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Card protection insurance

Just wondered if anyone has had occasion to use one of these schemes, and what they thought of them. I mean the policies where you register your card details, passport, driving license, etc., in case of loss or theft.
I've had one for ages, never had to use it, and it seems to get more expensive every year. I just wondered if there was an alternative, or if they are a waste of money, etc.
Had a look through the forums, by the way, before someone gets sarky, and couldn't find anything.
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