Actuarial Notes

Exam DISC-IA Practice Question 217

Study guide: Exam DISC-IA

A ransomware attack shuts down an online retailer's systems for 20 hours. Its lost net income plus continuing expenses run at $10,000 an hour, and it spends $15,000 of extra expense restoring operations. Its cyber policy's network business interruption coverage has an 8-hour waiting period, a $100,000 sublimit and the event's $25,000 retention applies to it. How much does the business interruption coverage pay?

  • A) $95,000
  • B) $100,000
  • C) $110,000
  • D) $190,000

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