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ICICI Lombard, Mobikwik to offer online fraud protection policy


and on Monday announced a strategic partnership to provide

The relationship aims to provide protection against unauthorised and fraudulent transactions online, across bank accounts, debit and credit cards. and mobile wallets.

users can avail the commercial by and enjoy the benefit of stress-free and secured transactions. It can be availed at Rs 99 per month and with a sum insured of Rs 50,000.

"expose users to a new class of risks," said Sanjeev Mantri, of "Cyber-insurance thereby becomes imperative to provide customers protection against any kind of data security breach."

Upasana Taku, of MobiKwik, said: "We are the first mobile wallet company to for its customers. This product was the need of the hour in today's digital era wherein a number of individuals prefer doing their "


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 18 2019. 14:25 IST