Health & Life

Payment Fraud Protection

Explore protection solutions designed for eligible digital payment and transaction-related risks. As digital transactions increase, the risk of payment fraud also grows. Payment fraud protection insurance helps safeguard you against financial losses from unauthorized transactions and cyber fraud.

Who May Benefit

  • Regular users of digital payment platforms
  • Online shoppers and e-commerce users
  • Small business owners accepting digital payments
  • UPI and mobile banking users
  • Credit and debit card holders

Key Benefits

  • Coverage against unauthorized digital transactions
  • Protection from phishing and cyber fraud losses
  • Coverage for ATM withdrawal fraud
  • SIM swap fraud protection
  • Identity theft protection
  • Affordable annual premiums

Typical Requirements

  • 1Basic personal information
  • 2Types of digital payments used
  • 3Coverage amount preference

Documents Typically Required

  • ID proof
  • Address proof
  • Bank account details (for premium payment only)

How The Process Works

1

Submit your inquiry about payment fraud protection

2

Our team reviews your digital protection needs

3

Receive suitable protection plan options

4

Select the plan that fits your usage

5

Complete documentation and payment

6

Protection policy activated

Frequently Asked Questions

Coverage typically includes unauthorized UPI transactions, internet banking fraud, credit/debit card fraud, ATM skimming, phishing attacks and SIM swap fraud, subject to policy terms.

Most payment fraud protection policies activate immediately or within a short period after purchase. Check the specific policy terms for details.

In case of fraud, you should immediately report it to your bank, file a police complaint and then submit a claim to the insurance company with the required documentation.

Interested in Payment Fraud Protection?

Submit your details and our team will contact you within 24 hours.

Your information is secure and will not be shared.