Business Cover Solutions :: Calculators
SHARE

Share this calculator!

Business Cover Solutions Cyber Insurance Calculator

Estimate your cyber insurance needs with our Cyber Insurance Calculator. Calculate the right levels of cover to protect your business and secure your financial livelihood.

'Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.'

Cyber Insurance – Limit & Sublimits Estimator

Scope an appropriate overall limit and indicative sub‑limits for incident response, business interruption and cyber extortion. Planning tool

Work through the steps. Your inputs save in your browser as you go.

Step 1 of 4

1) Business profile

These inputs mainly influence business interruption and extortion sizing.

Use latest FY. Impacts extortion sizing.
Proxy for daily loss if systems are down (turnover × margin / 365).
How long you might be materially impacted after a major incident.
Next: data exposure

2) Data & payment exposure

These inputs mainly influence breach response and regulatory/notification costs.

Customers, patients, students, members, etc.
SAQ‑D exposure drives higher third‑party costs (PCI/DSS).
Regulatory/notification costs rise with overseas exposure.

3) Security posture (controls)

Better controls can reduce extortion risk assumptions.

4) Contractual requirement & dependency

If you have a required minimum limit, this acts as the floor.

Set by customers, partners, or contracts. Acts as a floor.
Dependency affects BI risk if core systems go down.
When you’re ready, calculate recommended limits and proceed to your quote request.

Heads‑up: These are heuristic estimates for planning. Coverage availability and required sub‑limits vary by insurer. This is not advice or a quote.

Calculator outputs are estimates only and do not constitute quotes. Actual quotes will be provided by a licensed broker after you submit an enquiry.

How to use our Cyber Insurance Calculator

Our Cyber Insurance Calculator helps Australian businesses estimate an appropriate cyber insurance limit and indicative sub-limits based on revenue, downtime risk, data exposure, payment handling and security controls. It is important because underinsuring can leave you funding incident response, business interruption and extortion losses yourself, while overinsuring can increase premiums without improving practical protection. This tool is a planning aid only, not a quote or a recommendation.

How to complete the form for the best estimate

1. Business profile

Select your industry, then enter your latest financial year annual revenue. Add an estimated daily gross profit (your best proxy for daily profit at risk if systems are down). Choose a realistic worst-case downtime scenario in days, focusing on a major incident rather than a minor outage.

2. Data and payment exposure

Choose the closest band for unique personal records stored. Then select the most sensitive data type you hold, as higher sensitivity generally increases response and liability costs. Indicate whether you process payment cards and how, because processing on your own systems typically increases exposure. Finally, select where affected individuals are located, as overseas exposure can increase regulatory and notification complexity.

3. Security posture (controls)

Answer honestly for MFA, backup quality, remote access exposure and any cyber incidents in the last three years. These inputs influence the tool’s view of likely severity and recovery costs.

4. Contractual requirement

If a customer or partner mandates a minimum limit, select it. This acts as a floor, even if your risk inputs suggest a lower figure. Choose your key dependency (SaaS, hybrid, on-prem) to reflect business interruption vulnerability.

How to interpret the results

1. Overall limit estimate: a starting point for discussions with a broker and for budgeting.

2. Suggested sub-limits: indicative allocations for incident response, business interruption and cyber extortion.

3. JSON summary: a concise snapshot you can share when requesting a formal quote.

ASIC and insurer disclosure: This calculator provides general information only and does not consider your objectives, financial situation or needs. Cover availability, wording, exclusions, waiting periods and sub-limits vary by insurer. Before acting, consider whether the information is appropriate for you and read the Product Disclosure Statement and Target Market Determination for any policy you consider, or seek advice from a licensed insurance adviser or broker.

Share this calculator:


Insurance News

Why SMEs Should Recheck Insurance Values Before Renewal
Why SMEs Should Recheck Insurance Values Before Renewal
26 Aug 2026: Paige Estritori
Fresh industry attention on underinsurance is a timely reminder for Australian small and medium-sized businesses to look beyond last year’s policy schedule when renewing cover. As building materials, labour, equipment and specialist trades remain costly in many sectors, insured values that once looked reasonable may no longer reflect the true cost of getting a business back on its feet. - read more
What insurance dispute trends mean for small businesses
What insurance dispute trends mean for small businesses
19 Aug 2026: Paige Estritori
Fresh attention on insurance complaints in Australia is a useful reminder for small and medium-sized businesses: the value of a policy is often tested most sharply at claim time. The latest annual complaint trends from the Australian Financial Complaints Authority point to ongoing pressure around claim delays, declined claims, disputed settlement amounts and communication breakdowns across general insurance. - read more
What Stronger Insurer Results Could Mean for SMEs
What Stronger Insurer Results Could Mean for SMEs
04 Aug 2026: Paige Estritori
Recent industry reporting on APRA’s latest general insurance performance data points to a healthier operating environment for Australian insurers. Underwriting results have improved, investment income has supported profitability, and the sector remains strongly capitalised. For small and medium-sized businesses, the headline is encouraging, but it should not be read as a simple promise of cheaper cover across every policy class. - read more
What Fair Work’s Fuel Cost Adjustments Mean for Transport Operators
What Fair Work’s Fuel Cost Adjustments Mean for Transport Operators
28 Jul 2026: Paige Estritori
Fair Work’s move to require fortnightly fuel cost adjustments in road transport contractual chains from 21 April is more than an industrial relations update. For small transport operators, couriers, subcontracted drivers and businesses that rely on freight networks, it is a reminder that operating costs, contractual obligations and insurance exposures are closely connected. - read more
Business Insurance Articles

Top Cybersecurity Strategies for Australian SMEs: Stay Safe Online
Top Cybersecurity Strategies for Australian SMEs: Stay Safe Online
In today's digital age, the importance of cybersecurity for small to medium-sized businesses (SMEs) cannot be overstated. For many Australian SMEs, the digital landscape offers incredible opportunities for growth and connectivity. However, it also presents significant challenges, particularly regarding online security. - read more
How to Choose the Right Insurance for Your Small Business Startup
How to Choose the Right Insurance for Your Small Business Startup
Starting a small business in Australia is an exciting venture. However, amid the enthusiasm, it is vital to understand the role that business insurance plays in safeguarding your startup's future. Business insurance comprises various types of coverage designed to protect your company from potential financial losses. - read more
Understanding Business Insurance: What Every SME Owner Should Know
Understanding Business Insurance: What Every SME Owner Should Know
The world of trade businesses in Australia is constantly evolving, presenting both exciting opportunities and new challenges. As these businesses grow, so do the risks they face, making it crucial to consider protective measures. - read more
Key Risk Management Practices Every SME Should Implement
Key Risk Management Practices Every SME Should Implement
Risk management is an essential process for identifying, assessing, and prioritizing potential challenges that could impact the success of a business. For small and medium-sized enterprises (SMEs), effective risk management can mean the difference between thriving and merely surviving in a competitive landscape. - read more

Knowledgebase
Premium:
The amount paid for an insurance policy, usually on a regular basis, to maintain coverage.