Without Premium you will get Insurance cover | Jagran Business- Watch Video

People shop fiercely with credit, debit cards and other online payment modes issued by banks . There is convenience, no hassle of carrying cash, but most cardholders are not aware of all its benefits. Especially the free insurance cover, which is given to the bank card holder against these cards.

It varies according to banks and types of cards. For example, the country's largest bank SBI provides complimentary personal accident insurance up to Rs 20 lakh, purchase protection cover up to Rs 2 lakh and add-on cover up to Rs 50,000 on its debit card. Consumers are also generally not aware of the insurance offered on FDs deposited in banks.