Credit Shield Program You are in good hands with the Credit Shield Program on CIB credit cards, offered by AXA Life Insurance Egypt and AXA General Insurance Egypt S.A.E.
The Credit Shield Program is an optional insurance program tailored to provide you with comprehensive insurance coverage linked to your credit card outstanding balance in case of permanent total disability, critical illness or death, in addition to coverage in case of illegal use of credit cards and theft of electronic devices*.
*The premium is calculated and deducted from your credit card’s monthly outstanding balance.
Features Enjoy numerous benefits with the Credit Shield Program on CIB credit cards, offered by AXA Life Insurance Egypt and AXA General Insurance Egypt S.A.E.
Life Insurance
The program gives you and your family peace of mind by paying off your linked credit card’s outstanding balance in case of death, permanent total disability or critical illness with an additional payout equal to the outstanding balance paid to the inheritors in case of death.Insurance
The program protects you against risks resulting from illegal use of credit cards if the insured person’s wallet is lost or stolen anywhere in Egypt. The insured person will also receive compensation for losses resulting from loss of personal documents or keys or theft of electronic devices.Benefits Your Protection, Your Peace of Mind
Explore the table below to learn more about the benefits offered through Credit Shield coverage| Cover | Limit in EGP |
|---|---|
|
Theft of Electronics |
50,000 |
| Illegal use of credit card | 50,000 |
| Life Insurance | 2,000,000 |
| Double Indemnity | 1,000,000 |
| Total Permanent Disability | 1,000,000 |
| Critical Illness | 25,000 |
| Loss of personal documents | 200 |
| Loss of keys |
100 |
Fees and Charges Learn more about the Credit Shield Program’s fees
Fees and Charges
The Commercial International Bank (Egypt) is only a marketing channel for insurance products, and accordingly the Bank is not liable for any terms and conditions of the insurance products marketed through our Bank official distribution channels. The Bank is not liable for the payment of any claims related to any insurance products and AXA Life insurance Egypt has full responsibility in this regard.
*Terms, conditions and insurance policy exclusions apply.
