Federal law limits consumer’s liability for unauthorized credit card charges to $50 per credit card, so you already have protection without paying for extra insurance. In addition, many credit card companies waive the payment of the $50 as a goodwill gesture so that there is, in effect, no personal liability if your credit card is stolen or misused.
As for other types of credit card insurance, such as credit life and disability benefits, financial experts generally advise against this. First, these features are often overpriced, and, second, consumers need to purchase comprehensive life and disability insurance policies that are not associated with the use of a credit card.
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