• Life Insured: The life insured is the principal cardholder.
• Sum Insured: The sum insured is the outstanding debit balance owed by the cardholder to the policy holder subject to a pre-defined maximum limit.
• Benefits: The Life Cover with inbuilt Total and Permanent Disability Benefit.
• Premium Calculation/Payment Mode: Premium is usually calculated based on a flat rate against the total monthly outstanding debit balance of all insured cardholders on a pre-determined date. Premium is paid on a monthly basis.

Credit Shield Plus

In addition to the benefits provided by the Group Credit Card Term Insurance Protection Plan, Credit Shield Plus offers insurance cover for

• 9 Critical Illnesses :
     Cancer, Stoke, Heart Attack, Coronary Artery Bypass Graft Surgery, Kidney Failure,
     Major Organ Transplant, Pulmonary Hypertension, Aorta Surgery and Paralysis
• Total and Temporary Disability.

Want to know more?

• Disclaimer