General insurance products hardly find favour with customers in India. People buy travel and motor insurance when they are mandatory, but home, cyber security or sachet sized insurance products such as cycle/dengue insurance, etc, do not have many takers. You may need some of these products:
Cyber insurance From office work and education to purchase of grocery, most of our daily activities have gone online. Digital transactions which require you to share bank details have become frequent. This has led to a surge in online frauds. A cyber insurance policy can protect you against online identity compromise, fraudulent transactions, cyber extortion, phishing and malware attack. “Since our financial and other important data, including identity proofs, are stored in our phone or laptop, any loss of the same can be a hassle. This is where a cyber insurance plan comes in handy. It is gaining impetus with the millennials,” says Dhirendra Mahyavanshi, Co-Founder, Turtlemint.
Cyber insurance is not very expensive. For example, the premium on ICICI Lombard’s policy ranges from ₹6.5 (for ₹50,000 sum assured) to ₹65 per day (₹1 crore sum insured). The policy provides coverage to the entire family, including children, for a year. In Bajaj Allianz's cyber policy, the sum insured ranges from ₹1 lakh to ₹1 crore, for a premium of ₹662 to ₹8,933.
Home insurance
この記事は Business Today の September 20, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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この記事は Business Today の September 20, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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