Purchase Protection Insurance safeguards purchases made with a payment card. Items purchased with BankMed Platinum cards are protected against accidental damage, theft and robbery up to a maximum period of 24 months from the date of purchase.
Features and benefits
Purchase Protection covers most items bought with a BankMed Platinum card.
- Cover is immediate, giving extra peace of mind to the consumer, knowing that their purchase is protected from day one.
- Items are protected up to the original purchase amount.
- Claims can be made up to a maximum limit of USD 1,500 per item and up to a maximum USD 3,000 limit in any one occurrence with USD 20,000 in the aggregate.
Eligibility
- Cardholder should pay with BankMed Platinum card
- Cardholder should be over the age of 18
- Claiming for amount in excess of USD100
- Stolen items must be reported as stolen, within 36 hours, to the police where the incident took place.
How to Claim
- Cardholder should report to International SOS (ISOS) the loss/theft within 45 days from the date that the incident occurred.
- The Cardholder will be provided with a form for filing proof of loss.
- Cardholder has to provide proof of loss (including any supporting document that may be required) within 90 days after the date of incident.
International SOS Mailing Address for Claims
International SOS Assistance (UK) Ltd
Sixth Floor, Landmark House
Hammersmith Bridge Road
LondonW6 9DP
United Kingdom
International SOS 24-Hour Alarm Center
+ 44 20 8762 8808
International SOS Website
www.internationalsos.com |
Exclusions
Exclusions include:
- Boats
- Motorized vehicles and their accessories
- Land or building
- Consumable and perishable goods
- Cash, Travelers cheques
- Tickets of any kind
- Goods left in a public place and have not been securely locked away
- Goods that are already covered by another form of insurance
(e.g. home contents, travel insurance or manufacturers warranty)
- Unreported stolen items
Other coverage exclusions might be applicable, please contact our agents 24/7
on 01 - 70 80 90 for inquiry or assistance.