No trip cancellation coverage. If you cancel a prepaid trip for a covered reason such as illness, the non-refundable cost is not reimbursed by this card. 🔴 Financial exposure: a $5,000 non-refundable trip is entirely at your expense.
What does the insurance on my BMO Air Miles Mastercard card actually cover?
BMO·CA$0/year·Mastercard·Allianz Global Risks US Insurance Company (Canadian Branch)
Pauline LauroreAuthor of HelloSafe's card insurance reviewsUpdated June 29, 20268 min read
0,2/5Independent review · verified June 2026
0,0
0,0
1,8
Our Verdict · Travel Insurance
Our take on travel insurance for the BMO Air Miles Mastercard
Expert review · Pauline LauroreAuthor of HelloSafe's card insurance reviews
The no-fee BMO Air Miles Mastercard includes no travel insurance whatsoever. There is no emergency medical, trip cancellation, trip interruption, trip or baggage delay, lost baggage, common carrier travel accident or hotel burglary coverage. Anyone travelling with this card must buy a standalone travel insurance policy.
Where travel breaks down
- No emergency medical coverage abroad
- No trip cancellation or interruption coverage
- No trip or baggage delay coverage
- No lost/stolen baggage coverage
- No common carrier travel accident coverage
Our methodology
Every score is derived from official bank documents: terms and conditions, benefit guides, and claim procedures. No commercial relationship influences our ratings.
Travel Insurance · 11 guarantees
What does BMO Air Miles Mastercard Travel Insurance actually cover?
What's not covered
- Trip cancellation is not a benefit of this card
The no-fee BMO Air Miles Mastercard includes no travel insurance — its only benefits are Purchase Security and Extended Warranty.
No emergency medical coverage abroad. You would need a separate travel health policy for any out-of-country medical care. 🔴 Financial exposure: a hospital stay or medical evacuation abroad can exceed $100,000 with no coverage from this card.
What's not covered
- Emergency medical care is not a benefit of this card
No emergency evacuation or repatriation benefit. Commercial medical evacuation and repatriation of remains are not covered. 🔴 Financial exposure: air evacuation from a remote destination can exceed $200,000.
What's not covered
- Evacuation and repatriation are not benefits of this card
No trip interruption coverage. If your trip is cut short, unused non-refundable prepaid expenses are not reimbursed. 🟠 Financial exposure: an early return due to illness can cost $3,000–$10,000.
What's not covered
- Trip interruption is not a benefit of this card
No trip delay reimbursement. Flight delays, extra hotel nights and meals are not covered. 🟡 Financial exposure: an overnight delay with hotel and meals can reach $400–$600.
What's not covered
- Trip delay is not a benefit of this card
No missed connection coverage. If a delayed inbound flight makes you miss a connection, rebooking costs are not covered. 🟡 Financial exposure: last-minute rebooking on a missed connection can cost $300–$800.
What's not covered
- Missed connection is not a benefit of this card
No early return benefit. The cost of returning home early because of an emergency is not covered. 🟠 Financial exposure: a last-minute one-way flight home can cost $1,000–$3,000.
What's not covered
- Early return is not a benefit of this card
No baggage delay coverage. Essential items bought when your checked bags are delayed are not reimbursed. 🟡 Financial exposure: replacing clothing and toiletries during a delay can cost $200–$500.
What's not covered
- Baggage delay is not a benefit of this card
No lost or stolen baggage coverage. Luggage and personal items lost, stolen or damaged in transit are not covered. 🟡 Financial exposure: replacing a lost suitcase and contents can exceed $1,500.
What's not covered
- Lost/stolen baggage is not a benefit of this card
No common carrier travel accident coverage. There is no accidental death or dismemberment benefit while travelling on a plane, train, bus or boat. 🟡 Financial exposure: this card pays no travel accident benefit.
What's not covered
- Travel accident coverage is not a benefit of this card
No hotel or motel burglary coverage. Personal belongings stolen from your room are not covered. 🟡 Financial exposure: theft of valuables from a room can cost $500–$2,000.
What's not covered
- Hotel/motel burglary is not a benefit of this card
Policy document 1
Policy document 2
We source benefits from official card guides, but PDFs are sometimes hard to obtain or update. Spotted something off?
Coverage Radar
Where the BMO Air Miles Mastercard wins, where it loses
Coverage snapshot for this tab — click any layer to highlight its scores.
Compare
Air Miles MastercardThis card0.2/5?
$0/yrWith travel insuranceIdeal
Complete coverage · 5.0 / 5Premium card avg.
$150 avg. annual feeClick a layer to highlight its scores on the radar.
