Common use of Credit Card Protection Benefit Clause in Contracts

Credit Card Protection Benefit. In the event of a claim is payable under this Policy for the death of the Insured Person as a result of an Accident, the Company will also reimburse the outstanding balance charged to the Insured Person’s credit card(s) as at the date of Accident up to maximum limits stated in the Table of Benefits. However, the Company shall not be liable for any interest accrued or financial charges on the outstanding balance.

Credit Card Protection Benefit. In the event of a claim is payable under this Policy for the death of the Insured Person as a result of an Accident, the Company will also reimburse the outstanding balance charged to the Insured Person’s credit card(s) as at the date of Accident up to maximum limits as stated in the Table of Benefits. However, the Company shall not be liable for any interest accrued or financial charges on the outstanding balance.

Credit Card Protection Benefit. In the event of that a claim is payable under this Policy for the death of the an Insured Person as a result of an Accident, the Company will also reimburse the outstanding balance amount charged to the Insured Person’s credit card(s) as at card account for goods purchased by the date of Accident up Insured Person during the Journey. Exclusion Applicable to maximum limits stated in the Table of Benefits. However, the Section 15 The Company shall not be liable for any interest accrued or financial charges on the outstanding balance.