Flipkart & Bajaj Allianz launch cyber insurance coverage cowl

E-commerce market, Flipkart and Bajaj Allianz General Insurance have launched a cyber insurance coverage cowl for on-line monetary frauds. The product, ‘Digital Suraksha Group Insurance’, will assist prospects who wish to cowl themselves towards monetary losses prompted because of cyber assaults, cyber frauds, or different such malicious actions throughout varied on-line platforms.

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Customers can go for a one-year cowl at premiums as little as Rs 183 for a canopy of ₹50,000. It will compensate for direct monetary loss (as much as the sum insured) as a consequence of unauthorised digital monetary transactions because of identification theft arising out of cyber-attacks, phishing/spoofing, and SIM-jacking.

Important takeaways for all aggressive exams:

  • Flipkart headquarters: Bengaluru, Karnataka.
  • Flipkart CEO: Kalyan Krishnamurthy.
  • Bajaj Allianz General Insurance CEO: Tapan Singhel.
  • Bajaj Allianz General Insurance Headquarters: Pune, Maharashtra.

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