Enjoy Peace of Mind from our Optional Payment Protection Insurance, knowing that your Credit Card repayments may be covered when you need it most.
This table shows what you can get from Payment Protection Insurance on your credit card.
| Payment Protection | Classic/BOI Clear | Platinum |
|---|---|---|
| In the event of death your outstanding balance is paid up to a maximum of €15,500 | YES | YES |
| In the event of disability 10% of your monthly balance is credited to your account up to a maximum of €2,000*. | YES | YES |
| In the event of redundancy 10% of your outstanding monthly balance up to a maximum of €2,000 will be credited to your account (not available if state or self employed)*. | YES | YES |
| In the event of critical illness/major injury your outstanding balance will be paid up to a maximum of €15,500 (for state and self employed only). | YES | YES |
| Purchase Protection | Automatic Protection | Automatic Protection |
Payment Protection Insurance is available through Bank of Ireland Insurance Services Limited. Payment Protection Insurance cover is underwritten by New Ireland Assurance Company plc, trading as Bank of Ireland Life, and Financial Assurance Company Limited trading as Genworth Financial. Bank of Ireland is a tied Insurance agent of New Ireland Assurance Company plc.
New Ireland Assurance PLC is a member of the Bank of Ireland Group
Bank of Ireland Insurance Services Limited is a member of the Bank of Ireland Group. Bank of Ireland Insurance Services Limited is regulated by the Financial Regulator. New Ireland Assurance Company plc, trading as Bank of Ireland Life, is regulated by the Financial Regulator. Financial Assurance Company Limited is regulated in the UK by the Financial Services Authority and in Ireland by the Financial Regulator.
Terms and Conditions Apply
When applying for a credit card you have the option to select payment protection.
Full details including exclusions are set out in the policy booklet.
Bank of Ireland Insurance Services Limited can provide you with more detailed information. Phone our Customer Care helpline on 1890 251 251.