NEWS & ADVICE : CREDIT CARDS
Free insurance policies with credit cards
By Ankit Sharma
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Lost baggage insurance

You are also covered for the checked baggage that is lost due to theft or loss during domestic and international flights. This cover is provided if the baggage is not found after 48 hours of arrival at the destination.

Purchase protection

Some card companies provide free purchase protection where stuff purchased through the credit card is insured against damage or loss due to fire or theft or other incidents listed in the policy of the company. Normally this cover is provided for a 180 day period from the date of purchase. However this period may differ from insurer to insurer and also the amount that can be claimed may vary.


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