The New India Assurance Cyber Risk Protector Policy offers comprehensive protection to businesses against a wide range of cyber risks. It ensures support not just in the event of breaches but also helps mitigate damage and handle reputational risks effectively.
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The key features of the New India Assurance Cyber Insurance policy include the following:
The New India Assurance Cyber Insurance is designed to provide comprehensive coverage against damages resulting from cyber risks. It covers the following:
Disclaimer: This is not a complete list. Please read the policy wording carefully for full details on all inclusions.
Although the policy offers comprehensive coverage, it has some exclusions. Here is a list below:
Disclaimer: This is not a complete list. For full details on all exclusions, please refer to the policy wording.Â
You need to follow the steps below to ensure a smooth claims experience:
Ans: Yes, if the loss arises from a Qualifying Breach of Data Security or an Extortion Threat, it is covered.
Ans: Yes, the definition of Computer System includes third-party platforms like IaaS, SaaS, and PaaS under a written contract.
Ans: Network loss excludes legal costs, system upgrades, and loss from favourable business conditions or indirect causes
Ans: Yes, with a 30-day notice (or 10 days for non-payment), the insurer may cancel the policy.
Ans: You can purchase the policy directly from the official New India Assurance website or through us (Policybazaar for Business). Our experts can guide you in assessing your risks and help you choose suitable coverage, quickly and without hassle.
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