Understanding the Risks

ERO Online Cyber Training & Cyber Risk Management:

ERO Cyber Security Risk Management Website provides Online risk management tools, procedures, and training to help policyholders and their workforce understand data security risk and how to best mitigate and prepare for a breach.
A policy holder has unlimited access to:

Understanding The Coverage

A Complete Solution | only $395.00/yr

We are offering a comprehensive cyber liability protection solution for professional tax preparers.
Our solution provides:

Multimedia Liability |
$100,000 Limit Per Claim and in the Aggregate

Coverage for claims alleging liability resulting from the dissemination of online or offline media material, including claims alleging copyright/trademark infringement, libel/slander, plagiarism, or personal injury.

Security & Privacy Liability |
$100,000 Limit Per Claim and in the Aggregate

Coverage for claims alleging liability resulting from a security breach or privacy breach, including claims alleging failure to safeguard personal information.

Privacy Regulatory Defense Penalties |
$100,000 Limit Per Claim and in the Aggregate

Coverage for regulatory fines and penalties and regulatory compensatory awards incurred in privacy regulatory proceedings/investigations brought by federal, state, local, or foreign governmental agencies.

PCI DSS Liability |
$100,000 Limit Per Claim and in the Aggregate

Coverage for assessments, fines, or penalties imposed by banks or credit card companies due to non-compliance with the Payment Card Industry Data Security Standard (PCI DSS) or payment card company rules.

BrandGuard® |
$100,000 Limit Per Claim and in the Aggregate

Coverage for net profit incurred as a direct result of an adverse media report or breach notification following a security breach or privacy breach.

A 2-week waiting period applies.

Cyber Extortion |
$100,000 Limit Per Claim and in the Aggregate

Coverage for extortion expenses incurred and extortion monies paid as a direct result of a credible cyber extortion threat, including ransomware.

Breach Event Costs |
$100,000 Limit Per Claim and in the Aggregate

Coverage for reasonable and necessary mitigation costs and expenses incurred as a result of a privacy breach, security breach or adverse media report, such as legal expenses, proactive and reactive public relations expenses, IT forensic expenses, breach notification costs (including voluntary notification costs), and the cost to set up call centers and provide credit monitoring and identity theft assistance.

The Breach Event Costs Limit is in addition to, and will not reduce, the $100,000 Annual Aggregate Limit of Liability.

System Failure |
$100,000 Limit Per Claim and in the Aggregate

Coverage for (1) reasonable and necessary amounts incurred to recover and/or replace electronic data that is compromised, damaged, lost, erased, corrupted or stolen and (2) business income loss and interruption expenses incurred due to an unplanned outage, interruption, failure, suspension, or degradation of service of an insured computer system, including any such incident caused by a hacking attack.)

An 8-hour waiting period applies to Business Interruption coverage.

Dependent System Failure |
$100,000 Limit Per Claim and in the Aggregate

Covers income loss and interruption expenses incurred in the event that the computer system of an IT service provider or business process outsourcing provider goes down.

A 12-hour waiting period applies to Business Interruption coverage.

The coverages listed above are limited to $100,000 per claim and in the aggregate. ERO cyber security insurance has a maximum annual aggregate limit of $200,000.



ERO Cyber Security insurance is being offered as a unique benefit to American Advantage Association members. The insurance is underwritten by Tokio Marine HCC - Cyber & Professional Lines Group and secured by Houston Casualty Company. Claims will be handled by Tokio Marine HCC - Cyber & Professional Lines Group, based in Los Angeles, CA.

Introducing our higher limit options

In addition to the base options you can apply for higher amounts of coverage

As explained above, we have thoughtfully designed our ERO Cyber Security base plan to be a comprehensive cyber liability solution for the majority of our tax professional clients. It’s our goal to continue to find ways to keep you, your employees and your business feeling protected and prepared. For offices that feel they need more coverage than what is provided in our standard Base Program we, in partnership with Tokio Marine HCC - Cyber & Professional Lines Group, offer 3 higher limit options in addition to your base coverage.

To learn if you qualify for one of our higher limit options, please read our program qualifications. Use the buttons below to learn more about the higher limit options we offer. To apply for a higher limit option, download the application here and email the completed application to, steve@taxprotectionplus.com. If you have any questions, please call 855-406-5527.



Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and continental Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

For over 30 years, the American Advantage Association has been committed to working with member companies in identifying enhanced administrative processes, staying current on regulatory issues, developing customer affinity solutions and product enhancements.

With over 10,000 tax professional members, we have a keen understanding of the issues impacting the professional tax preparation industry. In response to the growing number of data breach incidents, warnings issued by the IRS and concerns expressed by our professional tax preparer members, we developed this cyber security solution specifically for professional tax preparers.

Even if you do not experience a data breach, as an Organization Member of the American Advantage Association, your tax business will receive access to free and discounted small business legal services through Legal Club of America. These services address nearly any legal business matter you may confront.

When a breach occurs

Timeline of Events

  • DISCOVERY OF A BREACH

    Report Incident

  • EVALUATION OF THE BREACH

    Legal review and forensic investigation.

  • MANAGING THE SHORT-TERM CRISIS

    Notification and credit monitoring

    Data recovery and business interruption expenses

    Public relations

  • HANDLING THE LONG-TERM CONSEQUENCES

    Class-Action Lawsuit

    Regulatory Fines

    Pentalies & Consumer Redress

    Reputational Damage

    Income Loss

GET PROTECTED NOW

Sign Up Now

How did we get here

Building the Solution

In response to the growing number of data breach incidents, warnings issued by the IRS and concerns expressed by our over 10,000 professional tax preparer members, the American Advantage Association set out to offer a cyber security solution designed specifically for professional tax preparers.

Contact Us

Phone:
855-406-5527

Address:
P.O Box 24279
Winston-Salem, NC 27114

ERO Cyber Security insurance is being offered as a unique benefit to American Advantage Association members. The insurance is underwritten by Tokio Marine HCC - Cyber & Professional Lines Group and secured by Houston Casualty Company. Claims will be handled by Tokio Marine HCC - Cyber & Professional Lines Group, based in Los Angeles, CA. Tax protection Plus is making these Insurance products available through a relationship with Trupoint Marketing, LLC. (Trupoint), a licensed insurance producer and surplus lines broker, (Cal. license #OL63042 ) acting on behalf of a number of unaffiliated insurance companies. Insurance products offered through Trupoint may not be available in all states.

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