1. Damage to property
Example: You bought your child’s scooter with a Coop bankcard. Your child had a bad fall, breaking the car and the front wheel attachments. The insurance covers the repair costs of the scooter less the deductible of €30.
2. Destruction of property
Example: A mobile phone you just bought for €450 fell into the water from the boat when you were at sea. The property cannot be restored. The insurance covers €420 of the cost of the property, the client must pay the deductible of €30.
3. Theft
Example: Everything, including sunglasses, were stolen from the boot of the car when you were travelling. The sunglasses were covered by valid purchase insurance and insurance indemnifies the purchase price of the sunglasses minus the deductible of €30.
4. Robbery
Example: A handbag, purchased just three months ago for €370, was taken from the client in a robbery at a nightclub. Deductible €30, the insurance will cover €340.
New things for which the cardholder paid in full by a valid card and that cost from €100 to €2,500, are insured. An insured event is the theft, robbery, sudden and unforeseeable destruction of or damage to an item purchased with the card, which is not excluded by the insurance contract.