Credit Insurance

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Who will pay your credit card balance in the event of an emergency? With credit insurance on your Cash on Demand, NowLine or Visa Credit Card offered through Wells Fargo Bank, N.A. you can rest assured knowing your minimum monthly payments on your Wells Fargo Financial account will continue to be made in the event of an involuntary job loss or covered illness or injury that prevents you from working. In the event of your death, your outstanding account balance at date of death will be paid up to the maximum amount of insurance.

  • Easy to get coverage – No health exam required.
  • Cancel at any time – Notify us in writing and we will cancel your policy at any time.
  • Reasonable coverage cost – The cost is calculated based on your account balance.
    (Zero balance = Zero cost)
  • Convenient payments – The cost of coverage will be included in your monthly statement, so there is no separate bill to pay.

Product availability and product coverage varies by state:

  • Wells Fargo Payment Advantage
  • Chargegard

Wells Fargo Payment Advantage SM is a marketing name used by Centurion Life Insurance Company and Centurion Casualty Company.

The underwriting insurance companies vary by state and include: Centurion Life Insurance Company and Centurion Casualty Company, 800 Walnut St., Des Moines, IA 50309, with American Bankers Life Assurance Company of Florida or American Bankers Insurance Company of Florida, 11222 Quail Roost Drive, Miami, FL 33157-6596 or Union Security Life Insurance Company of New York, Syracuse, NY. Centurion Life Insurance Company and  Centurion Casualty Company are wholly-owned subsidiaries of Wells Fargo Financial, Inc. and affiliated with Wells Fargo Bank, N.A.

The creditor is not acting as a broker to you but as an agent for the insurance company. The creditor and/or its affiliates, including insurance company affiliates expect to earn profits from the sale of credit insurance products.

Eligibility, restrictions and exclusions vary by coverage and state. If you have other insurance that covers the same risks as described, you may not need or want to purchase this insurance. This credit insurance is optional. You are not required to purchase the insurance to obtain credit. Program not available in KY, MN and NH. Please check with your local branch for restrictions, including maximum amount of insurance and term limitations.

This insurance product is not a deposit, nor is it insured or guaranteed by the FDIC, Wells Fargo Bank, N.A., or any Federal Government Agency. We may not condition your extension of credit on either: your purchase of an insurance product from us or our affiliates, your agreement not to obtain insurance from an unaffiliated entity, or a prohibition on your obtaining insurance from an unaffiliated entity.