Top 5 Business Credit Cards That Offer Baggage Insurance
Most of us need to travel for leisure, business and more. While modern-day airlines have made it exceedingly convenient for us to reach from one destination to another, there is always a risk of delayed flights, lost baggage, misplaced travel documents, and in certain unfortunate cases even accidents.
To help us feel safer while traveling, some of the leading Business Credit Cards in India now offer baggage insurance as an additional perk. Not only does this feature help us recover a part of the cost of our lost or delayed belongings, but also give us the much-needed peace of mind during our air-journeys.
So, let us take a look at the Top 5 Credit Cards in India for business which offer cover for lost or delayed baggage:
1. IndusInd Bank Platinum Aura Credit Card
An ideal Credit Card for those who love to spend on a high-end lifestyle, the IndusInd Platinum Aura Credit Card ensures that you get to revel in the best of travel and dining related benefits.
The card offers incredibly high reward points on specific categories, which can be then redeemed as per your preferences.
When it comes to covering your losses during traveling, the card offers an 10,000 cover on lost baggage.
The cover for a lost passport is 50,000, while that for a lost ticket and delayed luggage is 25,000.
Hence, it doesn’t come as a surprise when numerous business owners, managers, and executives use this card.
2. Axis Bank Privilege Credit Card
As the name suggests, the Axis Bank Privilege Credit Card is essentially a premium card designed while giving due consideration to the many needs of top-level managers and business owners alike.
Right from offering loyalty privileges to providing travel advantages such as air miles, vouchers, and lounge access, this card has all that one can imagine. Then again, there are exclusive discounts, cashback and more to look forward to.
As far as covering for losses during travel is concerned, the card offers a cover of up to US$ 500 for loss of check-in baggage, and that of US$ 300 for a delay in check-in items. Besides, the card also offers a cover of up to US$ 300 for loss of travel documents.
3. HDFC Diners ClubMiles Credit Card
Yet another premium card on this list, the HDFC Diners ClubMiles Credit Card is nothing less than a boon for those who love to travel internationally.
The card is known for offering exciting discounts on air ticket bookings across 150+ airlines, as well as hotel stays.
What makes this card truly incredible is the fact that it allows you to earn as much as 10X Reward Points on international spends.
The card covers you exceptionally well, in case of any unfortunate incidence during your air journey. With an air accident cover of 1 Crore, and emergency medical expenses cover of up to 25 Lakhs, the card also covers credit liability of up to 9 Lakhs.
While the travel insurance cover offered by the Credit Card provider is confined to 50,000 that for baggage delay is provided at a maximum of US$ 10 per hour of delay restricted up to a total of 8 hours. As is evident, this card aces the list when it comes to offering the most valuable travel-related cover.
4. ICICI Bank Travel Credit Card
Designed to suit the needs of all international travelers, right from students to entrepreneurs, this card offers flat discounts on air-ticket bookings.
It also provides some fantastic offers on hotel and hostel stays, laptops and international SIM cards.
You can conveniently depend on the card to cover you for a wide variety of losses/damage during your travels. The card is known to offer a personal air accident cover of 10 Lakhs in case of death.
In case you happen to miss a connecting international flight, it provides a cover worth US$ 300. A similar cover is offered for loss of travel documents. In the unfortunate event of a plane hijacking, you can avail a cover of up to US$ 300.
The cover for lost card liability and that for counterfeit card liability is capped at 2 Lakhs. In case of delay in receipt of check-in baggage, you can claim a cover of up to US$ 300.
5. SBI Corporate Platinum Card
As indicated by the name, the SBI Corporate Platinum Card is designed for large business, who need to handover a dependable Credit Card to their top-level managers.
The card offers a unique facility of spend analysis tools, thus enabling the management to gain insight into corporate expenses. It also provides flexible credit limits, and even category controls, which can prove to be rather imperative for many businesses.
The cover offered during air travel for the card includes an accidental death cover of 50 Lakhs.
In case of loss of baggage the card, provider assures a sum of up to 75,000, while that of 7,500 in case of delayed baggage. The cover for lost travel documents is capped at 12,500 while that for flight delay is up to 15,000.
Now that you know the many benefits complete with baggage insurance offered by the leading Business Credit Cards in India wait no more before you take your pick on the basis of your individual needs and preferences.
Also Read: 5 Best Lifetime Free Credit Cards in India
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