Discover Card: Life Insurance Benefits And Coverage

Discover cards are known for their solid benefits and no annual fees, but they do not offer life insurance. Discover discontinued its travel insurance benefits in 2018, along with benefits like extended warranty and price protection. However, Discover cards do offer some unique features, such as a generous welcome bonus, top-tier customer service, and zero foreign transaction fees.

Discover Card Travel Insurance

While Discover Card Travel Insurance is no longer available, there are other cards you can use to book insured travel, such as the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve®, which offer robust travel insurance coverages, including trip delay protection, primary auto rental collision damage waiver insurance, baggage delay insurance, lost luggage protection, and travel accident insurance. Other card options that offer travel insurance include the Capital One Venture X Rewards Credit Card, Wells Fargo Autograph ℠ Card, and the United Gateway℠ Card.

It is important to note that if you are looking for a credit card with travel insurance, there are other options available from different card providers. Additionally, you can also buy travel insurance separately from third-party travel insurance companies, which allows you to customize the plan according to your needs.

Discover Card Life Insurance

Discover Card does not offer life insurance. However, Discover Payment Protection allows cardholders to pause minimum monthly payments on their Discover Card for up to 24 months for qualifying long-term events and up to three months for qualifying short-term events. Qualifying events include involuntary unemployment, leave of absence, federal or state disaster, death of a child, spouse, or domestic partner, childbirth or adoption, and new job or job promotion.

Discover discontinued its travel insurance benefits in 2018, which included $500,000 in travel accident insurance and $25,000 in rental car collision or theft coverage. They also discontinued purchase protection, return protection, and extended warranties. Discover cards do not have any annual or foreign transaction fees.

Discover Card Payment Protection

Discover no longer offers travel insurance or purchase protection benefits on its credit cards. However, Discover does offer a Payment Protection plan for cardholders who are already enrolled.

Discover's Payment Protection plan allows cardholders to pause minimum monthly payments on their Discover Card for up to 24 months for qualifying long-term events and up to 3 months for qualifying short-term events.

Qualifying events include:

• Involuntary unemployment
• Leave of absence (for childcare, family care, or military call of duty)
• Federal or state disaster
• Death of a child, spouse, or domestic partner
• Childbirth or adoption
• New job or job promotion

Additionally, cardholders can cancel up to $25,000 of their balance in the event of their death.

It's important to note that this benefit is not available in Alabama, Iowa, Indiana, Montana, or Nevada, and Discover is no longer accepting new enrolments for this program.

Other Discover Card Benefits

While Discover no longer offers travel insurance, it does provide several other benefits to its cardholders, including:

• Zero fees: All Discover credit cards charge $0 annual fees and $0 foreign transaction fees.
• High rewards and easy withdrawals: Discover cards offer cash back rewards or Miles (that can also be used as cash back), and cardholders can redeem their rewards in amounts as low as $0.01.
• Discover cashback match: Discover matches all the cash back earned by new cardholders at the end of their first year.
• Pay with rewards: Discover partners like Amazon and PayPal allow cardholders to pay for purchases with their Discover rewards.
• Credit monitoring and security: Discover offers cardholders a free Credit Scorecard with their FICO® Score, Social Security number alerts, and other security features.
• Excellent customer service: Discover provides U.S.-based customer service and free overnight card replacement if a card is lost or stolen.

Discover Card Rental Car Insurance

Discover cards do not offer rental car insurance. However, Discover cards do offer solid cash-back rewards, a welcome offer, and travel benefits.

Discover offers seven different credit cards, each with its own set of rewards and benefits. The Discover it® Cash Back card, for example, offers 5% cash back on purchases at different places each quarter up to $1,500 spent when activated, and 1% cash back on all other purchases. This card also has a unique welcome bonus: new applicants get a 100% cash-back match of all the rewards they earn in their first year of card membership.

Discover cards also have no annual fees, no foreign transaction fees, and introductory APR offers on purchases and balance transfers.

While Discover cards do not offer rental car insurance, some other credit cards do. For example, Chase and Wells Fargo cards offer rental car insurance, with Chase providing the highest per-vehicle coverage amount of up to $75,000 and coverage for up to 31 days.

Discover Card Customer Service

Discover Card offers 24/7 customer service with a U.S.-based team that is committed to not upselling you when you call. The company provides excellent customer service, including free overnight card delivery if your card is lost or stolen. Discover also offers fraud protection and impressive security features, such as Social Security number alerts and the ability to freeze your account on demand.

Discover Card Benefits

Discover cards offer a range of benefits, including no annual fee and no foreign transaction fees. They also have a "Cash at Checkout" feature, allowing cardholders to withdraw cash when making a purchase at specific retailers, with a limit of $120. Additionally, Discover will match all the rewards you earn in your first year.

Discover cards used to offer travel insurance, but this benefit was discontinued in February 2018. As such, Discover cards do not provide travel insurance, purchase protection, return protection, or extended warranties. However, they do provide a unique welcome offer, solid cash-back rewards, and easy redemptions.

Discover Payment Protection

Discover offers a Payment Protection plan that allows cardholders to pause minimum monthly payments on their Discover Card for up to 24 months for qualifying long-term events and up to 3 months for qualifying short-term events. This includes events such as involuntary unemployment, leave of absence, federal or state disaster, death of a loved one, childbirth or adoption, and a new job or job promotion. Additionally, you can cancel up to $25,000 of your balance in the event of your death.

Discover Card Alternatives

If you are looking for a credit card with travel insurance, there are several alternatives to Discover Card. Some of the best Mastercard/Visa cards that offer travel insurance include the Chase Sapphire Reserve®, Chase Sapphire Preferred® Card, Chase Freedom Unlimited®, and IHG One Rewards Premier Credit Card. These cards provide benefits such as rental car insurance, travel accident insurance, trip cancellation and interruption insurance, and baggage insurance.

Frequently asked questions