Can You Get Forsikringer Med Kredittkort & How to Do It?


For a while now, people have been relying on credit cards for making purchases, traveling, and for covering pretty much any kinds of expenses. And, it is no wonder. After all, this is much safer than the option of carrying cash around, especially if you’re traveling somewhere. Furthermore, the fact that you can borrow some money through the card and then return is later is also rather useful, as it can get you out of financial emergencies and solve the problems you have found yourself in.

Credit cards have, of course, long been known and popular for the convenience they offer, as well as for some benefits and rewards that come with using them. Apart from that, they are also known for helping people build credit score, which is undeniably highly important as well. But, when people talk about credit cards, they tend to overlook one simple thing that can often be a rather huge benefit for consumers. I am, of course, talking about insurance.

It would be nice if these financial instruments offered some protection in the form of insurance when it comes to using them. So, what you want to do is understand if this is actually possible, as well as talk about how to do it the right way if it winds up being possible. In other words, you’re wondering whether getting forsikringer with a kredittkort is something you can look forward to, or if it may be an idea that can’t exactly be turned into reality. Let us, therefore, talk about that.

Can You Get Insurance With a Credit Card?

Answering this question is quite easy, so let us cut to the chase right away. Most great providers offer some kind of insurance through their credit cards. This, of course, doesn’t mean that everyone has the same thing to offer, and that all of the providers will offer some kind of coverage. It does, however, mean that you may be able to find the insurance coverage you are looking for if you simply take the time to research various options and figure out which one works best for you.

So, getting insurance with a credit card is definitely a possibility. In fact, it is one of the most-overlooked benefits that this financial tool brings to the table. Now that you understand that it exists, though, you are most probably interested in figuring out what kind of insurance you can actually get from different credit card providers, as well as how to do it the right way. Well, those are the next things we will discuss.

What Kind of Insurance Can You Get?

As I have explained above, not all of these financial instruments offer the same benefits, or the same insurance coverage for that matter. This further means that there are different types of insurance types you can get from various providers. We are now going to check some of those out in details, hoping to shed light on what it is that you can get, as well as help you determine what you may need the most. So, here we go.

  • Travel Insurance

First off, there is travel insurance, which is offered on many credit cards, and which is actually one of the most valuable coverages that you can get. If you are a frequent traveler, then this can undeniably be quite useful for you. The coverage typically covers trip cancellation or interruption insurance, meaning you will be reimbursed for any canceled or interrupted trips, but only for specific reasons, such as severe weather, or perhaps illnesses or injuries.

In addition to this, this policy will also cover the cost of replacing your delayed or lost luggage, as well as compensate you for injuries, or even death, during the trip. And, most importantly, your medical expenses will be covered while you are traveling abroad, providing you with some extra security, knowing that you’ll be able to get any kind of treatment if you wind up needing it for one reason or another. This is especially important if you’re visiting countries that have high healthcare costs.

Read more about travel insurance on credit cards:

  • Rental Car Insurance

Continuing along the same lines, if you tend to rent cars when travelling, you may want to opt for a credit card that offers the right protection for it. This type of insurance will cover the costs of damage, or even theft, of the rental car. Therefore, buying additional insurance from the car rental company may be unnecessary, when you have this option on your card.

  • Purchase Protection

In addition to travel insurance, some credit cards also offer purchase protection. What does this precisely mean, though? Well, to put it simply, it means that your purchases will be safeguarded against theft, damage or loss for a specific period after the date of buying it. Usually, you’ll be covered for 90 to 120 days after the purchase. This option is especially useful for expensive purchases.

  • Extended Warranty

Similarly to the above, you may get extended warranty for certain items you’ll buy if you have the right kredittkort. So, if you’re buying some high-value items, such as certain home appliances or electronic devices, you will definitely benefit from paying for them with your credit card and thus getting extended warranty. Usually, the warranty period is extended for up to one year.

How to Do It Right?

Now, the above are just some types of insurance coverage that you may be able to get through your credit card. If you’re wondering if there are other ways you can stay protected when using this financial instrument, the best thing to do is talk to the providers you’re cooperating with and check what it is that they have to offer you. Everyone will offer different things, so it is definitely important for you to always discuss this, instead of making assumptions.

Anyway, if you have decided that you need to get some kind of insurance on your credit card, then you will absolutely need to make the right choices during the process, so as to get the perfect solution for yourself. The only thing is, you may not know how to exactly do that. Therefore, what we are going to do right now is take you through the process of choosing the right card for you, while keeping insurance in mind, and thus ensuring that you’re getting the coverage you want and need.

  • Decide Specifically What You Need

Not everyone needs the same type of coverage, and that is perfectly logical. So, while you could get some recommendations from the people you know, you should always remember that their needs may not be the same as your needs. This circles us back to the types of insurance you can get, because some people may benefit mostly from travel coverage, while others could need purchase protection.

Therefore, one of the first things to do here is carefully think about what it is that you may need the most. Once you do that, you will have a much easier time actually choosing your credit card, and you can get some tips on how to do that on this page as well. In short, you’ll get to eliminate any unsuitable ones from your list, and then focus solely on those providers and those financial instruments that offer the type of coverage you actually need.

  • Check Out Different Providers

Just like people don’t have the same needs, credit card providers don’t offer the same things. This goes not only for the insurance coverage, but also for all the other benefits, rewards, as well as the terms of using the card. Thus, it is your job to check out different providers, aiming at determining what they exactly have to offer. Once again, this will help you narrow down the list of potential ones.

  • Research Them in Details

Of course, researching those providers in great details is of crucial importance as well. Why? Because you have to be sure that you are getting a card from a reputable, reliable and trustworthy one. So, take time to check what the past clients have to say and read the reviews they may have written somewhere online, aiming at ultimately determining the reputation of the different providers. You’ll be able to find most of the information you need online, which will definitely make your researching process easier.

  • Check Your Eligibility

Here is something you may not have taken into consideration at all. Not every single person will be eligible for every single type of a credit card, and consequently for the same insurance type. The eligibility depends mostly on your credit score and your overall financial situation. Meaning, thus, that it would be best for you to check your own eligibility before going any further, as this will save you from wasting time applying for certain solutions that you will not be approved for. Fortunately, you will most likely be able to find a good solution for yourself regardless of the score, but the bottom line is that you need to check this before applying.

  • Compare All the Other Terms Too

We’ve been talking about the idea of getting forsikringer through a kredittkort and of scoring the specific coverage you need, so this is bound to be on your mind during the researching process. Moreover, we’ve also mentioned that you should check the other types of benefits and rewards offered by different providers. Yet, we cannot fail to mention that you should check all the other terms of getting the card as well, such as interest rates, late payment fees, and any other fees that you may be charged. By comparing all of those terms, you’ll ultimately get the best solution.

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