August 11, 2020

Credit Card Protection Plan (CPP) Reviews

In case you were carrying cash in your wallet that is now lost, the card protection plan offers emergency cash advance to cover any additional expenses you might incur. However, it is important you read the terms and conditions for a cash advance because CPPs offer this benefit mostly for travel within India only.

Doesn’t a travel insurance plan cover this?

Yes. A travel insurance plan offers cash advance too, and this benefit is often offered worldwide (unlike card protection plans). However, the difference is that you will get a fixed amount to cover all expenses with this advance, including paying your hotel bills and other expenses, while card protection plans offer coverage for every aspect of your trip separately.

Credit Card Protection Plan (CPP) Reviews