Credit card insurance is usually unnecessary since your liability on credit card losses is limited by law to
A)$ 0.
B)$50.
C)$100.
D)$500.

Question

Quizplus · Accepted Answer

Credit card liability in case of fraudulent activity or unauthorized charges is limited by law to a maximum of $50. Some credit card companies even waive that amount and offer zero liability, making credit card insurance unnecessary. It is always recommended to check with your credit card issuer about their specific policies.

Credit Card Insurance Is Usually Unnecessary Since Your Liability on Credit