Wallet Protection Plan: Why You Need One? - Home Credit Blogs

Wallet Protection Plan: Why You Need One?

We have all experienced that moment of panic where we can’t find our wallets in our bags or pockets. What worries us even more than the loss of cash is losing our precious cards. From ID cards to debit & credit cards and even membership cards, all make for a critical component of our personal finance. Easy to use, store and carry, these cards are the preferred mode of payment or identification for most of us. And if our wallet gets misplaced or lost, we run the risk of misuse of our cards.

Losing our precious cards can be very stressful. Such an incident can risk us to debit/credit card fraud or leave us without cash altogether. A Wallet Security plan offered by Home Credit can prove to be very helpful in such emergencies. It covers you financially in case of a loss or theft of your wallet and also in case of fraudulent transaction done using your cards. You can also, via the plan, block all lost cards and even apply for new ones, just by directly contacting only the issuing company or bank.

Home Credit Wallet Security Plan Benefits:

  1. Protection Against Frauds

Our annual plans, starting as low as ₹499, safeguard you against all kinds of frauds including offline and online frauds like ATM PIN frauds, counterfeit card frauds, duplicate card frauds, phishing, vishing and skimming. It also covers you against fraudulent transactions during a UPI payment. So, all your bases are covered.

  1. Complimentary Pre & Post Reporting Cover

With Home Credit’s wallet security plans, you get complete protection post reporting the fraud and it also covers against frauds up to 30 days prior to reporting the loss. That means you can make a claim after up to 30 days of a fraud transaction.

  1. Easy & Swift Claim Process

You can file claims easily and get prompt response with our 24*7 on-call assistance.

  1. One Call Assistance

All you need is to make just one call, from anywhere in the world, anytime 24*7 to report a loss, register for claims or to block lost cards.

  1. Prompt Blocking of All Lost Cards

All it takes is one phone call to us to block lost phone SIM card or your Credit/Debit/Travel cards issued by any Indian bank

  1. Provision of DocuSafe

With our comprehensive wallet security plans, you also get online storage space for all your important documents. So you can keep them handy & access all your essential documents from one place.

You can avail wallet security plans that suit your budget and requirement by signing up for the desired credit protection plan & filling up a quick and easy online form with basic personal details. After successful subscription, a welcome is kit will be sent to you.

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