First, let’s understand, what is credit card insurance? Credit card insurance: generally refers to the relevant agreement signed by the card issuer and the relevant insurance company. According to the regulations, the card issuer pays a certain insurance fee to the insurance company every year. When the insured suffers a risk loss specified in the contract, the insurance company will be responsible. Compensating a certain amount is a way of risk management in the credit card business. Usually it mainly includes two types, credit card credit guarantee insurance and credit card accident liability insurance.
Secondly, let me introduce again, is credit card insurance reliable? Of course, credit card insurance is reliable. Generally, banks sell insurance through telephone calls. These are basically insurance products owned by the bank itself. They can usually be found on the bank's official website and have legal protection effects. At the same time, it should also be noted that if you purchase insurance, the insurance premium will be included in your bill. However, due to major bank policy issues, some banks do not include the insurance premium in the minimum repayment amount, and you need to repay it in full. Yes, be sure to check the bill carefully. Introducing, you can apply for credit cards from various banks quickly and safely!