Insurance Cover on Mastercard World Debit Card

Every IDFC FIRST Bank Mastercard World Debit Card holder gets –

• Lost Card Liability

• Personal Accident Insurance

• Air Accident Insurance

• Purchase Protection

Here are the limits applicable:

With IDFC FIRST Bank Mastercard World Debit Card you have no liability for unauthorized transactions on Debit Cards on receipt of notification from the card holder.

At IDFC FIRST Bank we offer free insurance cover on debit card (death or permanent disability). To claim your insurance cover on debit card, customers need to meet the below eligibility criteria.

Insurer details are given below:

Get free Air Accident Insurance cover with the IDFC FIRST Bank Mastercard World Debit Card. To redeem the Air Accident Insurance cover on debit card, customers need to meet the above mentioned eligibility. Following terms & conditions will be applicable:

•  In case customer holds multiple debit cards, claim will be extended on the highest eligible debit card (claim on any one debit card held by customer, subject to criteria being met)

•  In case customer has multiple accounts with the bank linked to single debit card, the eligibility criteria need to be met on any 1 of the accounts held by the customer and not for a group/set of accounts

In case of fire/theft/burglary, the IDFC FIRST Bank Mastercard World Debit Card offers purchase protection for up to 90 days from the date of purchase for transactions carried out at merchant outlets/online using the card.

•  Gross negligence is not covered

•  Breach of law is not covered

•  Claim should be reported by cardholder / Bank to IL within 30 days from the date of receipt of statement where in the disputed transaction is reflected

•  Claim documents to be sent within 30 days from the date of blocking

•  Reporting Period - 7 days pre-reporting to the Bank and 7 days post-reporting Cover

•  IDFC FIRST Bank only handholds the customer through the insurance claim process. The decision to approve/reject a claim lies completely with the insurer. The terms and conditions of insurance policies attached to your IDFC FIRST Bank debit card are subject to change without prior notice.

Do go through Terms, Conditions & Exclusions mentioned here