Payment Protection Plan

Designed to protect your credit card balance, our Payment Protection Plan provides you, the primary insured accountholder, with the following benefits*:

Life Coverage

Pays the unpaid account balance to your credit card account if you or your insured Co-Accountholder should die.

Disability Coverage

Pays a monthly benefit payment to your credit card account if you become totally disabled for more than 30 consecutive days.

Unemployment Coverage

Pays a monthly benefit to your credit card account if you become involuntarily unemployed (loss of job, strike or layoff) from full-time employment (working for wages or profit for at least 30 hours per week) for more than 30 consecutive days. To qualify for Unemployment benefits, you must register with a recognized employment agency or your state unemployment office within 30 days after the date you become unemployed.

Property Coverage

Pays to repair or replace insured property if, due to a covered peril, it is stolen or accidentally damaged or destroyed. Coverage continues for 36 months after the purchase of the insured property while this coverage is in effect. Covered perils for Property Insurance are specified in your Certificate of Insurance.

Family Leave Coverage

Pays a monthly benefit to your credit card account (for up to 6 months) if you or your Co-Accountholder take an unpaid leave of absence from full-time employment (working for wages or profit for at least 30 hours per week) for more than 30 consecutive days while you or your Co-Accountholder are:

• caring for an immediate family member with a serious medical condition;
• caring for a newborn or adopted child for up to 3 months;
• on active military duty due to mandatory recall;
• on jury duty; or
• residing in a federally declared disaster area.

Family Leave Insurance does not cover losses caused by a pre-existing medical condition (defined as a condition for which the family member saw or was treated by a licensed health care provider both within the 6 months before and the 6 months after the effective date of coverage). Family Leave benefits are not payable if you are eligible for or receive unemployment benefits; or are disabled.

Benefits Summary:

• Benefits, except for Property Insurance, are based on your account balance at the time of loss.
• Life, Disability, Involuntary Unemployment, and Family Leave benefits are payable up to a maximum of $10,000 or the account balance at the time of loss, whichever is less.
• Benefits for Property Insurance will not exceed $10,000 subject to the maximum Property Insurance benefit provision contained in your Certificate.
• Benefits do not include any amounts added to your account (including insurance charges) after your loss.

To qualify for benefits you must be under the age of 71 at the time of loss. All coverage terminates at age 71.

Please call CSI at 1-877-274-5014 with your questions about the Payment Protection Plan.

*Benefits may vary by state. See Plan Modifications for details.