WalletAssist – Protection against Credit / Debit Card Fraud

WalletAssist Card Fraud Protection The Indian Regulator(RBI) is doing its best to prevent Plastic Money Fraud. However, over the decades Plastic money fraudsters have existed and come in a whole new way to rip off our hard earned money. Increased online shopping , the growing acceptance of debit cards combined with the increase in types of frauds and the need for something that helped with the new frauds was the trigger.

OneAssist Consumer Solutions Pvt Ltd, funded by Sequoia Capital and Lightspeed Venture Partners has launched an enhanced product for the assistance and protection market. The New WalletAssist covers all kinds of fraud on debit and credit card . It covers card skimming,

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Why You Must Not Subscribe to HDFC Ergo Insurance’s Credit Shield / Fraud Loss Cover ?

HDFC Ergo Insurance for Credit CardHDFC Bank’s Credit Card Division is cross selling HDFC Group’s product. They sent to every customer of HDFC Credit Card an offer for subscription to Credit Shield and Fraud loss Cover from HDFC Ergo General Insurance Co.

What are the Features Offered by Credit Shield and Fraud loss Cover Insurance by HDFC Ergo ?

  • Fraud loss Cover upto 3.5 lac
  • Upto 5 lac of cover on ‘all’ loan outstanding with HDFC Bank (Credit Card, Personal Loan and Education loan) on accidental death / permanent total disability
  • Sum assured of 5 lac on accidental death / permanent total disability
  • Education grant of 25,000 (one kid < 21 yrs)
  • Total coverage is upto 13.75 lac

What is the premium they are Charging for the above Policy ?

Read moreWhy You Must Not Subscribe to HDFC Ergo Insurance’s Credit Shield / Fraud Loss Cover ?