Credit card insurance is offered by credit card issuers to protect cardholders should they become disabled or unemployed. The fees are a major revenue stream for the card issuer, and no bargain for the cardholder.
Even if your risks of disability or unemployment are extremely high, you can find better sources of insurance than the card issuer. Never buy credit card insurance is our advice.
Others who have viewed this page also viewed these pages:
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Credit Card Fraud Protection – Do you really need to purchase that credit card fraud protection plan?
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Dispute Credit Card Charge – Knowing when it is appropriate to dispute a credit card charge is helpful.
