ICICI Lombard and Mobikwik collaborates to provide Insurance cover of Rs 50,000

ICICI Lombard and Mobikwik has announced a partnership to avail cyber-insurance cover of Rs 50,000 crore to defend against online frauds. This partnership aims to provide protection against unauthorised and fraudulent transactions online, across bank accounts, debit/credit cards and mobile wallets. This cyber-insurance can be availed digitally through an app at only Rs 99 per month and with a sum insured of Rs 50,000, said a release.