Did you know you already have 10 LAKHS worth of free insurance with your debit or credit card?

Here's all you need to know about how to claim it.

A thread👇(1/n)

Guess what?

ATM, Credit, and Debit cards aren’t just for shopping and banking.

What most people don’t know is they have other less-known benefits too. Like complimentary insurance!
Almost every bank provides Personal Accidental insurance to customers with an operational bank account.

👉Depending on the type of card, this cover ranges from ₹50000 to ₹10 lakh.
If an unfortunate accident does occur that leads to death or permanent disability, the beneficiary can approach the bank with the relevant medical reports and documents, and a lump sum payout can be claimed within 90 days.
💡The only catch here is that in most cases, the card should have been in active use & the claim should be made in a given time span.

Some cards might require you to have made at least 1 transaction during the last 90 days before the accident.
Now, if someone's thinking 'the more, the merrier,' and doing the math for what their 4 credit cards and 3 debit cards will fetch them, sorry to burst the bubble.

The free insurance is strictly for one card. But hey, that still counts for something.
But keep in mind that this covers only a few use-cases. If you want a comprehensive health or life policy, just drop us a WhatsApp text, and you'll have the best insurance advice at your fingertips- https://t.co/j8Wbzfy1n8 (n/n)

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Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇

It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details):
https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha

I've read it so you needn't!

Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.

The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.

Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.