{"id":1452,"date":"2020-11-02T11:15:28","date_gmt":"2020-11-02T07:15:28","guid":{"rendered":"https:\/\/moneymall.ae\/credit-blog\/?p=1452"},"modified":"2020-11-02T11:48:26","modified_gmt":"2020-11-02T07:48:26","slug":"credit-shield-insurance","status":"publish","type":"post","link":"https:\/\/moneymall.ae\/credit-blog\/credit-shield-insurance\/","title":{"rendered":"What is Credit Shield Insurance?"},"content":{"rendered":"

Credit Shield Insurance<\/strong> is an optional insurance program or facility for credit cards offered by banks and financial institutions where, in unforeseen and unfortunate circumstances, cardholders\u2019 dues are taken care of.<\/p>\n

It is imperative for credit card users to know and understand credit card shield options offered by the respective banks.<\/p>\n

Generally, this valuable protection covers the following:<\/p>\n

Outstanding amount on the credit card in the event of death, permanent total disability, and\/or critical ailments,<\/p>\n

Assistance in paying outstanding dues by offering a minimum instalment program in case of involuntary employment loss and\/or temporary disability<\/p>\n

However, keep in mind that not all credit shield insurance programs offer the same benefits. So, Here is the<\/p>\n

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Credit Shield Insurance UAE<\/figcaption><\/figure>\n
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Table of Contents<\/p>\n