| Funds Protect Personal Protecting you against a loss of funds due to fraud | Cyber Protect Personal Protecting you against cyber risks |
|
|---|---|---|
| Core Focus | Financial fraud and EFT scams | Cybercrime, identity/data theft, extortion, bullying |
| Loss Type | Irrecoverable funds from bank accounts | Cyber-related incidents & data loss |
| Cover Includes | EFT fraud, phishing, vishing attacks | Identity theft, cyberbullying, cyber extortion, data recovery |
| Online Shopping Protection |  |  |
| Cyber Liability | | |
| Ransom/Extortion Events | (10% of cover limit) | (10% of cover limit) |
| Device Damage or Data Recovery | | |
| Bank Account Protection | | |
| Claim Trigger | Funds transfer | Cyber emergency |
| Emergency Response Team Access | | 24/7 Dedicated Team |
| Minimum Premium | R45/month | R60/month |
| Number of Insureds | Individual only | Individual, Couple, Family |
| Excess Payable | | |
| Standalone Option | | |
| Ideal For | Anyone with a bank account and transacts digitally | Anyone active online or using connected devices |
| + Includes Funds Protect |
In many cases, clients opt to Cyber Protect to ensure broad coverage across digital and financial threats.
Cyber Protect includes Funds Protect as part of its structure and provides additional support for data recovery, system restoration, and third-party liability following cyber-related incidents.
Funds Protect is also available as a standalone product for clients who require focused protection for irrecoverable fund transfers but do not need the broader cyber risk components.
Want to Know More?
This product is distributed through licensed insurance brokers. If you’d like more information:
Email: enquiries@phishield.com
