Categories: Banking

SBI General Insurance launches Cyber VaultEdge insurance plan

SBI General Insurance has launched the Cyber VaultEdge insurance plan, a comprehensive cyber insurance cover for individuals that provides protection against financial losses arising from cyber risks and attacks. Individuals exposed to any form of cyber risks can buy this policy for themselves and their family. Family includes self, spouse, and 2 dependent children (up to 18 years of age).

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About the Cyber VaultEdge insurance policy:

  • Some of the major inclusions of the policy includes theft of Funds, Identity Theft, Cyber Bullying, Cyber Stalking and Loss of Reputation, Cyber Shopping, Online shopping, Social Media and Media Liability, Network Security Liability, Privacy Breach and Data Breach Liability, Smart Home Cover amongst others.
  • Some of the major advantages of buying the cyber insurance policy is protection against cyber risks. The policy takes care of legal costs and expenses incurred in pursuing or defending legal action against/by a third-party. Further, the policy reimburses the expenses incurred for the services of an IT specialist or to restore data.

Important Takeaways For All Competitive Exams:

  • SBI General Insurance Headquarters location: Mumbai;
  • SBI General Insurance MD & CEO: Paritosh Tripathi;
  • SBI General Insurance Founded: 24 February 2009.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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Sumit Arora
4 years ago

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