credit card insurance generally refers to a credit card business risk management method in which the issuing bank signs an agreement with the relevant insurance company to pay a certain premium every year according to the regulations, and the insurance company is responsible for compensation when the risk loss stipulated in the contract occurs. Commonly known as "lost card insurance business", this kind of credit card insurance mainly includes two types: credit guarantee insurance and credit card accident liability insurance.

credit card credit guarantee insurance is an insurance in which an insurance company takes the bank credit card department as the applicant and the insured, and compensates the irrecoverable economic losses caused to the bank credit card department by the cardholder or other reasons.

credit card accident liability insurance is a kind of insurance that the insurance company takes the cardholder as the insured, and compensates the economic loss that cannot be recovered and should be borne by the cardholder because the credit card is lost or stolen and is fraudulently used by others before the effective date of loss reporting stipulated by the credit card department.