USAA Insurance Agency and BlinkSM by Chubb® announced a collaboration to offer personal cyber insurance protection to USAA members and their families. The stand-alone insurance policy covers expenses related to a personal cyber event, including identify theft, fraudulent wire transfer, cyber bullying and ransomware extortion.
Blink by Chubb offers a suite of Chubb-backed personal insurance products distributed through the company's digital brokers and affinity partners such as USAA. Chubb is the world's largest publicly traded property and casualty insurance company.
"We're excited to work with an innovative brand like Blink that can offer our military families an end-to-end digital experience along with the financial strength, deep insurance expertise and world-class service of Chubb," said Gary Baker, Senior Vice President of the USAA Insurance Agency. "Making Blink's personal cyber protection available to USAA members provides another option for them to protect their families' financial security in our increasingly digital world."
All USAA members over the age of 18 in the U.S. are eligible to purchase a Blink personal cyber insurance policy by visiting the USAA member portal at www.usaa.com/cyber. There are no eligibility questions and members can select from cyber coverage options specifically designed for USAA members. Blink Cyber Protection coverage can be extended to up to five additional households to protect USAA families shared digital world. Available coverage limits range from $10,000 to $50,000.
"This partnership is a result of the tremendous respect and admiration Blink has for USAA and their unwavering commitment to people and families who serve, or served, in the United States Armed Forces," said Laura Bennett, Senior Vice President of eConsumer for Chubb in North America. "We are very pleased to be able to provide USAA members with protection from the growing risk of cybercrime, as we all continue to increase our digital footprints."
The USAA Insurance Agency and Blink are also working together to help USAA members become more cyber-aware by providing educational resources on how to protect themselves and their families from cyber threats.
