I've got a new credit card (my first, at 34!) and got a call from my bank yesterday to sell me... credit card insurance? As in, insurance to cover my credit card repayments if something happens to my income. It costs 0.79% of each month's balance.
It took us a few minutes before I could work out what they were trying to sell, as I knew the credit card comes with complimentary insurances and I'd rung the bank earlier to clarify how the travel insurance which came with it worked. Finally I pointed out that I'm not planning on running up more credit card debt than what I have in savings and can pay off every month, and that in fact my limit is much, much lower than what I have in savings. Which seemed to be the correct answer, because they wished me a good day and rang off.
Am I missing something?