AIB cancels free Travel Insurance on Credit Cards

Starbuck

Registered User
Messages
171
I just noticed I have an email from AIB, issued on May 22nd, entitled "Changes to your AIB Credit Card".
The text reads as follows:
What is not clear from this email is if they are going to continue the Travel Insurance as a 'paid for' extra, or if it will simply be cancelled.
Since they don't ask if you want the Insurance, I think it would be very sneaky of them to simply apply a charge now for it - without even telling you how much it will be! There seems to be no 'opt out' offered except to cancel the card.
Anyone know what they're up to?
 
I just noticed I have that same email. At first glance I assumed the providers themselves were going to offer it to us an an option cost but as you point out it's not very clear. Why mention cancelling of the card if they were not going to actually add a cost.