Credit Card Insurance
Credit Card Insurance is a type of coverage that protects cardholders from certain financial risks associated with using their credit cards. This insurance can cover various situations, such as loss of income due to unemployment, theft of the card, or fraudulent charges. It helps ensure that cardholders can manage their payments and financial obligations even in unexpected circumstances.
Many credit card companies offer this insurance as an optional service, often for a monthly fee. It's important for consumers to read the terms and conditions carefully, as coverage limits and exclusions can vary significantly between different credit card providers.