| |
Here is the most impressing info on
finding the best credit card
Credit Card and Insurance
Credit card and insurance are two very important financial services in modern sociaty. In a world that is built on the basis of credit, credit cards is a part of daily life for most ordinary people. Insurance, on the other hand, is something to protect you from uncertainty which may happen unexpectedly to anybody. The idea of insuring the future is now accepted by more and more people. Insurance and credit cards go hand in hand in many ways.
Coverage for certain insurance policies are sometimes provided as benefit by credit cards issuers at no extra charge. For example, Chase i-card provides the following insurance coverage:
$500,000 Worldwide Automatic Travel Accident Insurance coverage
Purchase Protection - an insurance program that covers purchases against damage or theft for 90 days from purchase date
Auto insurance and travel insurance are usually such benefit for cardholders.
For an additional premium, insurance protection plans are also available for cardholders to protect an outstanding balance on the cards. Usually, the insurance policy will cover the following:
Critical Illnes Protection: For a primary or spousal cardholder under 65 years of age and were to be diagnosed with certain critical illnesses, such as Cancer, Heart Attack or Stroke, the insurance policy would pay in full the balance owing on the insured account up to a maximum.
Disablitily Protection: For primary cardholders under 65 years of age who become temporarily disabled as a direct result of an illness or accident, this insurance policy will make the minimum monthly payments with certain limitation.
Accidental Death Protection: For primary or spousal cardholders over 65 years of age and were to lose their life as a direct result of an accident, the full outstanding balance (to a maximum limitation) will be paid in full by the insurance plan.
Job Loss Protection: For a primary cardholder under 65 years of age and he or she becomes involuntarily unemployed, the insurance policy will cover the minimum monthly payments based on the balance to a certain limitation until the cardholder is working again, or until your balance is reduced to zero.
Dismemberment Protection: For a primary or spousal cardholder who were to lose the sight in both eyes or lose a limb as a direct result of an accident, the insurance policy will pay the outstanding balance up to a maximum.
Strike Protection: For a primary cardholder under 65 years of age who become unemployed due to a strike or lockout, the insurance policy will make the minimum monthly payments up to a limitation until the insured resume working or the balance is reduced to zero.
Loss of Life Protection: This insurance policy will pay the full balance on the credit card account to a certain maximum if the primary or spousal cardholder under 65 years of age lose their life.
Insurance for credit cards is a service that is getting hotter. However, usually this service is provided by the card issuer. The cardholder is notified normally by mail along with their monthly bill or at the time when they get the cards. There are growing concerns about fraud within unsolicited credit card insurance marketing activities. Some thieves use this as a way to steal your personal confidential information. As a rule of thumb, never give your confidential information over phone!
The above information is informational only. For accurate insurance policy, please contact your card issuers or local insurance agents before you take out any insurance policy.
If you are interested in Life Insurance, Auto Insurance, Health Insurance, Home Insurance, or other Specialty insurance, visit angelinsuredeal.com to get a free insurance quote.
About the Author
Editor of http://www.angelinsuredeal.com
More Useful Resource and Updates on finding the best credit card
- No warning: Why credit card rates jump from 7 to 19 percent (WTOL 11 Toledo)
David Giantomasi was shocked when the interest rate on his Chase credit card suddenly jumped to 19.99%, up from 7.99%. When he called the card issuer, he was enraged by the explanation.
- CreditCards.com: Weekly Credit Card Rate Report (Centre Daily Times)
Annual percentage rates for new credit card offers dipped lower this week, according to the CreditCards.com Weekly Credit Card Rate Report.
- CreditCards.com: Weekly Credit Card Rate Report (wallstreet:online AG)
Annual percentage rates for new credit card offers dipped lower this week, according to the CreditCards.com
- Be Prepared for Arguments and Snooping When Sharing Credit Card Accounts (Business Wire via Yahoo! Finance)
AUSTIN, Texas----Nearly one in five people who share credit card accounts say use of the accounts has sparked arguments with the other person, according to a new CreditCards.com poll.
- Credit-Card Rage (BusinessWeek Online via Yahoo! News)
David Giantomasi says he vigilantly paid his credit-card bills each month. Even if he could only make the minimum payment, he made sure to get all his monthly payments squared away. So he was shocked when the interest rate on his Chase credit card suddenly jumped to 19.99% from 7.99%. When Giantomasi called the card issuer to demand an explanation, he was enraged. He was told that overall ...
- TCM Bank, N.A. Selects Cypress Software Systems' Mark IV to Automate Credit Card Application Process (Centre Daily Times)
TCM Bank, a subsidiary of the Independent Community Bankers of America (ICBA) and ICBA Bancard, has chosen Cypress Software Systems LP's Mark IV software to automate the credit card bank's consumer credit card application process.
- Small Businesses Dissatisfied With Credit Card Processors (Marketwire via Yahoo! Finance)
A new survey shows small businesses are dissatisfied with their credit card processing arrangements. Transparent Financial Services, operator of the only comparison shopping website for business financial services, today released the results of a survey that indicates many small businesses have little trust or loyalty to their credit card processor (also known as a merchant account provider). ...
- Be Prepared for Arguments and Snooping When Sharing Credit Card Accounts (Centre Daily Times)
Nearly one in five people who share credit card accounts say use of the accounts has sparked arguments with the other person, according to a new CreditCards.com poll. The amount of personal conflict greatly increases when shared account holders are dissatisfied with their current credit card.
- Kids urge dad to start credit card processing business (Rochester Democrat and Chronicle)
A Rochester man, at the urging of his children, founded a credit card processing business that now has 2,000 clients.
- Bajaj Allianz to enter credit card business (The Telegraph)
Calcutta, Aug. 26: Bajaj Allianz Financial Distribution Ltd (Bafdal), a 50:50 joint venture between Bajaj Finserve Ltd and Allianz SE of Germany, plans to start credit card business soon.
- Finding the Best Credit Cards - Learn at Equifax
Learn how to evaluate the costs and terms when looking for a new credit card. ... CREDIT. RESOURCES. Finding the Best Credit Cards. Print this page ...
- Finding the Best Credit Card
"What is the best deal to look for in a credit card? ... compare a few different cards to find it. Begin by considering how you use your credit card. ...
- SOHO Finance -- Finding The Best Credit Card
Finding The Best Credit Card. by Gary Foreman of The Dollar Stretcher. gary@stretcher.com ... The best strategy for Karen could be to carry two cards. ...
- Finding the Best Reward Credit Cards
... how to find the very best reward credit cards available anywhere in the credit card marketplace. ... Finding the best reward credit cards does not have to ...
- Find the best credit card for you by Bankrate.com
To find the best credit card, first decide which card works best for your lifestyle. ... Inside: Credit cards | Secured credit cards. Glossary. Help. Mortgage ...
- bizjournals: Best Credit Cards
Balance Transfer Credit Cards info from ... Finding The Best Credit Cards ... credit card comparison, you'll see the APRs of all your potential credit cards. ...
|
|
|
