Payment instrument insurance SPB’s payment instrument insurance programme covers the following in case of loss or theft: financial loss as a result of fraudulent use of cheques and bank cards, financial loss in case of theft and an ensuing cash withdrawal, the cost of renewing one’s official papers, lock replacement or repair expenses etc.
SPB’s strong points
• Leader in this field in France • Over 35 years’ experience in card-related insurance • A permanent strategy of innovation
Currently, SPB manages nearly 8 million payment instruments policies through programmes offered by 10 leading French banks.
Purchase cover The purchase cover developed by SPB is included in 20 million cards in Europe: protection against breakage and theft, best price guarantee, extended manufacturers’ warranty.
Online purchase cover Since 2000, SPB has offered Internet payment cover (cover for due performance of transactions, namely the delivery, conformity and good condition of the goods), which is either bundled with the card or sold as an optional extra.
For instance, SPB’s Internet insurance is included with BNP Net, Direct Card, and the Visa Europe Ltd (Succursale française) e-card cards. It is also bundled in the package designed for an Internet Service Provider to supplement computer insurance: it covers both due performance and delivery of Internet purchases (delivery, good condition and conformity of the product) and accidental damage to computer hardware.
52 million bank cards now include SPB guarantees in Europe
Visa Premier
SPB has managed the insurance policies of 3.5 million holders of Visa Premier cards for over 20 years, as well at those of the very prestigious Visa Infinite card
