October 27, 2006 9:49 AM
American Express Launches Event Ticket Protection Plan
Interesting creation from American Express. It is unlikely one will use it, but it is always good to have the piece of mind.
American Express has introduced a new benefit to reimburse cardholders for the cost of tickets purchased due to a covered incident. The “Event Ticket Protection Plan” will reimburse cardholders if they cannot attend an event due to medical emergency, cancellation of the event, transportation accident or jury duty, subpoena, death or call to active military duty. The free benefit is available to consumer and business “Gold,” “Platinum” and “Centurion” cardholders. “Gold,” “OPEN Gold” and “Executive Business” cardholders are covered up to the maximum limit of $1,000 per eligible occurrence. “Platinum” and “OPEN Platinum” cardholders are covered up to the maximum limit of $2,000 per eligible occurrence. “Centurion” and “OPEN Centurion” cardholders are covered up to the maximum limit of $5,000 per eligible occurrence.
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