 TITLE: How Will Credit Card Protections and Insurance Change in 2021? CONTENT: Credit Card Purchase Protection Trends in 2021\n----------------------------------------------\nMost credit cards include zero liability for unauthorized purchase, and many offer additional protections on products you purchase or pay for with your credit card:\n*   **Return protection**: Allows you to return a product and get a refund when the original retailer doesn't accept the return.\n*   **Purchase protection (or purchase security)**: Get reimbursed for products that are damaged, lost or stolen.\n*   **Extended warranties**: Extends the manufacturer's warranty on a product.\n*   **Price protection**: Can cover the difference between your purchase price and a lower advertised price after you make a purchase.\n*   **Cellphone protection**: Reimburses you if your phone is stolen or damaged.\nAll the card benefits have requirements and limits. For example, return and purchase protections usually only last a few months from the purchase date, and there may be per-claim and annual limits. Or, the extended warranty benefit may only apply to purchases when the original manufacturer's warranty was for one or two years.\n\"The benefits that we see the greatest traction on on the retail side are cellphone insurance, purchase security and double warranty,\" Alter says. \"And, to a lesser extent, return protection.\" END