Truecaller Fraud Insurance Launched in India for iOS and Android Users

Truecaller Fraud Insurance will be available for the app’s Premium subscribers.

Written by Akash Dutta, Edited by Siddharth Suvarna | Updated: 28 June 2024 17:54 IST

Truecaller Fraud Insurance Launched in India for iOS and Android Users

Photo Credit: Truecaller

To offer the insurance protection in India, Truecaller has partnered with HDFC Ergo

Highlights

The Truecaller Fraud Insurance will be offered to annual subscribers
Those not eligible will be given an option to upgrade their plan
Truecaller Family subscribers will be able to cover all family members

Truecaller announced an insurance protection plan to protect users against mobile frauds on Thursday. The plan, dubbed Truecaller Fraud Insurance, is being offered to the paid subscribers of the app on both Android and iOS. The new plan is currently only available in India, and will be rolled out in other regions later. The caller ID platform has partnered with HDFC Ergo to offer the insurance protections to users in India. Notably, the company rolled out artificial intelligence (AI) Call Scanner feature last month to prevent AI-based voice scams.

Truecaller Fraud Insurance

In a newsroom post, the company said, “Truecaller is today announcing the launch of Truecaller Fraud Insurance. The product is offered to premium subscribers and will initially be launched in India for iOS and Android users.” Announcing the insurance product, it highlighted that it was introduced to safeguard Truecaller users from online fraud and scams.

The Truecaller Fraud Protection is being offered in partnership with HDFC Ergo, an insurance company in India which is a joint venture of HDFC and ERGO International. Under the plan, users will be insured for a total sum of Rs. 10,000. This fraud coverage is integrated within the app and users will be able to activate it once they opt in. The company did not share any details about the circumstances where the insurance can be claimed, or the evidence users will have to share in order to get the covered sum.

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However, the feature will not be available to all. While the company mentioned that it is only for the Premium subscribers, the product will be offered only to its annual subscribers. Those who are not eligible this way will be given an option to upgrade their plan to get the benefits.

The company also highlighted that subscribers of certain plans will get the Truecaller Fraud Insurance for free of cost. Finally, the Truecaller Family subscribers can opt to expand the protection to all of the members.

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Further reading: Truecaller, Android, iOS, HDFC, Apps

Akash Dutta Email Akash Dutta

Akash Dutta is a Senior Sub Editor at Gadgets 360. He is particularly interested in the social impact of technological developments and loves reading about emerging fields such as AI, metaverse, and fediverse. In his free time, he can be seen supporting his favourite football club - Chelsea, watching movies and anime, and sharing passionate opinions on food. More