Insurance coverage for your credit card balance
BalanceProtector Premiere Plus coverage helps to ensure your credit card balance does not become a burden to you or your family, should the unexpected happen.
Coverage is affordable, so enroll today. Acceptance is automatic1 and you can cancel any time.
This optional insurance covers you for:
for Accidental Injury
- Receive a single payment of up to 10% of your account balance for each 24-hour period of hospitalization (to a maximum of $25,000)
We celebrate your Lifetime Milestones!
Each time you reach a Lifetime Milestone (such as the purchase of a new home), you will receive a single payment of up to 10% of your outstanding credit card balance (to a maximum account balance of $25,000)!
- Your coverage: $25,000 maximum benefit; up to 10% of your account balance for up to 10 months for Total Disability, Involuntary Unemployment, and Loss of Self-Employment Income.
- You pay: $1.19 per $100 of your insured balance4. At age 70, the monthly premium rate is $0.59 per $100 of your insured balance.
Example: If your insured balance is $500, you pay $5.95 per month + applicable taxes for coverage.
You do not have to pay a premium during months when you have no card activity and no previous balance has been carried forward. Plus, you will receive a refund in the amount of the premium charged to your account as of Statement Date prior to your date of loss while on a claim for Total Disability, Involuntary Unemployment, Loss of Self-Employment Income and Lifetime Milestones Service.