Business and Corporate Credit Card Liability Insurance

Key features

Get in touch

Email us to discuss your needs

Liability insurance for corporate and business card issuing financial institutions

Business and Corporate Credit Card Liability insurance protects companies against the fraudulent misuse of business and corporate credit cards, by providing Liability insurance to the issuing bank or financial institution.

In the event of fraud or misuse by an existing or dismissed employee, the corporate customer can ask the issuing bank to reimburse any unauthorised charges they are unable to retrieve from the cardholder. The bank will then claim on this Credit Liability cover.

Covering global credit cards

The scheme is designed to cover a bank’s corporate/business credit cards  anywhere in the world. It offers the bank’s corporate customers protection from unauthorised charges of up to USD 25,000 per cardholder and USD 1,650,000 per company, per year.

The low cost-per-card means that many global banks, building societies and other financial institutions choose to protect themselves with this Liability cover, whilst including it as a benefit to their Business and Corporate account, to attract and retain clients.

Additional enhancement products

We are able to also offer the following enhancements that complement a payment mechanism such as a Credit Card or Digital Wallet:

  • Fraud Cover, including Lost or Stolen Cards, ATM Robbery and cover for items in Secure Wallets
  • Purchasing Protection, including Price Protection, Extended Warranty and Ticket Protection
  • Personal Security Protection, including Cyber and Unemployment cover
  • Car Hire Protections, including annual Collision Damage Waiver, Loss Damage and Auto Deductible Reimbursement

Ask the independent experts

Email us to discuss your needs