Did you know you already have 10 LAKHS worth of free insurance with your debit or credit card?

Here's all you need to know about how to claim it.

A thread👇(1/n)

Guess what?

ATM, Credit, and Debit cards aren’t just for shopping and banking.

What most people don’t know is they have other less-known benefits too. Like complimentary insurance!

Almost every bank provides Personal Accidental insurance to customers with an operational bank account.

👉Depending on the type of card, this cover ranges from ₹50000 to ₹10 lakh.

If an unfortunate accident does occur that leads to death or permanent disability, the beneficiary can approach the bank with the relevant medical reports and documents, and a lump sum payout can be claimed within 90 days.

💡The only catch here is that in most cases, the card should have been in active use & the claim should be made in a given time span.

Some cards might require you to have made at least 1 transaction during the last 90 days before the accident.