New India MyCyber Insurance Policy

New India MyCyber Insurance Policy is a personal cyber insurance plan designed to protect individuals against financial losses arising from cyber incidents such as unauthorized online transactions, phishing, spoofing, malware attacks, and online purchase frauds. It provides financial security for people who frequently use internet banking, mobile wallets, UPI, credit cards, and online shopping platforms.

Key Features

• Protection against Cyber Fraud and Online Financial Losses.
• Coverage for Unauthorized Online Transactions.
• Coverage for Online Purchase Fraud.
• Protection against Phishing and Spoofing Attacks.
• Coverage for Mobile Wallet and UPI Fraud.
• Affordable Annual Premium.
• Individual Policy.
• Simple and Easy Claim Process.

Who Can Buy This Policy?

Any individual who uses the internet, online banking, mobile wallets, credit cards, debit cards, or online shopping services can purchase this policy.

Coverage Sections

Section I – Unauthorized Transactions

• Theft of funds due to unauthorized online transactions.
• Loss arising from hacking incidents.
• Coverage for phishing attacks.
• Coverage for spoofing attacks.
• Coverage for malware-related fund theft.
• Coverage for unauthorized access to online accounts.

Section II – Online Purchase Fraud

• Loss arising from fraudulent online purchases.
• Goods or services paid for but not delivered.
• Online seller fraud.
• Fraudulent internet transactions.

Sum Insured Options

Indicative Annual Premium

Claim Conditions

• Cyber incident must occur during the policy period.
• Loss must be reported to the bank/card issuer within 48 hours of discovery.
• The insurer must also be informed within 48 hours.
• Supporting documents must be submitted for claim processing.

Major Exclusions

• Fraud committed by the insured person.
• Intentional or dishonest acts by the insured.
• Losses known before policy inception.
• Business-related cyber losses.
• Indirect or consequential financial losses.
• War, terrorism, or cyber warfare incidents.

Why Choose New India MyCyber Insurance?

• Affordable protection against cyber fraud.
• Coverage for common digital payment risks.
• Protection for online shoppers.
• Suitable for UPI, mobile wallet and internet banking users.
• Provides financial support against cybercrime losses.

Disclaimer

The above information is for general reference only. Benefits, exclusions, claim conditions, premium rates and policy terms are subject to the latest policy wording issued by New India Assurance.