Is it right to rely only on credit card insurance?
Insurance experts say that always consider credit card dues insurance as an add-on and not as complete protection. Its combination with the right term life insurance is more secure. This means that card insurance alone is not enough, strong term insurance is most important.
Disclaimer: This article has been written for general information purposes only. The information given in it is based on different sources and general rules. Insurance, terms and covers associated with credit cards may vary depending on the bank and policy. Before taking any financial decision, read the official terms and conditions of the concerned bank or insurance company and if necessary, take advice from a financial advisor.