Exclusion
In one sentence
Something a policy specifically won't cover. Worth knowing before you buy, not during a claim.
Exclusions carve specific scenarios out of coverage, for example some funds-transfer fraud unless verification controls are in place, acts of war, or risks tied to a disclosed weakness. They're part of the deal; the time to understand them is before binding.
Why it's on your cyber insurance application
Ask your broker exactly what's excluded before you bind, especially funds-transfer terms.
The written evidence carriers accept
A “yes” on the application needs a document behind it. In the Readiness Pack, that document is:
Related terms
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