Due to a recent hack of the credit bureau data ‘’Experian’’, where 24 Million people’s information is now exposed.
We have seen a drastic increase in claims during Covid 19 lockdown period. Fraudsters have more time on hand to try and scam you in many different ways.
We believe that this product "FUNDS PROTECT" is no longer a ‘’Nice to have’’ but a ‘’Need to have’’
What it covers:
Funds Protect covers your BUSINESS against a
1 A Loss of Funds
2 From an account in the name of the Business
3 As a result of a Funds Transfer
4 Whether authorised or unauthorised
5 Due to the fraudulent conduct of a third party
6 Which is irrecoverable from the bank or third party
Funds Protect covers YOU against a
1 A Loss of Funds
2 From an account in YOUR name
3 As a result of a Funds Transfer
4 Whether authorised or unauthorised
5 Due to the fraudulent conduct of a third party
6 Which is irrecoverable from the bank or third party
Scenarios covered (Not an exhaustive list)
· E-mail interception
· Transactions due to stolen identity
· EFT/Deposit scams
· Hacking/Phishing/Vishing attacks
· Demands for ransomware attacks, denial of service attacks
· Sim Swap Fraud
· EFT Fraud
· Online Banking fraud
· Accommodation booking scams
· Bogus Property Rentals
· Fraudulent Invoices
· Eft Duping Event
· Unauthorised transfer of funds event
· Cyber Extortion Event
· Classified Scams (Personal only)
Unique features:
- No excess payable
- Affordable
- No waiting period
- 90 days to claim from date of transfer
Did you know?
Did you know that +- 800 Million was lost due to fraud from South African bank accounts alone according to recent statistics obtained from the South African Banking Risk Information Centre (SABRIC).
- Did you know that 82% of cases not reimbursed by the financial institution lands up on the ombudsman table in favour of the financial institution and not the client.
What would you do if your hard-earned cash disappeared from your bank account?
Should you be interested please contact us through our website www.esbrokers.co.za