Did you know that your credit card could carry accidental death insurance? Not many do, here are the details.
Your in line to purchase your plane ticket. Ever wonder whether you should pick up some insurance just in case? Well, not to worry, you may already have that extra insurance right in your wallet. Check your credit cards.
Each of the four major credit card brands (American Express, Discover, MasterCard and Visa) offer some form of coverage. This is what the insurance industry calls “accidental death and dismemberment” or AD&D coverage.
The benefits vary by brand and card type and can range in coverage from $100,000 to $1 million.