Insurance Along With Your Card

Most cards todayoffer personal accident insurance cover as a value-added service once you  subscribe. Of course the value and scope of the insurance is different for each  card. A few cards offer up to Rs 10 lakh of insurance, and what’smore they cover your spouse too. So before going in for your card, you’d do well  to check out what each card company is offering in terms of insurance. 

Remember  too that the card company is offering the insurance in a tie up with aninsurance company. That means the responsibility of honouring the commitmentmade is not with the card company but with the insurance firm. So check  whether  the card company has tied up with a reputed insurance firm.