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Truecaller and HDFC ERGO have partnered to launch ‘Fraud Insurance’ to protect users from digital fraud.
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The insurance offers coverage of up to Rs 10,000 and is available for free to existing Truecaller users.
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The partnership aims to provide financial protection and peace of mind to users amidst the rising threat of digital fraud in India.
Truecaller, a popular communication app, has joined forces with HDFC ERGO, a leading general insurance company, to introduce ‘Fraud Insurance’. This innovative offering aims to shield users from the growing threat of digital fraud in India. With coverage of up to Rs 10,000, the insurance provides financial protection to users who fall victim to digital scams.
The partnership is a significant step towards combating digital fraud, which has resulted in a staggering loss of Rs 1.25 lakh crore over the past three years. The insurance is available for free to existing Truecaller users and can be activated directly within the app. Truecaller’s existing security features, such as AI spam blocking and call scanner, will also be integrated with the Fraud Insurance.
The collaboration between Truecaller and HDFC ERGO demonstrates their commitment to prioritizing user security and trust. By providing comprehensive solutions, they aim to empower users with peace of mind in the complex digital landscape. The partnership is expected to significantly contribute to financial inclusion and protection against digital communication fraud in India.
