Keeping Assets Safe
Business Today|September 20, 2020
A LOOK AT NON-LIFE INSURANCE PLANS THAT PROTECT YOUR WEALTH
APRAJITA SHARMA
Keeping Assets Safe

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

Bu hikaye Business Today dergisinin September 20, 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today dergisinin September 20, 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
"Focus on the challenge of each customer"
Business Today India

"Focus on the challenge of each customer"

SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company

time-read
1 min  |
December 08, 2024
PEDAL ON THE FUTURE
Business Today India

PEDAL ON THE FUTURE

THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY

time-read
1 min  |
December 08, 2024
BREATHE EASY
Business Today India

BREATHE EASY

Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference

time-read
2 dak  |
December 08, 2024
The Taste of India in a Glass
Business Today India

The Taste of India in a Glass

FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN

time-read
4 dak  |
December 08, 2024
LOOK BEFORE YOU LEAP
Business Today India

LOOK BEFORE YOU LEAP

IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES

time-read
5 dak  |
December 08, 2024
MISSING ADVISORS
Business Today India

MISSING ADVISORS

INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE

time-read
7 dak  |
December 08, 2024
TURNING A CORNER
Business Today India

TURNING A CORNER

SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE

time-read
5 dak  |
December 08, 2024
REALITY CHECK
Business Today India

REALITY CHECK

INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?

time-read
6 dak  |
December 08, 2024
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 dak  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 dak  |
December 08, 2024