Protection Insurance :: Credit Card Protection Insurance

Website helps consumers protect their plastic

Specialist insurance website www.protection-insurance.com has added a unique new insurance policy to its portfolio – credit card protection insurance.

Credit card protection ensures that your credit card repayments are met – even if you become unemployed or disabled due to an accident or sickness. It also provides protection in the unfortunate event of you becoming hospitalised, a carer or terminally ill.

Points to note about this policy - which costs just £6.50 per £100 worth of monthly benefit* - are:

• The customer chooses average outstanding balance to insure between £1-5K

• The policy pays 10% of insured amount during the first five months of the claim period

• At the sixth month, a final 50% of insured amount is paid out for that particular claim

• Premium waiver operates during a claims period where monthly premium is refunded – unlike all policies offered by credit card providers

For more information, or for a no obligation quote, visit www.protection-insurance.com.

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Editor Notes

* At the time of writing, the industry average for credit card protection insurance is £11.29 per £100 worth of monthly benefit.

Insurance provided in conjunction with general insurance broker Paymentcare.

About Protection Insurance

www.protection-insurance.com launched in March 2003 and is an internet based insurance business dedicated to giving consumers a hassle-free way to get the very best insurance rates and the best products. Our product portfolio includes many specialist and niche products as well as life and critical illness insurance; car, caravan, home and self-build insurance; mortgage payment protection insurance and income protection insurance.