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Credit Card Insurance

Category Credit Cards

Credit card user do not need to buy insurance. Most credit card insurance companies have a $50 deductible clause under their coverage, and federal law provides this coverage for free. A cardholder's liability is limited to $50 per card on charges incurred before the credit card company is notified of the loss or theft.

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By joesgirl

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Budget & Finance Credit CardsNovember 9, 2004
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