WebClick Tracer

April 12, 2024

BPI’s latest offering: Personal Cyber Insurance for debit cardholders

Bank of the Philippine Islands (BPI), the banking arm of the Ayala Group, is bolstering the security of its debit cardholders’ everyday transactions with a new insurance option.

The recently launched Personal Cyber Insurance from BPI is exclusively designed to provide peace of mind to its debit cardholders, shielding them from potential risks in today’s dynamic digital environment.

This forward-thinking insurance solution, available starting at an affordable annual fee of P700, offers a variety of coverage options tailored to meet the unique needs of BPI debit cardholders.

Among its features is E-commerce Purchase Protection, reimbursing customers for online purchases made with their BPI Debit Mastercard in cases of accidental damage or non-delivery by fraudulent sellers.

Additionally, the insurance covers Lost Card Protection, safeguarding customers against unauthorized or fraudulent transactions on their card for up to 12 hours before reporting the incident to BPI.

Moreover, it provides protection against Third-Party Unauthorized Transfers, shielding customers from unauthorized fund transfers conducted by external parties using their BPI Debit Mastercard account.