CREDIT SHIELD

Protect Citibank Cardmembers

You buy, We protect

Protect Citibank Cardmembers You buy, We protect

Comprehensive protection for yourself and your family as a Citibank Cardmember.

Protect you and your family from credit card outstanding balance.

Credit Shield insurance protects yourself and your loved ones from any potential credit card debt burden in the unexpected case whereas you are no longer able to pay the bills. If you are unable to work and your income is interrupted, knowing your credit card bills will be covered (minimum or total amount) will give you extra peace of mind.

APPLY NOW

Credit Shield

CREDIT SHIELD

Comprehensive protection for yourself and your family as a Citibank Cardmember.

Protect you and your family from credit card outstanding balance.

Credit Shield insurance protects yourself and your loved ones from any potential credit card debt burden in the unexpected case whereas you are no longer able to pay the bills. If you are unable to work and your income is interrupted, knowing your credit card bills will be covered (minimum or total amount) will give you extra peace of mind.

Features And Benefits
  • No medical test required, simple and easy enrollment.
  • Cover monthly minimum repayments in the event of temporary disablement or payoff total amount in the event of Total permanent disability or Death.
  • Premium will be automatically charged to your card. If you don't have any outstanding balance of the month, no premium will be charged.
  • A nominal monthly premium of just VND 4,200 for every VND 1,000,000 of your outstanding balance.
Eligibility

You must:

  • Be a Vietnamese Resident; and
  • Be from 18 to 60 years of age; and
  • Be a Citibank's Credit card member; and
  • Has applied for the insurance and agreed to pay the premium
Coverage
  • Death or Total and Permanent Disability: enjoy Total Outstanding Balance at the time of occurrence, after deducting the Unauthorized transactions on credit card (if any).
  • Temporary Total Disability due to Accident and Sickness: up to 6 months after the time of occurrence, enjoy a Monthly Assist Benefit of 5% of Outstanding Balance, provided that the Temporary Total Disability must exceed 30 days.
Main Exclusions

Credit Shield insurance will not cover Temporary Total disability, Total and permanent disablement and/or Death due to the following causes:

  • Congenital conditions, pre-existing medical conditions; or
  • Suicide committed within 24 (twenty-four) months of the Policy Effective Date; or
  • Self-injuring while sane or insane; or
  • HIV infection or AIDS or AIDS related condition; or
  • Illegal drug abuse; or
  • The Policyholder/the Life Insured/the Beneficiary committing actions considered as violation of applicable laws; or
  • Participating in aviation activities except as a passenger on civil flights; or
  • War, nuclear weapon.

To apply now:

  • Call CitiPhone at (84 8) 3521 1111 (84 8) 3521 1111.
  • Visit our branch at 115 Nguyen Hue, TP.HCM or 17 Ngo Quyen, Hanoi.

Terms and Conditions

  • Travel the world in complete freedom.
  • Purchase Protection Protect Citibank Card members.

Important notice

Credit Shield is a product manufactured by ACE Non-Life and ACE Life Insurance. They are not bank deposits or obligations of or guaranteed by Citibank, N.A. Vietnam and (or) any of its subsidiaries, group companies or affiliates.

Citibank, N.A Vietnam accepts no responsibility or liability for the products and services offered by ACE Non-Life and ACE Life. ACE Non-Life and ACE Life are the insurance underwriters of these insurance products and are solely responsible for all insurance and compensation related matters. The information of the leaflets is for reference only. Please refer to product brochures, benefit illustration and policy wording for details.

Underwritten by

Ace lifeAce insurance

Distributed by

Citibank