Legal Question in Banking Law in Pakistan

credit card insurance

whether every card holder of a bank is covered under group insurance and if yes then what is the procedure of cliam?


Asked on 1/15/08, 10:57 am

1 Answer from Attorneys

Re: credit card insurance

its not the card but the credit on the card for which with the consent of the customer outstanding amount is insured for the benefit of bank in case of loss of money by some unavoidable reasons.

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Answered on 1/16/08, 3:46 pm


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