Bajaj Allianz General Insurance - Cyber Security Cover starts at Rs. 299
Key features
Note: This policy is available only for existing Bajaj Finance Limited customers. By proceeding, you agree to the terms and conditions
Key features and benefits
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Coverage of up to Rs. 2 lakh – premium starts at Rs. 299
Get Rs. 2 lakh coverage at premiums starting at Rs. 299 and secure yourself against online financial fraud such as phishing, fraud, and cyber-attack.
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Protection from cyber attacks
Stay covered from financial losses from targeted intrusion into your computer or transmission of unauthorised data from your computer system to a third-party or unauthorised systems.
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Security from unauthorised access
This plan covers financial losses due to unauthorised access to sensitive information such as usernames, passwords, and card details for malicious reasons by pretending to be a trustworthy entity in an electronic communication.
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Coverage from SIM jacking
Get coverage from financial losses arising due to unauthorised SIM card replacement without your knowledge and consent.
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End-to-end online process
About five minutes is all it would take to complete six simple steps and get your policy online.
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No documents are required to buy
When buying a Pocket Insurance policy, you do not need to present any documents at the time of making the purchase.
Eligibility criteria and documents required
You need to fulfil the following criteria to buy the Cyber Security Cover. If you meet all the eligibility criteria, we will need a few details to complete your application process.
Eligibility criteria
- Exclusively for Bajaj Finance customers
- Nationality: Indian
- Age: 18 - 60 years
Documents required
No documents are required to buy the policy. Simply provide the following details at the time of buying the policy:
- Name
- Address
- Email address
- Phone number
Step-by-step guide to buy this policy
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Step 1
Click on the ‘Buy Now’ button on this page.
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Step 2
Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.
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Step 3
Enter the One Time Password (OTP) received on your registered mobile number for verification.
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Step 4
If your mobile number is present in our records, your details on the form will be pre-filled. All you need to do is to check if the details are correct.
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Step 5
At this point, the payment page will open. Complete the online payment via one of the following options: UPI, net banking, credit/debit cards and wallet.
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Step 6
After the payment is successful, you can download the policy receipt instantly.
You can also download the policy document from 'My Account' after 5 to 7 working days from the date of purchasing the policy.
Policy details
Here’s a quick look at the policy details of Cyber Security Cover:
- Premium of Rs. 299
- Premium of Rs. 349
- Premium of Rs. 399
- Premium of Rs. 499
| Plan details | Description |
|---|---|
| Sum insured (in Rs.) | 25,000 |
| Premium including GST (in Rs.) | 299 |
| Policy tenure | 1 year |
| Plan details | Description |
|---|---|
| Sum insured (in Rs.) | 50,000 |
| Premium including GST (in Rs.) | 349 |
| Policy tenure | 1 year |
| Plan details | Description |
|---|---|
| Sum insured (in Rs.) | 1 lakh |
| Premium including GST (in Rs.) | 399 |
| Policy tenure | 1 year |
| Plan details | Description |
|---|---|
| Sum insured (in Rs.) | 2 lakh |
| Premium including GST (in Rs.) | 499 |
| Policy tenure | 1 year |
Key inclusions and exclusions
Here’s a quick look at the inclusions and exclusions under the Cyber Security Cover:
- Key inclusions
- Key exclusions
| Key Inclusions | Description |
|---|---|
| Coverage against cyber fraud | Secure yourself against online financial fraud such as phishing, fraud, and cyber-attack |
| Phishing/spoofing via email, message, links, or telephone call | Covers against financial losses due to the unauthorised use of sensitive information of the insured person, such as usernames, passwords, and card details, for malicious reasons |
| Coverage against SIM jacking | Coverage against losses due to a third party gaining unauthorised access to the call history, messages, and apps on your phone |
| Key exclusions | Description |
|---|---|
| Transactions involving cash or offline currency equivalent | Any offline cash/currency or currency equivalent, including money withdrawal from ATMs, is not covered under the plan |
| Loss due to theft of card or smart devices | The financial loss that may occur due to physical theft of cards or digital services |
| Loss by negligence | Any loss caused due to negligence in safeguarding personal data by the insured individual. This means that you end up losing a card or digital device due to negligence, the financial loss borne is not covered under the policy |
| Trading | Any losses or liabilities connected with any purchase, sale or other dealings in securities, commodities, derivatives, foreign or federal funds, currencies, foreign exchange currencies, currency swaps, crypto-currencies, and non-fiat currencies |
| Deliberately caused losses | If the proposer (applicant) intentionally or via any unlawful activity claims the loss for the insured sum, will not be covered |
Product information
For complete details on product benefits, features, terms, and exclusions, please read the product brochure and policy wordings carefully before buying a policy.
How to claim
You can reach out to the insurer (Bajaj Allianz General Insurance Limited) to claim the benefits of the Cyber Security Cover by or email or phone:
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Insurer’s email address
Share your policy document and medical reports at bagichelp@bajajallianz.co.in
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Insurer’s toll-free number
You can also call on the toll-free helpline number 1800-209-5858 and claim the benefits
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Documents required to claim
To claim the benefits of Cyber Security Cover, you need to present the following documents:
1. Policy document
2. Written document from the bank confirming the fraud
3. Copy of an FIR -
Contact Bajaj Finance Ltd.
In case you have any queries related to coverage, exclusions, or product policy, please write to us at wecare@bajajfinserv.in
Frequently asked questions
The Bajaj Allianz Cyber Security cover offered through Bajaj Finance Insurance Mall provides protection against financial losses that may occur as a result of cyber fraud. The plan is available at an annual subscription fee of just Rs. 299 with coverage of up to Rs. 2 lakh for protection against phishing, SIM jacking and unauthorised online frauds.
The Cyber Security Cover provides insurance against cyber-attacks. It covers three types of a cyber security breach, which includes:
1. Transfer of unauthorised data, like viruses, to the insured person’s computer system
2. Transfer of data from the insured person’s computer system to a third-party computer system
3. The unauthorised access or use of the insured person’s computer system by a third party
The Cyber Security Cover does not provide coverage against:
1. Transactions including cash or physical money
2. Loss due to physical theft of cards/smart devices
3. Financial loss due to negligence of cards or cash
4. Deliberately caused losses
With the increasing online transaction and dependence on cashless payment methods, getting cyber insurance is becoming increasingly important. You can prevent yourself from bearing the financial losses that may occur to cyber fraud.
Cyber Security Cover can prevent you from bearing the financial loss that may be borne by the proposer (applicant) due to falling prey to cyber fraud. You can easily avail the benefits under the cyber security cover at a premium starting at as low as Rs. 299, providing coverage of up to Rs. 2 lakh with the Cyber Security Cover.