Even if elements of cover exist under an LPL (Lawyers Professional Liability) policy, there are many reasons to purchase separate Cyber Insurance. In some instances, there are contractual requirements that Cyber Insurance is in place and they carry certain minimum limits to guarantee some degree of financial protection in the event of a third party compromise of their data. Also, another very key point...LOW COST COVERAGE. Firms can buy Cyber Insurance at relatively low cost and for retentions normally a fraction of the amount required by LPL insurers. Further, purchasing a policy that is specifically designed for cyber risks avoids disputes as to what is covered by LPL insurers, some of whom may not be inclined to respond to these risks. Another unique question is, Does Your Cyber Policy Wrap Around Your LPL? This is a Difference in Conditions (D.I.C). We will be talking about some of these points in an upcoming webinar for ILTA members!