Online banking has become an indispensable part of our life with the advancement in technology. However, there are certain risks associated with it, such as phishing, counterfeiting and online fraud. It is important to safeguard ourselves from these as a lot of important data is at stake.
Secure your internet banking with Online Banking Protection offered by AWP Assistance (India) Private Ltd on Bajaj Markets at just ₹177/year. Scroll below to find more.
The application process for this plan is hassle-free.
That’s it! You will receive the insurance details on your registered email ID.
All Indian citizens above the age of 18 are eligible for this plan.
Product |
Price including GST |
Online Banking Protection |
₹ 177 |
The plan is valid for a period of one year.
1. Any claim due to an intentional breach of the law would not be covered.
2. Gross negligence will not be covered.
3. Compromised 2nd level authorization transactions and Pre-delivery fraud are not covered.
4. Claim will not be covered in case the card issuing authority/bank reimburses the customer for the loss or reverses the transactions.
5. Password-based transactions are not covered unless both OTP/secure PIN source and the card are lost as per an investigation by issuing bank, internet service provider, mobile, police report and FIR.
6. Allianz Assistance will not provide coverage for any claim indirectly or directly arising from the following:
The loss suffered by the cardholder because of the misuse of credit cards at any site that does not have authorized Verisign Security status or any other equivalent security status.
Any duplicate/failed /declined transactions by authorized bank/host website.
Any errors made by an authorized bank/host website.
You may submit a claim by getting in touch with the insurer using one of the methods listed below:
E-mail - assistclub@allianz.com
Toll-free number – 1800 419 9039
You can connect with us at Bajaj MARKETS. Write to us at:
insuranceconnect@bajajfinservmarkets.in
The premium for this insurance policy is ₹177, inclusive of taxes.
This insurance policy is valid for a period of 1 year.
Online banking protection, lost card liability, counterfeit/ skimming and online fraud protection are covered under this plan.
· Any claim due to an intentional breach of law would not be covered
· Gross negligence will not be covered.
· Compromised 2nd level authorization transactions and Pre-delivery fraud are not covered.
For more exclusions, refer to policy wordings.
Individuals above the age of 18 are eligible to apply for this plan.