Discover The Safety Benefits of Total Protect and Travel Insurance Program for Your IndusInd Instant Credit Cards

Posted on Saturday, May 6th, 2023 | By IndusInd Bank

Credit cards are a ubiquitous financial tool that ensures your transactions are secured, whether done through contactless terminals or done via ecommerce portals.

However, losing your credit cards can be a nightmare, putting your hard-earned money at risk and leaving you with a tedious and frustrating cancellation process. Similarly, if you are traveling abroad, losing essential documents like your baggage, passport, or ticket can cause significant inconvenience, stress, and unexpected expenses and even cut your trip short.

IndusInd Bank understands these concerns and offers its instant credit cardholders access to two exceptional safety programs – the Total Protect and Travel Insurance Program. These programs protect against credit card fraud, theft, baggage loss, passport loss, and more.

In this blog, we will explore the details of these insurance programs and explain how they can benefit you.

Features of the Total Protect Program

• Total Protect is an exceptional insurance program that protects against unauthorised transactions in the event of credit card loss or theft
• Provides insurance coverage up to 48 hours before reporting the loss of card
• Protects against fraudulent use of stolen card details by covering an amount equivalent to the credit limit on the card, including add-on cards
• Available for EazyDiner, Nexxt, Legend, Platinum Visa, and Platinum Aura Edge Visa/Master credit card holders

Terms & Conditions

• PIN and OTP authenticated transactions are excluded from coverage
• Fraud committed before delivery is not eligible for coverage
• Claims within 2 days before and 7 days after reporting (including the reporting day) are covered
• The cardholder must report the claim within 15 days of the loss for the card to be eligible for the claim
• Only active cardholders—those who have completed at least one transaction or activity on a POS terminal during the past 6 months—are eligible for insurance benefits

Features Of the Travel Insurance Program

• IndusInd Bank has partnered with ICICI Lombard General Insurance Company Limited to offer insurance coverage to cardholders for lost baggage, delayed baggage, loss of passport, lost ticket and missed connection flights
• Available for Nexxt, Legend, Platinum Visa, and Platinum Aura Edge Visa/Master credit card holders

Terms & Conditions

• A Property Irregularity Report must be obtained and submitted to the insurance company to claim lost checked-in baggage. The insurance company does not cover partial loss or damage and valuable items as defined in the policy
• If checked-in baggage is delayed by over 12 hours, the insurance covers emergency expenses for essentials up to the specified sum insured. To claim, provide a non-delivery certificate from the airline
• Compensation is given for loss or damage to passport and travel documents due to confiscation or detention by authorities, up to the specified sum insured
• If the cardholder misses a connecting domestic or international flight of an international airline due to another international flight’s delay beyond 6 hours of the scheduled arrival time, they can receive compensation up to the insured amount
• Insurance benefits are valid for 20 days of international travel. Inform IndusInd Bank 48 hours before travel and within 48 hours of arrival in India to activate benefits
• Insurance claims are valid only if bookings are made through IndusInd Bank credit card

Why Should You Choose IndusInd Bank Instant Credit Cards?

If you travel frequently and are concerned about the possibility of credit card loss or theft, consider getting an instant credit card from IndusInd Bank. These cards are equipped with safety features that protect against unauthorised use and offer insurance for lost or delayed baggage or missed connecting flights while traveling abroad. Applying for an instant credit card with IndusInd Bank is simple and can be done online through a fully digital application process. Once you have completed the application, you can expect to receive your card within 24-48 hours.

So, what are you waiting for? Apply Now Today!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.