Is it permissible to obtain a credit card (Visa/MasterCard) with the condition of mandatory insurance against theft or the theft of funds?

This insurance is forbidden and impermissible, as it is a type of prohibited gambling (maysir (definition)). It involves clear uncertainty (gharar (definition)) and ignorance, where the insurance company takes a sum of money in exchange for guaranteeing stolen items if the card is stolen; otherwise, it consumes the money. This is an unlawful consumption of people's wealth. Furthermore, most credit cards include forbidden usurious (ribawi) conditions.