What is Personal Funds Fraud | Insurance glossary by upcover

This cover responds when hackers or fraudsters access personal banking connected to a company, such as director accounts used for business expenses. For example, if a tradie’s joint business account is drained via phishing, this benefit reimburses the loss. Why it matters: It bridges personal and business financial exposure in modern online banking environments.

Related Terms

Cybercrime & Fraud Cover (Business Pack)

Electronic Data Recovery (Business Pack)

Data Breach Cover (Business Pack)

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Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

Related Term

Cybercrime & Fraud Cover (Business Pack)

Electronic Data Recovery (Business Pack)

Data Breach Cover (Business Pack)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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