We live in a digital world characterized by hyper-connectivity where information is created and shared across wide variety of devices. This makes it very important for us to safeguard ourselves against the unpleasant cyber risk that digitalization brings with it i.e. cyber threats.
This product is smartly designed to secure you against digital theft of funds, phishing, spoofing, malware attacks, etc. that can cause you financial and e-reputational losses.
Below are the major exclusions which are not covered under this policy and thus are ineligible for a claim:
1. Dishonest or Improper Conduct
2. Bodily Injury
3. Property Damage
4. Any activities carried out for business or professional purposes
5. Intellectual Property and Trade Secrets
6. Prior Acts
7. Any loss or damage caused by the order of any government authority.
9. Terrorism, including cyber terrorism.
10. Government Authority
11. Non-Fiat Currency
12. Outage/ Disturbance Loss
13. Illegal Use of Data
14. Unauthorised Collection of Data
15. Prior Notification
17. Immoral/Obscene Services
Kindly refer to Policy wording document for a detailed list of exclusions.
No, currently, the policy can be bought by individuals only for themselves.
© Kotak Mahindra Bank Ltd. All rights reserved
Insurance is underwritten by Kotak Mahindra General Insurance Company Ltd.
Kotak Mahindra Bank Ltd. is a Corporate Agent of Kotak Mahindra General Insurance Company Ltd.
Registered Address: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. IRDAI License No. CA0250 valid till 31st March, 2025
Kotak Mahindra General Insurance Company Ltd.
Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051. Maharashtra, India. CIN: U66000MH2014PLC260291. IRDAI Reg. No 152.
Trade logo displayed above belongs to Kotak Mahindra Bank Ltd. and is used under licence. The advertisement contains only an indication of the covers offered. For more details on risk factors, terms, conditions, coverages and exclusions, please read the sales brochures/policy wording carefully before concluding a sale. #Customer can opt for Digital Theft of Funds cover only or all the above mentioned covers together.
Kotak Cyber Secure UIN: IRDAN152RP0001V01202021.