Credit Card Insurance

Today with the credit card statement, I have recieved a pemplet on Credit Card Insurance from ICICI Lombard. The policy is named as Protection Plus Insurance. It covers -
1- Lost card Liability
2- Credit Shield
3- Purchase Protection
4- Personal Accident

Anybody has any idea on the insurance and is it worth to buy.

Quote:

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Originally Posted by CopyCat

Today with the credit card statement, I have recieved a pemplet on Credit Card Insurance from ICICI Lombard. The policy is named as Protection Plus Insurance. It covers -
1- Lost card Liability
2- Credit Shield
3- Purchase Protection
4- Personal Accident

Anybody has any idea on the insurance and is it worth to buy.

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Please read in the fine prints, normally it covers after you have informed the card company. I have read TATA-AIGs policy on similar terms, but I have not bought that due the above reason.

Copycat its not a good policy. Please avoid this policy.