Internet Virus Insurance Offered in U.K.

XTML, an Internet solutions provider, announced that it has made arrangements with U.K. insurer Independent Insurance to offer a policy covering damages caused by Internet viruses, including e-mail originated viruses like “the love bug,” which caused extensive damage to computer programs earlier this month.

According to XTML, the product, called “Ensure,” offers world’s first “all-rounded” coverage of e-commerce risks.

Policy limits were available up to £ 1.5 billion ($ 2.2 billion).