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Credit card protection plan

PER Insurance Credit Card Protection Plan Product Detail

Take the stress out of using your credit card, knowing that what you owe is covered in the event of death, disability, dread disease or retrenchment.

Some of the benefits

Full settlement

Have your outstanding credit card balance settled in full up to R 120 000

Financial support

Leave your monthly minimum payments to us for up to 12 months if you’re retrenched

Double accident

Settle your card and get a second equal payment to your estate in the event of accidental death

What’s covered
  • Up to 12 months’ minimum monthly payments and premiums if you’re retrenched
  • Your outstanding balance is settled up to R 120 000 in the event of death, permanent disability or dread disease
  • Double benefits up to R 120 000 in the event of accidental death (full settlement, plus an equivalent amount paid towards your estate)
Exclusions
  • There’s a 6-month waiting period for retrenchment cover
  • Cover for death ends at age 75
  • Cover for accidental death, retrenchment, dread disease, and temporary and permanent disability ends at age 65
  • Retrenchment, disability and double accident don’t apply for secondary card holders
  • Suicide is excluded for the first 24 months of the policy
  • Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
What it costs
  • R 4 monthly policy fee
  • Premiums are based on a rate of R 3.92 for every R 1 000 of your monthly outstanding balance
  • Fees and premiums are debited from your credit card
How to claim
  • Call us on 0860 123 555
  • Or speak to us at your nearest branch
  • No medical exam is required
How to get it
  • Get a competitive quote online from us now
    Get quote
  • Send us a Call me back
  • Call 0860 123 999
  • Or speak to us at your nearest branch
  • What’s covered
  • Exclusions
  • What it costs
  • How to claim
  • How to get it
  • Up to 12 months’ minimum monthly payments and premiums if you’re retrenched
  • Your outstanding balance is settled up to R 120 000 in the event of death, permanent disability or dread disease
  • Double benefits up to R 120 000 in the event of accidental death (full settlement, plus an equivalent amount paid towards your estate)
  • There’s a 6-month waiting period for retrenchment cover
  • Cover for death ends at age 75
  • Cover for accidental death, retrenchment, dread disease, and temporary and permanent disability ends at age 65
  • Retrenchment, disability and double accident don’t apply for secondary card holders
  • Suicide is excluded for the first 24 months of the policy
  • Pre-existing medical conditions from the last 12 months aren’t covered for the first 12 months
  • R 4 monthly policy fee
  • Premiums are based on a rate of R 3.92 for every R 1 000 of your monthly outstanding balance
  • Fees and premiums are debited from your credit card
  • Call us on 0860 123 555
  • Or speak to us at your nearest branch
  • No medical exam is required
  • Get a competitive quote online from us now
    Get quote
  • Send us a Call me back
  • Call 0860 123 999
  • Or speak to us at your nearest branch
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