Quote:
Originally Posted by mabunji
CitiBank outsource their insurance to Zurich. Ive limited experience and don't pay much attention to the Insurance associated with the card. I've made one claim previously against a card (Westpac Gold) - also outsourced to Zurich.
I'm guessing its a fairly closed field. Zurich provide insurance to Citibank, Westpac and ....... Dunno - are there any other players out there ??.
My experience with the Westpac claim was that I was dealing with Zurich as soon as I phoned the credit card andv reported I had a problem.
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My apologies to mattjk for not replying earlier. Yes - its true that CB outsource to Zurich. One thing I find strange is that on the CB website there is a travel insurance link that takes you to QBE (I think - if its not then it's CGU). There you can get a quote for TI. I got a quote and it came up $730. Now why would I pay this when I can get "free" travel insurance with the card? mattjk - I had a look at the international TI part of the booklet and it says that they cover you for:
- medical and hospital expenses incurred overseas
- Loss or damage to personal property and business effects
- Unexpected cancellation of travel arrangements andother unexpected expenses
- Travel delay
- Rental vehicle excess
- Legal liability
- and a lot of other nasties
It just struck me as strange that CB have a built-in insurance that defaults to Zurich and another offer (BTW sign up to the other offer before June 2008 and you will be in the running to win 100 000 QF FF points!!!!) with a competing insurer.
Mabunji - other players include AIG, most of the medical benefits funds and most general insurers. If you're not confused now, then I am
