American Express will change the underwriter for ‘Warranty Plus’ and ‘Homeware Protection’ from August 1.
The current underwriter is Tokio Marine & Nichido Fire Insurance, but it will change to Chubb Insurance from the same date. The cards affected are the Platinum Card and ANA American Express Premium Card.
As a result, the coverage conditions for ‘Homeware Protection’ will be altered. Currently, coverage applies regardless of whether the purchase was made using an eligible card. However, from August 1, compensation for products purchased and accidents occurring on or after this date will only be covered if the product was purchased with an eligible card.
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