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 Pub date
2009-11-01

Credit Card Insurance

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Credit Card Insurance
Credit card insurance credit card insurance
When using credit cards to cardholders due to non-bona fide overdraft, credit card is lost or stolen after infringement, the use of credit card issuers employees for losses caused by corruption or embezzlement of public funds for the insurance subject of insurance.
Generally refers to the issuing bank with the insurance company signed an agreement required to pay a certain premium each year, the event of contract in which the risk of loss by the insurance company liable for a credit card business risk management. Commonly known as "loss of cards or insurance business", which mainly include two types of credit insurance: credit cards credit guarantee insurance and credit card accident liability insurance.
Credit guarantee insurance or credit card bank credit card Insurance Department, as the insured and the insured person or other reasons due to the cardholder to the bank card department could not recover economic losses caused by compensation for a kind of insurance.
Accident liability insurance card or insurance company to the cardholder as the insured person, for a result of credit card after credit card lost or stolen report the loss under the Department before the effective date of infringement can not be caused by the recovery, and this should be the cardholder self-sufficient compensation for economic losses a kind of insurance.


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