Accidents are bound to happen. A safety plan is necessary whether you are travelling, starting up a new business, or buying a house, or even a new car. Having a safe way out without huge loses is essential for a person's stability. For that, Insurance is recommended.

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The importance of Insurance is broad. Insurance is essential in businesses because any mishap wipes out a business’s assets. Insurance provides safety just in case a company goes through any liability. In conclusion, Insurance enhances financial security and alleviates the fear of sudden loss or misfortune. 

 There are many ways to avail Insurance; a very popular way is to avail Insurance through credit cards. Credit cards have significant policies for Insurance if you choose wisely. There are plenty of cards that provide a great deal of travelling, business, and life insurance policies. Insurance can save a lot of money if anything goes wrong.

 Some of the best credit cards worldwide offer you Insurance over the enormous losses, which are beneficial when you’re running a business or travelling somewhere accidents are bound to happen. Misfortunes have no specific timing; hence a safe backup is necessary which can be achieved through a credit card. Here are a few cards that offer the best insurance policies.

Chase Sapphire Reserve: 

No Foreign Transaction

Chase Sapphire Reserve is the overall best credit card in the world for the services and benefits it provides. In case of any loss or damage to property, adequate Protection is provided in all areas be it trip delay reimbursement, luggage delayed or lost, Trip Cancellation/Trip Interruption, emergency medical and dental benefit, and purchase protection, roadside assistance, emergency evacuation and transportation. The card also covers any damage caused to a rental car or a theft you have been a victim too. The annual fee is $550.

Chase Sapphire Preferred Card:

This card is relatively weaker across the board than chase sapphire reserve, yet it still has a lot to offer. It is good enough in most situations of stolen personal property or damage or any accident that has caused a considerable loss to an individual.

Other than that, the card is great if you love travelling, as there are many benefits. You can earn up to 80 000 points over the purchases of $4,000 in the first three months. The annual fee is $95.

Chase Ink Business Preferred Credit Card:

Good enough for most unfortunate situations as the card travel and purchase coverage is taken care of with Chase Ink Business Preferred Credit Card. The customer care services are active for 24 hours to make contact even at odd hours.

If you are using the card for businesses purposes, the card covers Fraud Protection, and Purchase Protection. You have a chance to earn 100,000 points after you have spent $150,000 on purchases in the first three months. The annual fee is $95. 

The Platinum Card from American Express: 

This card has a lot to offer in several travel situations because its main forte is Trip Cancellation and Interruption Insurance but not good enough compared to chase cards. You can earn 60,000 points over the purchases of $150,000 with terms and conditions applied. The annual fee is $550.

In conclusion, credit cards are a great way to earn points and then get great benefits, along with the advantage of Insurance. One should make a wise choice to make life simpler in business or even in day to day life. 

An enthusiastic, self-motivated & detail-oriented professional Writer and Software Engineer.