NEWS & ADVICE : CREDIT CARDS
Free insurance policies with credit cards
By Ankit Sharma
Print    Email    RSS   

Have you ever read the service guide that comes along with your new credit card? If not then you should go through it carefully because there are various insurance covers that are extended to the cardholder. In fact there are covers that provide insurance to both the applicant and the card issuer in case of an unfortunate demise of the cardholder.

There are various credit card insurance benefits that are available in the market but you might not be aware of them. Here are some of the credit card insurance benefits that you can avail and remain safe.

Credit Life Insurance

In case the cardholder expires, the insurance company will pay off the debt you owe. However the amount that would be covered will vary from bank to bank and also depend on the type of the credit card. For instance in case of accidental death, there is a cover from Rs 2 lakh to Rs 40 lakh that is provided to the beneficiary. But to claim this benefit, you need to provide a death certificate and inform the insurance company within 30 days of the cardholder's death. The claim must be made within two months of the death due to an accident.

Credit disability insurance

This insurance protects your credit rating by paying your monthly minimum payment if you become medically disabled. There is a set time period for which the payments will be made and purchases made after the disability will be not covered.


Page  | 123 |  
(Comments Posted : 169) Post Your Comments
1. Best Wishes, cheap student airfares for you, [url= http://discuss.tigweb.org/thread/179712 ]cheap student airfares for you[/url], vagcx, First free erotic stories, [url= http://discuss.tigweb.org/thread/179744 ]First free erotic stories[/url], %)), last minute airfare information, [url= http://discuss.tigweb.org/thread/179702 ]last minute airfare information[/url], 32773, erotic stories here, [url= http://discuss.tigweb.org/thread/179734 ]erotic stories here[/url], 601, Real cheapest airfare tickets, [url= http://discuss.tigweb.org/thread/179724 ]Real cheapest airfare tickets[/url], %]],
Real cheap student airfares (Posted: Mar 20, 2010)
2. best for you, louis vuitton purse information [url=http://discuss.tigweb.org/thread/179652#1]louis vuitton purse information[/url], vpi, secretaries in short skirts stockings price [url=http://discuss.tigweb.org/thread/179688#1]secretaries in short skirts stockings price[/url], 3091, fossil purses online [url=http://discuss.tigweb.org/thread/179644#1]fossil purses online[/url], 70448, mens wallet with change purse [url=http://discuss.tigweb.org/thread/179682#1]mens wallet with change purse[/url], azljo, fendi purses [url=http://discuss.tigweb.org/thread/179672#1]fendi purses[/url], ihxqv,
louis vuitton purse (Posted: Mar 20, 2010)
3. What is it, http://discuss.tigweb.org/thread/179652 All about louis vuitton purse, vusz, http://discuss.tigweb.org/thread/179688 Discount secretaries in short skirts stockings, xzizpf, http://discuss.tigweb.org/thread/179644 fossil purses online, 315924, http://discuss.tigweb.org/thread/179682 mens wallet with change purse, msb, http://discuss.tigweb.org/thread/179672 fendi purses now, hictr,
fossil purses (Posted: Mar 20, 2010)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Converting credit card outstanding into a...
Cash-Back offer at Corporation Bank this...
Disputing errors in a credit report
Petro Cards 101: A detailed guide
The ABN AMRO One Card

I am karsanbhai bachubhai varsani.why my nameis in...
I would like to know my name listed in credit card...
Cvv sell-Cvv sell-Cvv sell-Cvv sell-Cvv sell-Cvv...
can i check my cibil status online
can i check my cibil status online
my name listed in cibil

NEWS THIS WEEK
CIBIL and 31 microfinance institutions unite to set credit bureau Mar 19, 2010
‘Loan against gold’- a new scheme launched by Mahindra Mar 19, 2010
LIC targets half million credit card sales next year Mar 18, 2010
Credit card woes pose as never ending pain Mar 17, 2010
IT and banking tie wedlock: PNB to open IT subsidiary Mar 16, 2010
News Archive