What is credit card credit insurance?

Question 1: Do I need to pay for transportation credit card credit insurance? What does it mean? The Bank of Communications credit card has a value-added service called credit protection. Its specific content includes three points:

① One day after the bill date, 3 days before the due repayment date, and on the due repayment date, you can collect Receive credit card bill and repayment text message reminders to remind you of the monthly bill amount and repayment due date; ② 2-day grace period, if you have not repaid after the last repayment date, as long as you press within the next 2 days, By repaying through an agreed channel, you can enjoy a special exemption from late fees and interest arising from delayed repayment;

③ If the cardholder dies or becomes disabled due to an accident, the cardholder will be exempted from 0 charges on the day of the accident. Stop all outstanding balances on your credit card account and pay a certain condolence allowance (should be 5,000 yuan).

The charging standard is 3 yuan/month and 47 yuan card, which is charged quarterly and 9 yuan at a time.

Therefore, this value-added service can be regarded as incidental insurance, which is quite cost-effective and considerate.

If you don’t understand, please ask, I hope you can adopt it.

Question 2: What is the loan credit insurance premium? It is the upfront interest deposit

Question 3: What is the role of credit insurance? Credit (guarantee) insurance is insurance that takes various credit behaviors as the subject of insurance. Credit insurance is generally divided into general commercial credit insurance and export credit insurance. General commercial credit insurance generally only covers wholesale business, not retail business. Similarly, general commercial credit insurance only covers relatively short-term commercial credit insurance, and particularly long-term commercial credit insurance generally does not cover it. General commercial credit insurance is divided into three types, including credit insurance for credit sales, loan credit insurance and personal loan credit insurance. Export credit insurance mainly covers the risk of losses incurred by export enterprises due to the inability to recover payment in time due to the counterparty's credit risk or the country's political risk or even war risk during the process of international trade. Export credit insurance can be divided into short-term export credit insurance and medium- and long-term export credit insurance according to the period of underwriting risks. This is different from general commercial credit insurance. The first feature is that underwriting risks are special. Credit insurance generally covers commercial risks, but *** supports credit insurance. For example, in addition to underwriting commercial risks, China Export and Credit Insurance Corporation also underwrites political risks. There are also special export credit insurances that cover war risks. The second feature emphasizes loss guarantees. Credit insurance is different from other insurances in that it emphasizes loss guarantees. Generally speaking, even if the insurance company pays compensation, the policyholder still has to bear a part of the loss, and this part of the loss ranges from 5-15. The third characteristic is the difficulty in risk investigation. Unlike general insurance products, the subject of credit insurance is the credit of a person or an enterprise that does not actually exist, and the credit level of either an enterprise or an individual is not very easy to investigate. Generally, insurance companies can only judge the size of their future credit risks through past credit records, but in fact this method has a relatively large error.

Question 4: Which insurance company has credit insurance? Ping An Insurance has

Question 5: What is the difference between credit insurance and performance insurance in insurance? 10 points Performance bond insurance, as the name suggests, is a form of insurance against the uncertainty of the debtor's ability to perform. This ability to perform the contract cannot only be considered from the perspective of integrity, but also from various objective factors. Performance bond insurance refers to a form of insurance in which an insurance company promises to the beneficiary of the performance bond insurance that if the insured fails to perform its obligations as stipulated in the contract or as stipulated by law, the insurance company will bear the liability for compensation.

Credit insurance refers to a type of insurance in which the obligee insures the credit risk of the debtor from the insurer. It is an insurance product used by enterprises for risk management. Its main function is to ensure the security of corporate accounts receivable. The principle is to transfer the debtor's guarantee liability to the insurer. When the debtor cannot perform its obligations, the insurer shall bear the liability for compensation.

Question 6: Risks of WeChat Credit Card A major innovation of CITIC WeChat Credit Card is the introduction of an insurance model for the first time to reduce customer credit risks and bank asset risks. Zhongan Insurance has also established a joint risk prevention mechanism for WeChat credit cards and continuously proposes risk prevention and optimization measures for CITIC WeChat credit cards based on business development to reduce financial risks. A relevant person in charge of Tencent said, "The cooperation between ZhongAn Insurance and WeChat Credit Card marks the first introduction of commercial credit insurance for domestic credit cards. Previously, banks have solved personal credit card risks through self-retained risks." ZhongAn Insurance was established in 2013 and focuses on In Internet Insurance, it has focused on credit insurance and guarantee insurance business since its establishment. For this purpose, it has a professional accounting system and collection management system that can support a large number of small-amount accounts. At the same time, WeChat Pay has also been insured by the People's Insurance Company of China, and a full compensation system of "If you dare to use it, I will compensate you" has been launched.

Question 7: The Bank of Communications credit insurance deducted more than 900 from me without even signing. What should I do? Contact the Bank of Communications credit card customer service to cancel the insurance within 7 days.

Question 8: For Taobao store deposit, I bought 30 yuan of deposit insurance, and if there is 1,000 yuan of credit insurance, the 10-point compensation will be deducted from your Alipay account to the deposit account, it seems like this!

Question 9: I would like to ask if I need to buy credit insurance for a loan? If it is a real loan of 20,000 yuan, how much liquidated damages will be compensated? Thank you. No need to pay a penny