Credit card protection plan
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 18 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
- Additional cover of R40 000 in the event of death, permanent disability or dread disease
- Up to 18 month's instalments if you're retrenched
- Up to 12 months' instalments if you're 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.
Credit Card Protection Plan terms and conditions (Mandatory Cover on Gold Credit Cards)
Credit Card Protection Plan and conditions (Voluntary Cover)
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
- An administration charge of R4.00 is levied to maintain the policy.
- Premiums are based on a rate of R4.93 for every R1000 of your monthly outstanding balance on Voluntary cover.
- Premiums are based on a rate of R4.50 for every R1000 of your monthly outstanding balance on Mandatory cover for Gold Credit Cards only.
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
- Additional cover of R40 000 in the event of death, permanent disability or dread disease
- Up to 18 month's instalments if you're retrenched
- Up to 12 months' instalments if you're 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.
Credit Card Protection Plan terms and conditions (Mandatory Cover on Gold Credit Cards)
Credit Card Protection Plan and conditions (Voluntary Cover)
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
- An administration charge of R4.00 is levied to maintain the policy.
- Premiums are based on a rate of R4.93 for every R1000 of your monthly outstanding balance on Voluntary cover.
- Premiums are based on a rate of R4.50 for every R1000 of your monthly outstanding balance on Mandatory cover for Gold Credit Cards only.
- Call us on 0860 123 999
- Or speak to us at your nearest branch
- No medical exam is required
Learn more
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Credit card protection is important to protect yourself and your loved ones so that in the event of your death, disability or retrenchment, the outstanding balance on your credit card is covered.
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What you need to know about car loan protection insurance
A car loan protection insurance policy will cover the debt on your vehicle in the event of your death, disability, development of a dread disease or retrenchment.
We also offer
Car and asset finance protection plan
Have what’s still owing on your car or motorbike paid off in the event of your death and dread disease.
Home loan protection plan
If something happens and you can’t keep paying your bond, you can still protect your home and family with the right cover.
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