If you are holding any MasterCard credit card issued in Malaysia, here is a good news to you.
MasterCard now offers their credit card holders a free complimentary Purchase Protection Plan (PPP), underwritten by Chartis Malaysia Insurance Berhad (CMI, formerly known as AIG General Insurance (M) Berhad).
This policy insures against loss or damage of your Personal Property / Items purchased (either locally or overseas) with your MasterCard credit card, in the event of Theft, Burglary, Robbery and Accidental Damage within 30 days from the date of items purchased.
The coverage is as follow.
Classic/Gold/Titanium/Premium/Platinum credit cards:
- Limit for Any One Occurrence: RM1,500
- Annual Aggregate Limit: RM7,500
- Limit for Any One Occurrence: RM1,500
- Annual Aggregate Limit: RM10,000
This is the SMS I got after I sent my activation SMS to 36660.
Imagine that you are so unluckly to be robbed a few minutes after you bought a jewelry with your credit card; or you accidentally dropped a newly purchased camera / handphone / laptop. Now at least you can get the compensation from this Purchase Protection Plan. And since it is free, there is nothing to lose to activate it.
Click here for more information about the free Purchase Protection Plan for MasterCard.
1 comments:
This is something good, but does this cover to debit Master Card holders?
Just wondering.....
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