Credit Shelter is designed to ensure your peace of mind! By enrolling in the insurance plan you can make sure that your outstanding credit card payments are taken care of when you cannot. Coverage from the insurance company applies to unforeseen circumstances such as, loss of life and temporary/permanent total disability.
A nominal amount of 0.5% of the closing balance on your HBL CreditCard will be charged on a monthly basis and you will be covered.
No documentation or branch visit is required. Simply call HBL PhoneBanking at 111-111-425 and enroll in the Credit Shelter Plan on your HBL CreditCard. It’s that easy and you can opt out at any time.