Cyber security coverage is a new age plan that secures you against cybercrimes such as unauthorised transactions, tele-phishing and other payment frauds. The increasing cases of cyber fraud have highlighted the importance of having a cyber security cover to stay financially covered against any kind of cyberattack. With Cyber Security Cover from Bajaj Finserv, you can get a safety net that protects you from falling prey to cybercrimes.
Cyber Security Cover offers coverage up to Rs. 2 lakh at premiums starting from Rs. 299. Make the payment from any of your preferred online payment modes.Here are the details of the plan:
|Rs. 25,000||Rs. 299|
|Rs. 50,000||Rs. 349|
|Rs. 1 lakh||Rs. 399|
|Rs. 2 lakh||Rs. 499|
Eligibility: Individuals between the age group of 18-60 years are eligible to purchase this plan.
Here’s what’s covered under this plan:
The plan covers you against financial losses that may result due to unauthorised financial transactions made from your registered account to a third-party account as a result of the below reasons.
1. Cyber attacks
Targeted intrusion into insured’s computer system which results in:
a) Transmission of unauthorised data to the insured’s computer system
b) Transmission of data from the insured’s computer system to a third-party computer system
c) Unauthorised access or use of the insured’s computer system by a third party
2. Phishing/spoofing email and/or messages and/or links and/or telephonic calls
Attempt to obtain sensitive information of insured such as usernames, passwords, card details for malicious reasons by masquerading as a trustworthy entity in an electronic communication
Incident where a third party replaces a sim card issued to the insured person by a registered telecom service provider, without his/her knowledge and consent.
Here are some of the exclusions under this plan:
Any offline transaction of cash/currency or currency equivalent including withdrawal of money from ATMs is not covered under the plan.
Any direct financial loss incurred due to physical theft of cards or digital devices.
Any loss caused due to negligence in taking precautions to safeguard personal data by the insured individual is not covered under the plan.
Any losses or liabilities connected with any type of purchase or sale transactions or other dealing in securities, commodities, derivatives, foreign or federal funds, currencies, foreign exchange currencies, currency swaps, crypto-currencies, non-fiat currencies and the like.
Any direct financial loss incurred by the insured that is caused intentionally or against the law will not be covered.
Here are the steps to apply for the plan:
To raise a claim, you can contact the customer experience team within 24 hours through one of the following ways:
For queries related to the policy, please write to us by email at email@example.com.
Disclaimer - Bajaj Finance Ltd. (BFL) is merely a distributor of above Products, owned by CPP Assistance Services Private Ltd. (CPP). Issuance of these products is at sole discretion of CPP. This product shall be governed by CPP product T&C’s and BFL does not hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This is not an insurance product and CPP Assistance Services Private Ltd. is not an insurance company. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”