Having credit card is good while your Customer is active and earning enough to pay the bills. But due to sudden unexpected incident may cause discomfort both for the Bank and the Customers as defaults due to Customer death or disability. The credit card outstanding then becomes a serious burden for the Card Holder or his/her family. Our credit card shield product will remain as a trusted friend to give relief to cover the uncertainties at this difficult time by paying the Outstanding to the Bank. Also the Family will get a sum equal to outstanding as Death Benefit.
Various features that Banks can add with their Credit Cards:
- Offers up to 200% of outstanding balance of credit card due to natural death or PTD.
- Covers critical illness
- Health Benefit (both Outpatient Department [OPD] and In patient Department [IPD]