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Terms & sharing personal information

By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, applicable laws and regulations and their compliance. If you disagree with any of the stated terms and conditions, you are prohibited from using or accessing this site. The materials contained in this site are secured by relevant copyright and trade mark law.

Sharing of your personal information

The information provided to us will not be shared to any third party in any circumstances. All personal information you supply is protected according to the federal government’s Privacy Act.

Purposes of collection of data

The information provided to us will not be shared to any third party in any circumstances. All personal information you supply is protected according to the federal government’s Privacy Act.

Cover360.in collects information upon registration or login the website for usage of the products/insurance available on the site. The information asked for, are may be in nature of personal. During the use of website some or more information may be asked. Which can be verified through sms & email notifications etc. Providing the information will be considered the consent to use this data for further sharing the information with you for the new products renewal of insurance. This information/data will also be shared with insurers for seeking the insurance solution and insurance policy thereon.

This website is designed, developed and maintained by Cover360. Though all efforts have been made to ensure the accuracy and currency of the content on this website, the same should not be construed as a statement of law or used for any legal purposes. In case of any ambiguity or doubts, users are advised to verify/check with the Company and/or other source(s), and to obtain appropriate professional advice.

Under no circumstances will this Company be liable for any expense, loss or damage including, without limitation, indirect or consequential loss or damage, or any expense, loss or damage whatsoever arising from use, or loss of use, of data, arising out of or in connection with the use of this website.

These terms and conditions shall be governed by and construed in accordance with the Indian Laws and terms and conditions which will be laid down from time to time. Any dispute arising under these terms and conditions shall be subject to the jurisdiction of the courts of India.

The information posted on this website could include hypertext links or pointers to information created and maintained by Non-Government / Private Organizations.

Cover360 is providing these links and pointers solely for your information and convenience. When you select a link to an outside website, you are leaving the cover360 website and are subject to the privacy and security policies of the owners/sponsors of the outside website.

Cover360 does not guarantee the availability of such linked pages at all times.

Copyright Statement

Material featured on this site may be reproduced free of charge in any format or media without requiring specific permission. This is subject to the material being reproduced accurately and not being used in a derogatory manner or in a misleading context. Where the material is being published or issued to others, the source must be prominently acknowledged. However, the permission to reproduce this material does not extend to any material on this site, which is explicitly identified as being the copyright of a third party. Authorization to reproduce such material must be obtained from the copyright holders concerned.

Hyperlinking Policy

We do not object to you linking directly to the information that is hosted on our site and no prior permission is required for the same. However, we would like you to inform us about any links provided to our site so that you can be informed of any changes or updates therein. Also, we do not permit our pages to be loaded into frames on your site. Our website's pages must be loaded into a newly opened browser window of the user.

In addition, at many places in this website, you shall find links to other websites (external links). These external links have been placed for your convenience. Cover360 is not responsible for the contents and reliability of the linked websites and does not necessarily endorse the views expressed in them. We cannot guarantee that these links will work all the time and we have no control over availability of linked pages.

Online Payment Terms & Conditions

Dear Customer,

You are being re-directed to a third-party site. By clicking on the check box, it is assumed that the “Payment Terms & Conditions” have been read and accepted by you.

• By accepting to Make Payment Online, it is implied that you agree to the terms and conditions of Net Banking System/ Credit Card Company or the respective entities.
• The accuracy or completeness of the materials or the reliability of any advice, opinion, statement or other information displayed or distributed through it, is not warranted by Cover360 and shall solely be construed to be set forth by the third party.
• The site shall be used solely for the payment of your premium and your acknowledgment that any reliance on any opinion, advice, statement, memorandum, or information available on the site shall be at your sole risk and consequences.
• Cover360 and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services of the service provider whose site you are about to access.
• Neither Cover360 nor any of its affiliates nor their directors, officers and employees will be liable to or have any responsibility of any kind for any loss that you may incur in the event of any deficiency in the services of the service provider, failure or disruption of the site of the service provider, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials in accordance thereto, Cover360 and all its related parties described here in above stand indemnified from all proceedings or matters arising thereto.
• Once the payment transaction has been submitted, any request for refund will not be entertained. If the Service, however, causes an incorrect amount of funds to be debited from your Payment Account or causes funds from your Payment Account to be directed to a Payee which does not comply with your Payment Instructions, the Service provider shall be responsible for returning the improperly transferred funds to your Payment Account.
• For all transactions before payment, the company will display a transaction id and the user should make note of the same and should be quoted in all future communications with reference to this transaction.
• Online Policy generation will be done on acknowledgment of the premium is received from payment gateway as to successful payment.
• In the exigency of connection getting timed out or user clicking to close the browser before getting payment confirmation message or broken transaction arising out of any other cause, the customer shall check with his bank before proceeding to make subsequent payment for the same proposal. In respect of broken transactions, online policy generation facility is not available.
  On receipt of confirmation from payment gateway which takes about 72 hours (from the date and time of transaction), Cover360 shall update the payment status of these records. In respect of successful transactions, the policies will be e-mailed to the customer.
• The company shall not be responsible for non-delivery of policy if the insured had provided wrong e-mail address.
• For any issue relating to online policies, the company can be reached in the e-mail cover360@wibl.in

