Enroll in CreditShield Plus and cast away your worries on your credit card. Don't let loss of life or critical illness affect your creditworthiness and family's financial future. Enroll in CreditShield Plus today and get maximum credit card protection! Death, disability, or critical illness may strike anytime so protect yourself and your loved ones with CreditShield Plus. For a premium that is so affordable, you can enjoy peace of mind knowing that your outstanding balance will be settled no matter what happens. Enroll in CreditShield Plus today and get maximum credit card protection! Call 24-Hour CitiPhone at 02 9959999 to enrol. Why you need CreditShield Plus CreditShield Plus provides peace of mind to you and your loved ones. Your family need not worry about your credit card bills if you pass away, become temporarily or permanently disabled, or are diagnosed with a covered critical illness. CreditShield Plus softens the financial impact on you and your family, especially if you have other financial obligations. Get coverage of up to Php600,000 CreditShield Plus pays for your enrolled Citibank Credit Card account's/s' outstanding balance including unbilled instalment amount up to Php600,000 or 120% of your combined credit limit or regular credit limit, as applicable, whichever is lower at the time of death (due to accident, illness or natural causes), permanent disablement, or fist diagnosis of covered critical illness. Or if you have become temporarily disabled for more than 30 days, CreditShield Plus pays for the minimum amount due for up to six (6) months. Additional safety features for your peace of mind CreditShield Plus is the first and only credit card protection in the market that covers the seven common critical illnesses, in case of first diagnosis of: Blindness Cancer Coronary Artery Bypass Surgery Heart Attack (Myocardial Infarction) Kidney Failure Major Organ Transplant Surgery Stroke Maximum protection at minimum premium Pay only a monthly premium of 0.69% (or Php0.69 for every Php100) of the outstanding balance including any unbilled instalment amount. A one-time Documentary Stamp Tax will be charged to your first premium billing ranging from Php0 to Php50 depending on your outstanding balance. Please see table below for computation details. If you don't have any outstanding balance for the month, no premium and documentary stamp tax will be charged. OUTSTANDING BALANCE (in Php)   DST (in Php) <= 100,000   0.00 > 100,000 and <= 300,000   10.00 > 300,000 and <= 500,000   25.00 > 500,000 and <= 600,000   50.00 Who are qualified to avail of CreditShield Plus All existing principal Citibank cardholders of good credit standing, aged 18-64, and residing in the Philippines, are qualified to enroll. Since CreditShield Plus is on a per card account basis, you may enroll all your qualified Citibank Cards. Fast and easy enrollment No medical exams required. No long health questionnaire to be answered. Just call 24-Hour CitiPhone at 02 9959999 to enroll in CreditShield Plus. Hassle-free claims service In case of an unfortunate event, filing a claim does not have to be a burden. You simply call 24-Hour CitiPhone at 02 995 9999 to get a lift of required claims documents. The Certificate of Coverage, which you will receive within four (4) weeks upon approval of your CreditShield Plus application, specifies the terms and conditions of the policy. You will have the opportunity to review them within 14 days from date of receipt without any obligation. Important CreditShield Plus is underwritten by Pru Life Insurance Corporation of U.K. (Pru Life UK). All insurance applications are subject to Pru Life UK’s underwriting and acceptance. It is not a bank deposit or obligation of or guaranteed by Citicorp Financial Services & Insurance Brokerage Philippines, Inc., Citibank, N.A., Citibank Savings, Inc, Citigroup or any of their affiliates or subsidiaries. All Claims under the policy will be solely decided upon by Pru Life UK. Citibank, Citigroup or any of their affiliates and group entities hold no warranty and do not make any representation about the insurance, the quality of claims processing and shall not be responsible for claims, recovery of claims, or for clearing of claims, in any manner whatsoever. This material is for general information only and is not a contract of insurance. Accordingly, the information should be read and construed in light of and subject to all terms, conditions and exclusions contained in the policy contract. Full details are stated in the policy contract. There are conditions whereby the benefits under the plan will not be payable. These are stated as exclusions in the policy contract. You are advised to read the policy contract for the full list of exclusions. Click on to expand and on to minimise the details. What is CreditShield Plus? CreditShield Plus is an OPTIONAL insurance product that pays for the outstanding balance (total amount due plus unbilled instalment amounts) of the cardholders in the event of death, permanent disability or first diagnosis of seven (7) critical illnesses. In the event of temporary disablement for more than 30 days, CreditShield Plus pays for the minimum amount due up to six (6) months. Who can enroll in CreditShield Plus? All active and current Citibank principal cardholders between 21 and 64 years old can enroll in CreditShield Plus. If I have several Citibank Credit Cards, can I enroll all of them? Yes, you may enroll all your Citibank Credit Cards since CreditShield Plus is on a "per card account" basis. Is there a maximum benefit payable? Yes, there is a maximum benefit payable and below are the limits: Coverage   Maximum Benefits Death   Outstanding Card Balance including unbilled instalment amount up to Php600,000 or 120% of your combined credit limit or regular credit limit, as applicable, whichever is lower Permanent Disablement   Outstanding Card Balance including unbilled instalment amount up to Php600,000 or 120% of your combined credit limit or regular credit limit, as applicable, whichever is lower Critical Illness   Outstanding Card Balance including unbilled instalment amount up to Php600,000 or 120% of your combined credit limit or regular credit limit, as applicable, whichever is lower Temporary Disablement for more than 30 days   Minimum amount due up to six (6) months, computed at the time of temporary disablement; Payment starts on the 31st day of temporary disablement How do I pay for the premiums? Your premiums will be automatically charged to your Citibank Credit Card every month and will be included in the Total Amount Due in your card statement. Will my premium rate ever increase? No, your premium rate is fixed at 0.69% of your outstanding balance (total amount due plus unbilled instalments). When does my coverage begin/take effect? Your coverage will take effect when the first CreditShield Plus premium and the one-time documentary stamp are charged to your Citibank Credit Card. What will happen to my CreditShield Plus coverage if my account becomes delinquent? Your coverage will be automatically cancelled once your credit card becomes delinquent. However, once the card becomes active, CreditShield Plus will be automatically reinstated. Are the expenses incurred by my Supplementary Cardholder/s covered by CreditShield Plus, too? Yes, their expenses are also covered since the transactions of your supplementary cardholder/s are charged to your card and are reflected in your monthly card statement. Are unbilled instalments covered? Yes, unbilled instalments (i.e. PayLite, Balance Transfer, Balance Conversion, Retail Conversion) are covered as well, subject to the maximum coverage of 120% of your combined credit limit or regular credit limit, as applicable. This does not include the Special Instalment Limit - i.e. Call for Cash. Corresponding premiums (and one-time documentary stamp tax, if applicable) for the unbilled portions (principal plus interest) will be charged, too. How can I make a claim? To file a claim, just call the 24-Hour CitiPhone at 02 9959999 When will I receive my Certificate of Coverage? You will receive the Certificate of Coverage within four (4) weeks from your enrolment date. The terms and conditions are specified in the certificate, and you are strongly advised to review them. Who is the underwriter of CreditShield Plus? Creditshield Plus is underwritten by Pru Life Insurance Corporation of UK (Pru Life UK). It is not a bank deposit, or obligation of, or guaranteed by Citicorp Financial Services & Insurance Brokerage Philippines, Inc. (CFSI), Citibank N.A., Citigroup or any of its affiliates or subsidiaries. Use Credit Wisely