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Credit Card Insurance

About Credit Card Insurance

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.

Available Options

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.
  • Premium is charged monthly per BZ$100 of the outstanding balance.

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. 

  • Coverage terminates at age 70.
  • Maximum Coverage: BZ$30,000
Credit Life Protection: This is a death benefit that ensures your credit card will be paid in the event of your death.
  • Premium is charged monthly per BZ$100 of the outstanding balance. 

    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.   

  • Coverage terminates at age 70.
  • Maximum Coverage: BZ$30,000

Apply Today!

 

Are you a new Credit Card Applicant who is ready to secure your financial future? 

As a new credit card applicant, you can easily protect your card—whether you apply online or with a lender. 

Already have a card? 

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!

Explore the unique coverages tailored for your card below and choose the coverage that best suits your needs!

*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.