This insurance product is designed to offer coverage if a defined event such as death or a covered critical illness occurs. The insurance can pay off or a part of your outstanding credit card balance, relieving your loved ones of added financial pressure at a difficult time.

If you are a personal credit card customer, you can enroll for Life Protection, which can pay off or part of your outstanding credit card account balance in the event of your death. Or you can enroll for joint coverage of Life and Critical Illness Protection. Life protection coverage is described above, and critical illness coverage is a living benefit that can pay off your outstanding credit card account balance if you are diagnosed with a covered critical illness.

The monthly premiums for Credit Protection can be considered “pay as you go”, because the premiums are based on the outstanding balance of the credit card and your age. No premium will be charged if the credit card balance on the previous month’s statement is zero.

Insurance is underwritten by GK Life Insurance Eastern Caribbean Limited or GK Life Insurance Limited depending on the applicable territory.

Insurance is underwritten by GK Life Insurance Eastern Caribbean Limited.