Oak Cover AI Liability Policy 2025
Acme AI Inc. • Active
Policy Overview
StatusActive
Effective Date1/1/2025
Expiry Date1/1/2026
Total Limit$10.0M
Annual Premium$270,000
Risk Breakdown
77
AI Risk Score59
Data Risk6
Deployment Risk13
Regulatory Risk3
Usage Risk3
Policy Components
AI Performance Failure
Covers economic loss from AI malfunction or degraded performance.
Limit
$5.0M
Retention
$50,000
AI Liability (3rd-party)
Covers lawsuits arising from AI outcomes.
Limit
$5.0M
Retention
$25,000
Regulatory Defense
Covers legal costs for AI compliance inquiries.
Limit
$2.0M
Retention
$50,000