In this digital world, everyone carries plastic money, credit card. If you carry numerous banks credit cards, you will feel confident and powerful. The happiness and confidence will immediately turn into a nightmare if you lose your credit cards. Don’t worry. You have ways to handle such a situation. One of the conventional methods is to call the customer care number of your credit card. What if you have numerous cards? In that case, the conventional method becomes ineffective. Hence, it would be best if you got credit card insurance to protect your credit card from fraudulent transactions or misuse instantly. The plan is commonly known as Credit Protection Plan (CPP). Well, let us try and explore few more interesting facts about CPP in this blog.
What is credit card insurance or CPP?Credit card insurance or card protection plan protects all types of credit, debit, retail cards, etc., against all the monetary loss caused due to theft, loss, or fraud on the card. To avail this type of insurance on cards, you need to pay a fixed annual fee to the insurance company. In India, there are two well-known insurance service providers for credit cards, OneAssist and CPP. They have a wide range of plans which suit your credit card limits and facilities. Why credit card insurance?Certain features make credit card insurance vital for every credit cardholder.
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AuthorAlisha Antil is your best financial helper for insurance. She has a vast experience in finance and insurance and provide to you the expert advise in insuring your property and health. She has in depth knowledge and has written more than 1200 blogs on topics related home and car insurance. She also provide you with knowledge about home improvement and cooking. Categories
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