Who is covered?
Upon having registered for the Balance Protection Program, the principal card holder is covered. Additional card holders on the same account are not covered.
If, while you are covered, you pass away before your 72nd birthday, we will pay the Death Benefit, subject to our receiving satisfactory evidence of your death.
If, while you are covered, you pass away on or after your 72nd birthday as a result of an injury within 365 days of the date of the Accident which caused the injury, we will pay the Death Benefit, subject to our receiving satisfactory evidence that you passed away as result of such injury.
How much am I covered for?
Credit Card Balance Protection will pay your Maduro & Curiel’s Bank N.V. credit card balance as of the date of death, plus accrued interest up to a limit of USD 10,000.- or NAf. 18,000.-
How much does credit card Balance Protection cost?
Only 0.5% of your ending balance at the end of each statement cycle.
If I pay my statement in full each month, will I ever get charged a premium?
Yes, because you are insured from the moment you make your purchase. If you are using your credit card you always have an insured balance.
Why do I need this coverage?
Because, for very little cost, you can eliminate one financial obligation that would otherwise be a burden for your heirs. One less worry for them which is one less worry for you.