Truecaller introduced an insurance coverage safety plan to guard customers towards cellular frauds on Thursday. The plan, dubbed Truecaller Fraud Insurance coverage, is being provided to the paid subscribers of the app on each Android and iOS. The brand new plan is at present solely accessible in India, and will likely be rolled out in different areas later. The caller ID platform has partnered with HDFC Ergo to supply the insurance coverage protections to customers in India. Notably, the corporate rolled out synthetic intelligence (AI) Name Scanner characteristic final month to stop AI-based voice scams.
Truecaller Fraud Insurance coverage
In a newsroom put up, the corporate stated, “Truecaller is immediately asserting the launch of Truecaller Fraud Insurance coverage. The product is obtainable to premium subscribers and can initially be launched in India for iOS and Android customers.” Saying the insurance coverage product, it highlighted that it was launched to safeguard Truecaller customers from on-line fraud and scams.
The Truecaller Fraud Safety is being provided in partnership with HDFC Ergo, an insurance coverage firm in India which is a three way partnership of HDFC and ERGO Worldwide. Beneath the plan, customers will likely be insured for a complete sum of Rs. 10,000. This fraud protection is built-in inside the app and customers will be capable of activate it as soon as they choose in. The corporate didn’t share any particulars concerning the circumstances the place the insurance coverage may be claimed, or the proof customers should share as a way to get the lined sum.
Nevertheless, the characteristic is not going to be accessible to all. Whereas the corporate talked about that it is just for the Premium subscribers, the product will likely be provided solely to its annual subscribers. Those that are usually not eligible this manner will likely be given an choice to improve their plan to get the advantages.
The corporate additionally highlighted that subscribers of sure plans will get the Truecaller Fraud Insurance coverage without spending a dime of price. Lastly, the Truecaller Household subscribers can choose to increase the safety to the entire members.
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