Solution:Cyber insurance is a sub-category of general insurance that covers businesses and individuals against internet-based liability and risks. There are generally two levels of cyber security coverage: first-party and third-party.
First-party coverage encompasses direct losses to an organization or individual, whereas third-party coverage extends to claims and legal action taken by customers or partners.
In India, under cyber insurance for individuals, any damage or destruction to any tangible property is not covered. Hence, cost of a new computer if some miscreant wilfully damaged it, is not generally covered under individual cyber insurance policy.
These policies provide only restoration costs of individual's computer due to damage caused by malware or any other cyber attack. Benefits given in the other options are generally covered under the cyber insurance policy for individuals in India.