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Insurance

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Credit Shield

The most comprehensive credit card insurance in Egypt. This credit insurance pays the outstanding balance of the card up to  EGP  350,000 .

In case of death, disability or critical illness only for the cost of  EGP 6.5 for every EGP 1000  , And in case the card has no outstanding balance you will pay nothing, Thus the shield protects your exposure as you spend.

Insurance coverage

Credit cards
(gold - cashback)

Platinum

Death

The insurance amount for each insured person is equivalent to four times the outstanding balance on their credit card at the date of death.

The insurance amount for each insured person is equivalent to five times the outstanding balance on their credit card at the date of death.

Permanent Total Disability Coverage (due to illness or accident)

The insurance amount for each insured person is equivalent to four times the outstanding balance on their credit card at the time the insured person is proven to have a permanent total disability.

The insurance amount for each insured person is equivalent to five times the outstanding balance on their credit card at the time the insured person is proven to have a permanent total disability.

Critical Illnesses

The insurance amount for each insured person is equivalent to four times the outstanding balance on their credit card at the time the insured person is diagnosed with a covered critical illness or on the date following a covered surgical procedure.

The insurance amount for each insured person is equivalent to five times the outstanding balance on their credit card at the time the insured person is diagnosed with a covered critical illness or on the date following a covered surgical procedure.

Accidental Death

The insurance amount for each insured individual is equivalent to ten times the outstanding amount on their credit card at the date of death.

The insurance amount for each insured individual is equivalent to ten times the outstanding amount on their credit card at the date of death.

In the event of death, total permanent disability (due to illness or accident), or critical illness, an amount equivalent to four times the outstanding balance on your Gold Credit Card and five times the outstanding balance on your Platinum Credit Card will be paid.

In the unfortunate event of death resulting from an accident, an amount equivalent to ten times the outstanding balance on the insured’s credit card at the date of death will be paid.

  • The minimum eligible age for insurance coverage is 18 years.

  • The maximum eligible age for insurance coverage is 65 years.

  • The maximum insurance premium charged to the customer is EGP 650 only.

  • The maximum total insurance coverage for a single individual is EGP 350,000, including coverage for accidental death, regardless of the number or value of credit cards held by the insured.

To learn more about your insurance program, please contact Customer Service at 16222.
To view all information, terms, and conditions related to the insurance programs, click here.

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