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Finally, an insurance against credit card fraud
Sir, The article and policy promises are appeared to be excellent I thing it is only imagination. After the receipt of the Policy from M/s Tata-aig general insurance Co. I have raised some query related to cancel of the policy. There is lot of confusion on initial stages itself and my queries are yet to be replied even though a month is over.Hope for best,sleepless at rest. Thanks, sankaran s
Sankaran s (Posted: Aug 18, 2008)
A Very detailed article indeed. However the article slightly misleads. Most of the credit card frauds today occur due to identity thefts and not necessarily due to physical theft of the card. In such cases, the card holder may not know that the card has been misused within 12 hours (unless ALL card transactions are intimated to user by SMS IMMEDIATELY and such facility is not available).

However, all said and done, it is a move in the right direction and there is some relief for the card holder.
raman (Posted: Jun 26, 2008)



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