‘Digital Suraksha Group Insurance’- Flipkart and Bajaj Allianz

Published on October 01, 2020
Current Context: Bajaj Allianz General Insurance in collaboration with E-commerce platform, Flipkart has launched a cyber insurance cover for online financial frauds. 
‘Digital Suraksha Group Insurance’- Flipkart and Bajaj Allianz
  • The name of cyber insurance cover is ‘Digital Suraksha Group Insurance’. 
  • This insurance cover allows customers to protect themselves from finance frauds like cyber-attacks and other malicious activities. 
  • ‘Digital Suraksha Group Insurance’ is an effort of Flipkart to make online shopping safe and secure. 
  • Customers can avail this insurance with one year cover at premium of Rs 183 for a cover of Rs 50,000, at premium of Rs 312 for a cover of Rs 1 Lakh and at premium of Rs 561 for a cover of Rs 2 lakh. 
  • It will compensate for financial loss due to unauthorized digital financial transactions as a result of identity theft arising out of cyber-attacks, SIM Jacking etc. 
  • Static Part: 
    • HQ of Bajaj Allianz General Insurance: Pune
    • MD and CEO of Bajaj Allianz General Insurance: Tapan Singhel
    • HQ of Flipkart: Bengaluru
    • CEO of Flipkart: Kalyan Krishnamurthy

Question: 

Q.1 Who among the following launched ‘Digital Suraksha Group Insurance’?
a. Flipkart and Bajaj Allianz General Insurance 
b. Snapdeal and ICICI Bank
c. Amazon and HDFC Ergo 
d. Myntra and IFFCO Tokio General Insurance

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