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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 an amount of R 250 000

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

UCount Rewards

50 tiering points are allocated each month on UCount Rewards members' qualifying insurance policies
What’s covered
  • Minimum cover of R25 000 in the event of death, permanent disability or dread disease
  • Up to 12 months’ minimum monthly payments and premiums if you’re retrenched or become temporarily disabled
  • Your outstanding balance is settled up to R 250 000 in the event of death, permanent disability or dread disease
  • Double benefits up to R 250 000 in the event of accidental death (full settlement, plus an equivalent amount paid towards your estate)

Underwritten by Liberty Group.
See credit card protection terms and conditions

Terms and conditions apply. Standard Bank Insurance Brokers (Pty) Ltd (Reg. No. 1978/002640/07) is an authorised financial services provider (FSP 224) and part of the Standard Bank Group.
Exclusions
  • There’s a 12 month waiting period for retrenchment cover
  • Cover for death ends at age 75
  • Cover for accidental death, retrenchment, dread disease, and Permanent and temporary disability ends at age 65
  • Natural death, Retrenchment, disability, dread disease and double accident do not 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
  • Minimum premium of R4
  • Premiums are based on a rate of R4.93 for every R 1 000 of your monthly outstanding balance
  • Premiums are debited from your credit card
How to claim
  • Call us on 0860 123 999
  • Or speak to us at your nearest branch
  • No medical exam is required
  • What’s covered
  • Exclusions
  • What it costs
  • How to claim
  • Minimum cover of R25 000 in the event of death, permanent disability or dread disease
  • Up to 12 months’ minimum monthly payments and premiums if you’re retrenched or become temporarily disabled
  • Your outstanding balance is settled up to R 250 000 in the event of death, permanent disability or dread disease
  • Double benefits up to R 250 000 in the event of accidental death (full settlement, plus an equivalent amount paid towards your estate)

Underwritten by Liberty Group.
See credit card protection terms and conditions

Terms and conditions apply. Standard Bank Insurance Brokers (Pty) Ltd (Reg. No. 1978/002640/07) is an authorised financial services provider (FSP 224) and part of the Standard Bank Group.
  • There’s a 12 month waiting period for retrenchment cover
  • Cover for death ends at age 75
  • Cover for accidental death, retrenchment, dread disease, and Permanent and temporary disability ends at age 65
  • Natural death, Retrenchment, disability, dread disease and double accident do not 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
  • Minimum premium of R4
  • Premiums are based on a rate of R4.93 for every R 1 000 of your monthly outstanding balance
  • Premiums are debited from your credit card
  • Call us on 0860 123 999
  • Or speak to us at your nearest branch
  • No medical exam is required
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