Warren, N.J.-based property and casualty insurer Chubb has started offering what The Telegraph says is the first coverage of cyber bullying in the United Kingdom, the British newspaper reported last week.
Chubb said wealthy policy holders in the U.K. who buy its personal insurance will be covered for up to £50,000 ($75,000), which could be used to pay for counseling, lost income if they are off work for a week or more, and help from online experts for victims of cyber bullying and their families.
Though the policy is targeted at worried parents, adults who suffer harassment online will also be covered, for example if an internet bullying campaign leads to the victim losing their job or their wrongful arrest, The Telegraph said.
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