Subject to the Benefit Limits and within the first ninety (90) days of the date of purchase, Purchase Security* will, at the Benefit Administrator’s discretion, replace, repair, or fully reimburse you for the amount debited from your Visa card for eligible items of personal property purchased with the Visa card in the event of theft, or damage caused by the Eligible Events.  

View Terms & Conditions

*Certain terms and conditions apply. For general questions regarding the benefit, call 1-800-553-4820 or view Terms & Conditions.

Coverage Received 

To be eligible for this benefit, you must be a cardholder of an eligible U.5.-issued Visa card. Only purchases made by the eligible cardholder will be covered.

Your eligible purchases are protected against damage due to the following Eligible Events:

• Fire, smoke, lightning, explosion, riot, or vandalism.

• Windstorm, hail, rain, sleet, or snow.

• Aircraft, spacecraft, or other vehicles.

• Theft (except from autos or motorized vehicles).

• Accidental discharge of water or steam from household plumbing.

• Sudden accidental damage from electric current. (This benefit does not apply to electronic components.)

Coverage Limitation

Each claim is subject to the maximum of the amount debited from the card or five hundred dollars ($500.00), whichever is lower. The maximum benefits payable per calendar year is one thousand dollars ($1,000.00). Purchase Security is supplemental to, and excess of, any valid and collectible insurance and reimbursement from any other source.

What items are not covered?

  • Animals and living plants.
  • Antiques and collectible items.
  • Boats, aircraft, automobiles, and any other motorized vehicle and their motors, equipment, or accessories including trailers and other items that can be towed by or attached to any motorized vehicle.
  • Broken items, unless damage is the result of a covered occurrence.
  • Computer software.
  • Items damaged as a result of weather other than lightning, wind, hail, rain, sleet, or snow.
  • Items purchased for resale, professional, or commercial use.
  • Items stolen from automobiles and other vehicles, or common carriers.
  • Items that are lost or that mysteriously disappear. “Mysterious Disappearance” means the vanishing of an item in an unexplained manner where there is an absence of evidence of a wrongful act by a person or persons.
  • Items under the care and control of a common carrier (including U.S. Postal Service, airplanes, or delivery service).
  • Items including, but not limited to, jewelry and watches from baggage unless hand-carried and under your personal supervision, or under the supervision of your traveling companion who is previously known to you.
  • Theft or damage resulting from abuse, fraud, hostilities of any kind (including, but not limited to, war, invasion, rebellion, insurrection, or terrorist activities), confiscation by the authorities, risks of contra­band, illegal activities, normal wear and tear, flood, earthquake, radioactive contamination, or damage from inherent product defects.
  • Theft or damage resulting from misdelivery or voluntary parting with property.
  • Medical equipment.
  • Perishables, consumables including, but not limited to, perfumes and cosmetics, and limited-life items such as rechargeable batteries.
  • Real estate and items which are intended to become part of real estate including, but not limited to, items that are hard-wired or hard-plumbed, garage doors, garage door openers, and ceiling fans.
  • Rented or leased items, or items purchased on an installment plan and for which the entire purchase price was not paid in full at the time of the occurrence.
  • Traveler’s checks, cash, tickets, credit or debit cards, and any other negotiable instruments.
  • Used or pre-owned items.