Credit Protection for Credit Cards

Right for you if:

You want Credit Protection on your Belize Bank Corporation Limited credit card balance

Your Belize Bank Corporation credit card can give you convenient access to credit for your everyday purchases and expenses. However, in the event of your death or the diagnosis of a covered critical illness, this convenience could become your family’s financial obligation. Credit Protection can prevent this from happening.

Credit Protection can pay off the outstanding balance on your credit card account in the event of your death, removing these worries from your loved ones.

Critical Illness Protection is a living benefit, which means that the outstanding balance on your credit card account can be paid off in the event you are diagnosed with a covered critical illness (specifically heart attack, cancer, or stroke).

If you already have Life Protection, you may want to add Critical Illness coverage or consider joint coverage if you have a secondary cardholder on your account.

As a Belize Bank Corporation credit card customer, it’s easy to take advantage of this important offer of protection. You’re already approved for coverage provided that you (and your secondary cardholder, if you choose) are less than 70 years old on the date you enrol for Life Protection, or less than 60 years old if you decide to enrol for both Life and Critical Illness Protection. No health questions are asked.

Your plan comes with features:

Affordable monthly premiums for Credit Protection are based on your outstanding account balance and your coverage choices.

Single Life coverage costs just 29 cents for every $100 of your outstanding account balance on the previous month’s Belize Bank Corporation Limited MasterCard statement. Joint Life coverage (two people) on the same Belize Bank Corporation Limited MasterCard account costs 52 cents for every $100 of your outstanding account balance on the previous month’s Belize Bank Corporation Limited MasterCard statement.

Single Life and Critical Illness coverage costs just 53 cents for every $100 of your outstanding account balance on the previous month’s Belize Bank Corporation Limited MasterCard statement. Joint Life and Critical Illness coverage (two people) on the same Belize Bank Corporation Limited MasterCard account costs 95 cents for every $100 of your outstanding account balance on the previous month’s Belize Bank Corporation Limited MasterCard statement

Your monthly credit insurance premium amount is added to your Belize Bank Corporation Limited credit card account automatically and is reported on your statement.

No premium will be charged if your previous month’s statement balance was zero.

You must be a current Belize Bank Corporation Limited credit card customer.
You must be less than 70 years old on the date you sign up for Credit Life Protection or less than 60 years old on the date you sign up for Critical Illness Protection.

At a Glance

29¢ for every $100 of your outstanding account balance if you enroll in single Life coverage

52¢ for every $100 of your outstanding account balance if you enrol in single Life and Critical Illness coverage

Coverage up to
$30,000 BZD