Cyber-bullying is something unavoidable. Shallow as it may seem, it is capable of causing depression, anxiety and, to some extent, death. Numerous individuals go through cyber-bullying every day, and this has been an issue world-wide. This being said, a Global insurance company, Chubb, launched their cyber-bullying insurance which can be of great help to the victims residing within U.K. and the Republic of Ireland as per The Blaze's reports.

CNN then reported that the client manager at Chubb, Tara Parchment, gave out a brief explanation of the cyber-bullying's insurance coverage. "The intention is to cover any related costs that may occur as a result of cyber-bullying."

Parchment then told CNN that a client can only avail of the coverage if he/she experienced more than three acts of "cyber-bullying." It can be availed if the victim was badly affected by cyber-bullying which resulted to financial loss. The client would have to prove that he/she underwent harassment, libelous threats, violence, slander, and intimidation of violent threats. Going through "mediocre" online trolling isn't enough for the client to avail of the coverage.

The cyber-bullying insurance does come with a hefty price as it costs around $74,000 (£50,000) for clients to be covered.

As per CNN, the coverage includes having a PR professional to fix the client's damaged online reputation. The insurance will also pay for the cyber security professionals to help the victim file charges against the abuser, where in they would establish a strong legal case for the offense to be bought to court.

In addition to its coverage, monetary wise, Chubb's cyber-bullying insurance will also pay the client's loss of income or tuition fee as a result of missing work or school due to being embarrassed from being bullied online. In worst cases, Chubb will also cover "temporary" relocation costs for victims that would have to transfer into a new location as a result of cyber-bullying.

Cyber-bullying is a term being used to those individuals who would undergo online harassment that could result into an emotional breakdown, and even depression. As per Megan Meier Foundation, cyber-bullying often lead teenagers into depression which can result to self-harm, mental death deterioration and even suicide.

No bullying website then reported that there's a strong link between cyber-bullying and suicide. As per No Bullying website, a study which was released by Yale University revealed that around 7 to 9 percent of the victims from cyber-bullying are likely to commit suicide.