New Delhi: Cyber fraud cases are increasing very fast due to technology advancement. In such a situation, ICICI Lombard General Insurance Company has brought a retail cyber insurance policy to give relief to the people.
To protect against cyber fraud situation, non-life insurance company ICICI Lombard General Insurance has introduced a Retail Cyber Liability Insurance Policy. This policy of the company protects you and your family from the risk of any kind of cyber crime. It protects people from online fraud to any kind of online financial mess.
This policy can be purchased at a cheaper rate by all digitally active individuals. Its premium ranges from Rs 6.5 per day to Rs 65 per day. The sum assured ranges from Rs 50,000 to 10,000,000 for the cover chosen by the policy holder. The policy provides coverage to the entire family including children for a period of 1 year.
The company has designed its product to secure the digital world against losses in the event of a cyber bet. Coverage will include all these protections. Such as theft detection, cyber-threats, cyber extortion and malware intrusion. Apart from this, financial losses due to unauthorized and fraudulent use of bank accounts, credit cards and mobile wallets will also be covered.
If you are a mobile and technology savvy, then this will help you. Because despite all the efforts, once you get caught in their trap, as long as you understand, they will empty your account. If you do not do digital transactions, then you will not need insurance policy much.
