Credit Card Protection Insurance

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Credit Card Protection Insurance: Safeguarding Your Finances

At Leonard Trust, our Credit Card Protection Insurance provides an added layer of security for cardholders, ensuring financial protection in case of unforeseen events. This insurance offers coverage for outstanding balances and provides peace of mind during challenging times.

What is Credit Card Protection Insurance?

  • Coverage for Outstanding Balances: Credit Card Protection Insurance covers outstanding balances on your credit card in situations like disability, critical illness, or death.
  • Financial Security for Loved Ones: Protects your family from being burdened with your credit card debts in case of unexpected events.
  • Tailored Protection: Designed to align with your credit card usage, ensuring a specific level of coverage based on your card’s outstanding balances.

Key Benefits of Credit Card Protection Insurance

  • Payment Assistance: Covers minimum payments or the outstanding balance on your credit card during periods of disability or critical illness.
  • Financial Relief: Provides financial assistance to your family by paying off the outstanding credit card balance in the event of your death.
  • Customizable Coverage: Tailor coverage to suit your specific credit card usage and outstanding balances, ensuring adequate protection.

How Credit Card Protection Insurance Works

  • Coverage in Case of Disability or Critical Illness: Assists in making payments or covers the outstanding balance if you’re unable to work due to disability or critical illness.
  • Death Benefit Coverage: Pays off the remaining balance on your credit card in the event of your death, easing the financial burden on your family.

Obtaining Credit Card Protection Insurance

  1. Consultation: Schedule a consultation with a Leonard Trust insurance advisor to understand Credit Card Protection Insurance and its benefits.
  2. Policy Setup: Customize a policy aligned with your credit card usage, ensuring suitable coverage for your outstanding balances.
  3. Peace of Mind: Gain assurance that your family won’t be burdened with your credit card debts in unexpected situations.

Secure Your Financial Well-Being

Protect yourself and your loved ones from unforeseen financial challenges with Leonard Trust’s Credit Card Protection Insurance. Ensure that your outstanding credit card balances are covered, providing financial security during difficult times.