The insurance bank card automatically deducts fees. If the bank card does not have enough money, will it be deducted?

"Automatic deduction of insurance bank card" is the same as automatic payment of utility fees. When the balance in the card is insufficient, the deduction will not be successful. Fees will not be deducted again after there are sufficient funds in the bank card; only the business department will be notified to pay the fees within a time limit. If the corresponding fees are not paid in time, a "breach of contract" will occur.

"Bank Card Security Insurance" is jointly launched by the People's Insurance Company of China and Ant Financial ***. The bank card security insurance launched in Alipay protects the loss of funds in bank payment scenarios, and mainly includes three categories:

The first category is bank card theft offline, including bank counters, Theft at ATM machines and various credit card consumption scenarios;

The second category is fraud through online banking channels;

The third category is fraud through mobile banking channels. Capital losses incurred through non-bank channels are not covered by the protection.