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Cyber insurance for individuals: do you really need it?

By Editorial Team· 24 May 2026· 4 min read
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Cyber insurance for individuals: do you really need it?

Cyber insurance for individuals covers financial losses from identity theft, phishing, online banking fraud, social-media account hijacking, and ransomware. Premiums start at ₹999/year for ₹1 lakh cover.

Who should buy?

Heavy online-banking users, high-net-worth individuals, freelancers handling client data, or anyone who's already had a "close call" with phishing. The cost is low enough to be a no-brainer for most.

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E
Editorial Team

Independent insurance writers and former product managers from leading insurers — focused on plain-English explainers, no marketing fluff.

Published 24 May 2026· 4 min read