In case the insured person lives beyond the period of insurance then there will be no further benefits from the plan. (investmentpedia.org)
Once they understand then I am sure a client / investor do not see any major benefit from plans like these. (relakhs.com)
Plus, some card issuers are quite picky, not applying the card protection payments to balances acquired after you start receiving benefits from the plan. (stockmonkeys.com)