Wallet Protection plan review – Protect your Wallet Theft

protect-walletI would like to review Wallet protection plan in this post.Lets first see the below video to understand what is Wallet protection.

What is Wallet protection –

Wallet protection scheme helps you to insure all your debit/credit cards in case of theft and loss.It also protect your other document like Pan card and Driving license by reapplying it.

What is Wallet protection –

Wallet protection scheme helps you to insure all your debit/credit cards in case of theft and loss.It also protect your other document like Pan card and Driving license by reapplying it.

Why you need it?

  • One call to block all cards – you can register as many card as you want this service.With one call anywhere from world, you can block all your Credit/Debit cards to avoid misuse.It helps you a lot when you travel outside India.
  • Protection against misuse- In case of any misuse from your credit, company insurance will coverage the amount lost.
  • Cover against online fraud – In case of fraud transaction at ATM or store or phishing or any other online fraud, it covers the amount lost.
  • Coverage for travel expenses – In case of lost wallet during travel in India or abroad, they will cover your hotel expenses are return air ticket if any.You do not have to worry about cash.
  • Online Document store – Some protection services also gives the facility to securely kept online copies of your document.
  • SIM card blocking – SIM card blocking in case of theft is also a nice feature of these services.
  • Emergency roadside assistance – In case of accident or breakdown, they also provide you roadside assistance like towing of vehicle,battery jumpstart,fuel filling etc.

How to buy ?

There are two major services provider for wallet protection services:

OneAssist – It subscription start @ 1300/year INR and Privilege package start @ 1799/year INR.Privilege package contains some extra feature like Pan card reapply,phone sim block and some other feature.

CPPdirect – There is another service provider CPPDirect which provides similar services and it start @ much lower price of 899 INR/year and go upto  2185 INR/year.

Conclusion: This is a must service if you are traveling in India or abroad.Even if you are not traveling and in town, you must protect your wallet in case of theft and lost.Never leave it on chance,Please share your experience, if you have lost your wallet ever and what you did in that situation?

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