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⍰ ASK Are there any specific insurance considerations for companies involved in e-commerce in the UK?

For UK e-commerce companies, there are specific insurances to think about in the online world.

First up is cybersecurity insurance. It covers the costs if there's a cyber attack or data breach. This helps with things like getting data back, legal stuff, and following data protection rules like GDPR.

Then there's data protection and privacy insurance. This one is about keeping customer info safe. It helps with fines from data breaches and pays for legal help and following the rules.

If you sell physical stuff online, product liability insurance is a must. It helps if someone says your product is bad or hurts them. It pays for legal things and settlements.
 

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