Cyber insurance is an important policy that you must get to protect your essential and sensitive details from online hackers. These hackers aim to gather your bank account credentials and transfer money to their personal accounts. However, you can make a smart move by getting cyber insurance for as low as Rs. 299 per year.
The importance of cyber insurance is as follows:
You can raise a cover against all the risks and frauds that you can be exposed to online.
It offers protection against hackers who can access sensitive data of your customers.
Cyber insurance provides protection against financial and reputational loss of businesses dealing with extensive online data.
The benefits of the Cyber Insurance plan are as follows:
Below are the steps by which you can apply for cyber insurance:
Cyber insurance is highly beneficial for:
They have a lot of sensitive information stored, such as card details, account numbers and PINs of individuals who shop from those sites.
There are companies that need to store sensitive customer information. This must be protected from the reach of fraud to protect their details.
Your age must be between 18 and 60 years to qualify for cyber insurance.
The details of the cyber insurance policy plan are as follows:
You can opt for coverage of up to Rs. 2 Lakhs in case of financial loss due to cybercrime.
The membership cost for different plans of this pocket insurance policy are as follows:
Rs. 1 Lakh
Rs. 2 Lakhs
You cannot make a claim for cyber insurance under the following circumstances:
You cannot raise a claim in case you end up losing cash and not due to online transactions.
You cannot claim this insurance if you lose money due to utter negligence in protecting sensitive information.
This policy does not cover the financial loss of cash that you encounter due to theft.
If you purposefully lose funds due to carelessness, you cannot claim this insurance.
You cannot claim this insurance if you lose money during online trading in the market.
If you lose money as a result of a loss of cards or smartphones, you cannot claim this insurance.
You can file a claim via the following methods:
You can make a telephone call at your convenience at 1800-209-5858 to file a claim.
You can write an email at firstname.lastname@example.org to make a claim.
You can visit the official website of Bajaj Allianz to raise a claim.
The essential documents to raise a claim are as follows:
Original copy of FIR
Account details reflecting the fraudulent transaction
Additional documents to prove the validity of your claim
Below are some tips that you can follow to enhance your security online:
If you notice any malware, instantly file a report against it.
Opt for measures to strengthen your security online.
Keep funds aside to take necessary measures to enhance cyber security.
Opt for cyber insurance to access substantial coverage during cybercrimes.
You can approach customer care of Bajaj MARKETS at email@example.com in case you have any queries or confusion while raising a claim.
You can complete the payment using a credit or debit card or online payment wallets.
Yes, it is mandatory to involve the police as you need to produce an FIR while claiming cyber insurance.
No, you cannot claim insurance if your wallet is stolen on public transport.
No. You need to buy a new plan to enjoy benefits similar to the current plan.