Archive · 25 Jun 2025
Credit Card Air Accident Insurance: What You Need to Know
Some credit cards give you free insurance if you die in a plane crash.
If you use your credit card to buy a plane ticket, the card might cover you.
This insurance usually helps your family financially.
The amount of money you get depends on the card.
But you must use the card for recent transactions and it covers only you, not family or others using add-on cards.
It's like the bank is paying a little bit of money for this.
Remember, you need to know the rules and conditions of your specific credit card.
Also, SBI Card is stopping this benefit on some cards soon.
Many credit cards offer air accident insurance when flight tickets are purchased with the card.
Coverage typically applies to the primary cardholder, not family members or add-on cardholders.
Coverage amounts vary, with some cards offering up to Rs 5 crore.
Cardholders must meet specific conditions, such as an active card with recent transactions.
SBI Card is ending air accident insurance on certain cards starting July 15 and August 11.
- Who
- Credit card holders are the primary beneficiaries.
- What
- Many credit cards offer complimentary air accident insurance.
- When
- Coverage details and availability vary, with SBI Card ending this benefit on some cards from July 15 and August 11.
- Where
- The article focuses on credit card usage in India.
- Why
- To provide financial support to cardholders' families in case of air accidents.
Consumers
Credit Card Issuers
Benefit Availability
Consumers
Cardholders benefit from air accident insurance.
Credit Card Issuers
Credit card companies may alter or remove such benefits.
- Coverage Type
- Air accident insurance
- Eligibility
- Primary cardholder
- Coverage Amount Example
- Up to Rs 5 crore on some premium cards
- Claim Conditions
- Active card with recent transactions
- SBI Card Change
- Ending air accident insurance on select cards
- Important Note
- Air accident insurance does not cover acts of terrorism