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Flipkart, Bajaj Allianz launch cyber insurance coverage to cowl on-line monetary frauds

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Bengaluru: Flipkart and Bajaj Allianz General Insurance Company have come collectively to supply ‘Digital Suraksha Group Insurance’ for purchasers who wish to cowl themselves towards monetary losses brought about on account of cyber-attacks, cyber frauds, or different such malicious actions throughout varied on-line platforms.

This insurance coverage compensates for direct monetary loss (as much as the sum insured) as a consequence of unauthorised digital monetary transactions on account of id theft arising out of cyber-attacks, phishing/spoofing and SIM-jacking, a joint assertion stated.

“Customers can opt for a one-year cover at premiums as low as Rs 183 for a cover of Rs 50,000,” the assertion added.

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