Life insurance for Credit Cards is an insurance product that is designed to offer coverage if a defined event such as death or a covered critical illness occurs. Critical illness includes heart attack, stroke, and life-threatening cancer.This insurance can easily pay off all or a part of your outstanding credit card balance, relieving your loved ones of that added financial pressure. The premium is charged on the previous month’s statement balance.
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Critical Illness Protection: This is a living benefit that pays the outstanding balance on your credit card as of the date of diagnosis of a covered critical illness. |
Single coverage is $0.29
Joint (credit card with a supplementary holder) coverage is $0.52.
The product offers coverage only for the primary holder and one joint holder. Any other additional holders will not be covered under this policy and no additional insurance premium will be charged.
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Credit Life Protection: This is a death benefit that ensures your credit card will be paid in the event of your death. |
Single coverage is $0.53
Joint (credit card with a supplementary holder) coverage is $0.95.
The product offers coverage only for the primary holder and one joint holder. Any other additional holders will not be covered under this policy and no additional insurance premium will be charged.
As a new credit card applicant, you can easily protect your card—whether you apply online or with a lender.
If you’re only protected by one plan, you can upgrade your coverage.
Don’t miss the chance to ensure you’re fully covered—upgrade now and enjoy peace of mind!
*You can review your respective card’s Terms and Conditions in the Credit Protection Plan previous provided to you or via the above forms attached.