Chubb introduces cyber bullying insurance in the U.S.

In France, student insurance policies frequently include bullying coverage

Chubb now offers its cyber bullying coverage to U.S. home insurance customers.

The policy was introduced in the UK in December, and provides up to $60,000 for psychiatric, PR and cyber security services, as well as temporary relocation and replacement salary if a customer or their child faces “harassment and intimidation committed via personal computers, telephones or mobile devices.”

“…Technology’s biggest benefit—an interconnected world—can also be its biggest challenge,” Christie Alderman, vice-president of client product and service at Chubb Personal Risk Services said in a statement. “Cyber bullying, including online threats and harassment, can damage your or your child’s reputation, and cause financial loss and emotional harm.”

Read: Policies to ponder from across the Atlantic

In France, parents must buy student insurance if their child leaves school property with their class, and those policies frequently include bullying coverage.

Principals can apply for the French mutual insurer MAE’s emergency funding when certain benefits aren’t covered by students’ policies, and “when applications become frequent, we determine how we can make [the help many children seem to need] part of the regular insurance,” MAE president Edgar Mathias told Top Broker in August. So while MAE will continue to promote bullying prevention, affected students can access up to five sessions with a psychologist or psychiatrist.

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