Purchase Protection Insurance Policy
As an eligible Bank Audi cardholder, you will also benefit from a purchase protection insurance policy for up to $1,500.
Any item* bought in Lebanon or abroad with your Bank Audi card will be automatically protected against damage, theft or loss for a full 90-day period from the date of purchase.
How to get coverage?
Simply purchase the desired item* with your Bank Audi card and keep the receipt (sales slip) with you.
Period of coverage
90 days inclusive of the date of purchase.
Territorial limits
Worldwide including Lebanon
What is covered?
In the event of loss, or damage of any item* you bought entirely with your card, the insurance company will pay up to $1,500 to cover:
a) the cost of the covered article
or
b) the actual cost to repair or replace the covered article with an article of like kind and quality
Scope of Coverage
Per any one covered article $750
Per occurrence $1,500
Per year & Per card $10,000
Deductibles
Deductible for each and every occurrence or loss is $75
* subject to exclusions