ATM Card: These benefits are hidden in your ATM card, know about ATM and its benefits…
ATM card: There have been some major changes in the banking system nowadays, one of them being credit cards and debit cards. When we open an account under Pradhan Mantri Jan Dhan Yojana in any bank, we also get a debit card. It helps people from online payment to cash withdrawal, but apart from cash withdrawal, there are many other benefits of ATM card which usually no one knows. One of the benefits of ATM card insurance is…
It is worth noting that on ATM cards, customers get the benefit of insurance up to Rs 5 lakh, which is often not known to the common people. Because of this they are not able to take advantage of this huge benefit.
These people get the benefit of insurance –
The special thing is that only those who use this ATM card for at least 45 days get the benefit of ATM card insurance. This facility can be found in any government or non-government ATM card. Along with this, the benefit of this insurance also depends on the category of your ATM card. We are giving you information about the sum insured on different cards.
Know how many types of ATM cards are there and what is the coverage according to them –
Classic Card (Classic Card) – Insurance of Rs 1 lakh
Platinum Card (Platinum Card) – Rs 2 lakh
Ordinary MasterCard (MasterCard) – Insurance of 50 thousand rupees
Platinum MasterCard (Platinum MasterCard) – Insurance of Rs 5 lakh
Visa Card (Visa Card) –
Insurance of Rs 1.5 to 2 lakh under Pradhan Mantri Jan Dhan Account Rupay Card – Insurance of Rs 1 to 2 lakh
Claim on death
In different categories, the ATM card holder can get insurance benefits of up to Rs 5 lakh, if a person dies in an accident (accidental death claim), his family gets insurance benefits up to Rs 5 lakh . ,
Claim process –
If a person dies in an accident, the family members can claim death insurance. Along with this, coverage of 50 to 1 lakh rupees is available in case of disability due to accident. In such a situation, to take this claim, you can make an insurance claim by showing the necessary documents like death certificate of the deceased, FIR copy, certificate of dependent etc. in the concerned bank.