In today's time, while making payments through credit cards, there is a fear that someone is stealing our data. In such a situation, now you can make your credit card extra secure. Yes, you can get your credit card insured. We will tell you how credit card insurance is beneficial.
What is Credit Card Insurance?
In credit card insurance, you have to pay a fixed amount of premium. After the payment of this premium, your credit card will be insured. This insurance protects your card from financial loss.
Benefits of credit card insurance
Helps in shopping
The item purchased is also covered by this insurance. Understand it like this if you have purchased any item and it turns out to be broken or damaged, then you can claim under insurance.
Benefits of travel insurance
Many insurance companies also include travel insurance in credit card insurance. It provides security in case of accident or theft during travel.
Users are at peace of mind.
Credit card and debit card insurance gives peace of mind. It provides financial security.
Protects from fraud
Card insurance also helps in protecting from cyber fraud. If someone steals your card or any kind of fraud happens, then under this insurance you can claim for the loss.
Ban on wrong transactions
In today's time, many times wrong transactions are done in a hurry. In this insurance, the service of stopping illegal transactions is available. After taking this insurance, no one can do a transaction without the permission of the user. If this happens, then the transaction is automatically stopped under advanced security.
Let us tell you that under this insurance, you can also provide security to your other assets like a laptop, mobile, etc.
These facilities are also available.
If ever your card is lost or stolen, then you also get replacement cover in this insurance. Apart from this, many emergency services are also available in insurance. It also provides medical, legal, and travel assistance.