Manner of premium payments

The premium to be paid by any person proposing to take an insurance policy (hereinafter referred to as the proposer) or by the policyholder to an insurer may be made in any one or more of the following manner(s), namely:

• Cash
• Any recognized banking negotiable instrument such as cheques, including demand drafts, pay orders, banker’s cheques drawn on any scheduled bank in India
• Postal money orders
• Credit or Debit Cards held in his name
• Bank Guarantee or Cash Deposit
• Internet
• E-transfer
• Direct credits via standing instructions of proposer or the policyholder or the life insured through bank transfers; and
• Any other method of payment as may be approved by the Authority from time to time.

Commencement of Risk

In all cases of risks covered by the policies issued by an insurer, the attachment of risk to an insurer will be in consonance with the terms of Section 64VB of the Act and except in the cases where the premium has been paid in cash, in all other cases the insurer shall be on risk only after the receipt of the premium by the insurer.

Provided that in the case of a policy of general insurance that where the remittance made by the proposer or the policyholder is not realised by the insurer, the policy shall be treated as void ab-initio.

Provided further that in the case of a policy of life insurance, the continuance of the risk or otherwise shall depend on the terms and conditions of the policy already entered into.

More than ever before, intellectual property claims involving infringement of patent, copyright and trademark are being filed and litigated at a tremendous cost to both parties. The majority of companies that have developed and maintained valuable intellectual property often lack the financial resources to either defend or enforce it.

Here at COVER360 we provide coverage for intellectual property exposures, with an emphasis in the area of patent infringement.

There are three basic types of policies :

1. Defense and Indemnity

This policy will provide defense coverage for the insured in the event of a patent infringement suit and, in the event of liability, will pay damages, including prejudgment interest.

2. Defense Only

This coverage is for defense only and does not pay any damages under the contract.

3. Offensive Policy

Known as "infringement abatement insurance" or "enforcement" coverage, this policy is designed to reimburse the insured for legal expenses associated with pursuing an infringement party.

Here are some benefits for why we should buy these policies

• Prevent loss of market share by timely and forceful response to infringement.
• Prevent unexpected loss of cash on operations, thereby protecting the company’s balance sheet.
• Provide adequate litigation funds to increase the possibility of obtaining a favorable decision for the intellectual property holder.
• Deter infringement by demonstrating the financial ability to protect corporate intellectual property.
• Reduced pressure on the intellectual property holder to settle for unfavorable terms given mounting legal expenses.

Insurance is the subject matter of solicitation. Purchase of insurance products are purely on voluntary basis. We at Cover360 have put in best efforts to provide the visitors accurate, clear and un-bias information about insurance products and services. As the market risks change frequently, we recommend the customers to please read the subject and other documents e.g. sales brochure carefully before concluding a sale.

In our endeavor to make the correct policy, product comparison, quotes based on the information provided by the insurer we try our best to maintain the high quality and accuracy of the material on the portal.

There is no intention or purpose of violating any intellectual property or ancillary rights. All information provided on the portal Cover360 is subject to its discretion and is likely to change without any notice.

Although we have tried to maintain high standards in quality, clarity and accuracy of the material posted on the portal. Cover360 is not legally responsible for the same in any manner what so ever.

In case of a refund due to cancellation of the insurance policy – either by the insured or by the insurer or due to erroneous transactions the premium will be refunded through cheque or direct credit to the account of customer as per the policy of the insurance company.

For any insurance product purchased via Cover360 - Barring few plans, a soft copy of the policy / endorsement will be emailed to the client by Cover360 or the insurance company.

A hard copy of the insurance policy / endorsement will also be couriered to the client by the insurance company within 15-21 days of buying the insurance policy.