ICICI lombard partners with Airtel Payments Bank for Cyber Insurance

ICICI Lombard General Insurance on Monday said it is offering cyber insurance to customers of Airtel Payments Bank as rising digital payments and transactions pose threat of cyber fraud.

This Cyber Insurance policy provides financial protection to customers against potential financial fraud relating to banking, credit or debit card; identity theft; phishing or email spoofing etc. The policy will provide a 90-day discovery period followed by a seven-day reporting period.