ATM Card Insurance: In today’s time, some big and very important changes have taken place in the banking system. One of them is Credit Card and Debit Card. Whenever we open an account in any bank under the Pradhan Mantri Jan Dhan Yojana, we also get a debit card on that account. It helps people from online payment to cash withdrawal, but apart from cash withdrawal, there are some benefits of ATM card that we usually do not know about. This benefit is about the insurance available on the ATM card.
Let us tell you that on ATM cards, customers get the benefit of insurance up to Rs 5 lakh, which many times the common people are not aware of. Because of this, they are not able to take advantage of this big advantage.
These people get the benefit of insurance
Let us tell you that only those people get the benefit of ATM Card Insurance who use this ATM card for at least 45 days. This facility can be found in the ATM card of any government or non-government bank. Along with this, how much insurance benefit will be available, it also depends on which category your ATM card belongs to. We are giving you information about the sum insured available on different cards-
Coverage is available according to the card-
- Classic Card – Insurance of Rs 1 lakh
- Platinum Card – Rs 2 lakh
- Normal MasterCard – Insurance of 50 thousand rupees
- Platinum Mastercard – Insurance of Rs 5 lakh
- Visa Card – Insurance of 1.5 to 2 lakh rupees
- RuPay Card available under Pradhan Mantri Jan Dhan Account – Insurance of 1 to 2 lakh rupees
Receives claim on death
ATM card holders can get the benefit of insurance up to Rs 5 lakh in different categories. If a person dies in an accident, then in such a situation his family can get the benefit of insurance up to 5 lakhs.
If a person dies in an accident, then in such a situation the family members can make a death claim of insurance. Along with this, coverage of 50 to 1 lakh rupees is available in case of disability in an accident. In such a situation, to take this claim, you have to claim this insurance by showing the necessary documents like death certificate of the deceased, copy of FIR, certificate of dependent, certificate of the deceased etc. in the concerned bank. ) can do.