitigating the reputational and operational damage following a covered event. This can include costs for public relations consultants, legal advice, and expert services to restore public trust and address stakeholder concerns. It is frequently included within cyber liability or product recall policies.",
"subject": "Cyber and Privacy Liability",
"url": "https://mlchart.com/terminology/insurance/crisis-management-coverage/"
}
Record 835 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.