On my Visa card for a long time I had an insurance thing that cost me a lot (Basically doubling the interest charges) so that if I lose my job, get sick or something terrible like this, they would make payments for me or something. After many years of this, I came to the conclusion that it was a waste of money and cancelled it. I recently got a MasterCard (Yeah I know, having 2 credit cards is a bad idea, but sometimes you just have to, Argh!) and they talked me into signing up to a similar deal. But I cancelled right away knowing that it was a waste of money. I'd like to know, anyone here use one of those on their credit card? Is it at all useful or does that just make paying off the debt harder with no real benefit? If I lose my job, I'd just make the minimum payment instead of making bigger payments than asked for to hopefully reduce the balance quicker than I can buy things so I would not be too worried. But I just want to know what others have experienced so far.