LIC Cards Services Limited has launched Card Protection Plan for its credit card customers in partnership with CPP Assistance Services Pvt. Ltd. (CPP).
CPP Card Protection is country’s first comprehensive card protection service, a company press release said here on Wednesday.
LIC credit card customers can now block all their lost or stolen cards on a single call to CPP’s 24-hour helpline from anywhere in the world.
The Card Protection Plan is unique because customers have the benefit of calling CPP’s helpline from anywhere in the world and report their cards as lost.
This one call would ensure CPP notifying all cards as lost, without the customer having to call individual issuers.
Card Protection membership safeguards all of the LIC cardholder’s payment cards - credit, debit and ATM cards.
Members also have the facility to register non-financial cards such as Store cards, loyalty and membership cards.
These valuable details including for documents such as their passport, PAN, driving licence will be held safe by CPP for retrieval and reminder services as and when a customer may require them.
Additionally, a card protection member is provided worldwide cover on fraudulent usage of their lost or stolen cards.
This cover starts from seven days before they report card loss and stretches to any period after the loss is reported to CPP, the release added.
