Card Protection
Card Protection
Credit Shield Protection
Credit Shield Protection, provided by Oman Insurance, is an optional cover which can be applied to your account to protect you against death, total and permanent disability, critical illness, accidental medical expenses, involuntary unemployment and fraudulent use of card, in case your wallet is lost or stolen. The table below outlines the type of protection offered by this cover.
|
Event |
Cover |
|
Death (all causes) |
In the event of death, your Credit Shield policy will cover the balance outstanding on your Barclaycard. |
|
Permanent |
In the event of permanent total disability, your Credit Shield policy will cover the balance outstanding on your Barclaycard. |
|
Critical Illness |
In the event you suffer a critical illness as outlined in the Credit Shield terms and conditions, your Credit Shield policy will cover the balance outstanding on your Barclaycard. |
|
Accident |
In the event of accident hospitalization, your Credit Shield policy will cover your medical expenses. |
|
Involuntary loss |
In the event of involuntary loss of employment, your Credit Shield your Credit Shield policy will cover the outstanding balance on your Barclaycard account as per T&Cs. |
|
Secure Wallet Plus |
In the event of the wallet of the cardholder being lost or stolen anywhere in the world, any loss as a result of misuse of the Credit Cards issued by the Bank, by any unauthorized person during the Cover Period shall be indemnified as per T&C's. |
We provide this cover at a fee of 0.89% of your statement closing balance.
Please note that this benefit covers your outstanding balance at a customer level for all your Barclaycard relationships.
Kindly refer to the Barclaycard Terms & Conditions for details.