Side-by-side comparison
How the BMO Air Miles Mastercard stacks up against the alternatives
Same 5 coverage dimensions, ranked head-to-head against the cards most Air Miles Mastercard shoppers also consider.
| Card | This card Air Miles Mastercard BMO · $0/yr 0.2/5? | Rewards World Elite Mastercard BMO · $150/yr 4.3/5? | World Elite Mastercard ATB Financial · $120/yr 4.1/5? | World Elite Mastercard National Bank · $150/yr 4.1/5? |
|---|---|---|---|---|
Trip cancellation Per person, per trip cap | Not covered Cover this gap → | $2,500 / person ($5,000 / account) $0 deductible | $1,000 / person (max $5,000 / trip) | $2,500 / person Up to $2,500 / person |
Emergency medical Hospital bills abroad | Not covered Cover this gap → | $2,000,000 (under 65, first 21 days) First 21 days only | $2,000,000 / person · ≤22 days · under 65 | $5,000,000 / person Up to $5,000,000 / trip |
Emergency evacuation Air ambulance + repatriation | Not covered Cover this gap → | Actual cost (pre-authorization required) Pre-authorization required | Included (within medical) | Actual cost Actual cost |
Trip delay trigger Hours before benefits kick in | Not covered Cover this gap → | $500 / account / trip (6h+ delay) Trigger: 6 hours | $500 / trip ($250/day, up to 2 days) | $500 / person Trigger: 4 hours |
Trip interruption Covered amount | Not covered Cover this gap → | $2,000 / person Up to $2,000 / person | $1,000 / person (max $5,000 / trip) | $5,000 / person Up to $5,000 / person |
StrongLimited / misleadingNot covered
Data verified against each card's Guide to Benefits, May 2026.
Emergency · Card assistance line
How to contact BMO Air Miles Mastercard assistance?
Allianz Global Assistance administers the card's Purchase Security and Extended Warranty benefits.
From Canada & the U.S.
1-877-704-0341
Toll-free · 24/7
From anywhere else in the world
+1-519-741-0782
Collect · 24/7
Benefit administrator: AZGA Service Canada Inc., operating as Allianz Global Assistance
Claims & pre-authorizations
How to make a claim
1
Call Allianz Global Assistance
Report the loss to Allianz Global Assistance as soon as possible: 1-877-704-0341 (toll-free in Canada and the U.S.) or +1-519-741-0782 (collect from anywhere else).
2
Gather your documentation
Keep your itemized sales receipt, the credit card statement showing the purchase, and — for Purchase Security — a police, fire or insurance report where applicable.
3
Get approval before repairing
For an Extended Warranty claim, do not repair or replace the item before the claim is approved, or it may be declined.
4
Submit your claim
Complete and return the claim form with supporting documents to Operations Centre c/o Allianz Global Assistance, Claims Department, P.O. Box 277, Waterloo, ON N2J 4A4, or file online at allianz-assistance.ca.
FAQ
What people ask about the BMO Air Miles Mastercard
- No. The no-fee BMO Air Miles Mastercard carries no travel insurance of any kind — there is no emergency medical, trip cancellation, trip interruption, trip or baggage delay, lost baggage or common carrier travel accident coverage. If you travel, you need to buy a separate travel insurance policy. (For travel coverage from a BMO Air Miles card, the BMO Air Miles World Elite Mastercard is the version that includes it.)
- No. There is no out-of-country emergency medical coverage on this card. A hospital stay or medical evacuation abroad can cost well over $100,000, so travellers should arrange standalone emergency medical travel insurance.
- No. This card does not provide a collision/loss damage waiver for rental cars. You would have to accept the rental agency's CDW (typically $20–$30 per day) or rely on a separate policy.
- Two purchase-related benefits only: Purchase Security (covers theft or accidental damage to most new items for 90 days from purchase) and Extended Warranty (doubles the manufacturer's warranty by up to one additional year). They share a combined lifetime maximum of $60,000 per cardholder.
- It automatically doubles the original manufacturer's warranty, up to a maximum of one extra year, on eligible items charged to the card. The manufacturer's warranty must be valid in Canada, and you must get approval from Allianz Global Assistance before any repair.
- No. Unlike some other cards, the no-fee BMO Air Miles Mastercard has no mobile device / cellphone protection. A phone bought with the card is only covered by the standard 90-day Purchase Security against theft or accidental damage, not by a dedicated device policy.
- Purchase Security and Extended Warranty are underwritten by Allianz Global Risks US Insurance Company (Canadian Branch) and administered by AZGA Service Canada Inc., operating as Allianz Global Assistance.
- Call Allianz Global Assistance at 1-877-704-0341 (toll-free in Canada and the U.S.) or +1-519-741-0782 (collect from elsewhere), keep your receipts and the credit card statement, get approval before any repair, and submit the claim form to the Operations Centre c/o Allianz Global Assistance in Waterloo, ON, or file online at allianz-assistance.ca.
Not just BMO
Other cards worth considering
Air Miles Mastercard is a strong choice — but depending on what you prioritize, one of these may suit you better.
Rewards World Elite Mastercard
BMO
World Elite Mastercard
ATB Financial
World Elite Mastercard
National Bank
WestJet World Elite Mastercard
RBC
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