Does the Capital One Guaranteed Mastercard include emergency travel medical insurance?

No. This card has no emergency medical or hospital coverage abroad. If you travel outside your province or country, you should buy a standalone travel medical policy — a medical emergency on a trip would not be covered by the card.

What travel coverage does the card actually include?

Two things only: Common Carrier Travel Accident insurance (accidental death & dismemberment up to $250,000 when the fare is charged to the card) and Baggage Delay (up to $300, at $100/day for 3 days, if a common carrier delays your checked bags more than 4 hours).

Is there trip cancellation or trip interruption coverage?

No. The card does not reimburse pre-paid, non-refundable travel costs if you cancel, and it does not cover extra costs if a trip is interrupted. It also has no flight/trip delay coverage and no lost or stolen baggage indemnity (only baggage delay).

Does it cover rental cars?

Yes. The Collision/Loss Damage Waiver covers damage to or theft of an eligible rental vehicle (MSRP up to $65,000) for rentals of 31 days or less. You must charge the full rental to the card and decline the rental agency's own CDW/LDW.

Is the rental car coverage primary?

Yes for the vehicle itself — because you decline the agency's waiver, the card's coverage applies to the rental vehicle's damage or theft without going through your personal auto insurer first. It does not include any third-party liability (injury or damage to others), which you must arrange separately.

What shopping protections come with the card?

Purchase Assurance (loss, theft or damage for 120 days from purchase), Extended Warranty (doubles the manufacturer's warranty up to 2 extra years) — together capped at a $60,000 lifetime maximum per account — and a Price Protection Service (up to $100/item, $500/year, within 60 days). There is no mobile device, return, or identity theft protection.

Who underwrites the insurance and how do I make a claim?

Coverage is underwritten by American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida (Assurant), under group policies COB112002 / COBL072014, with Capital One Bank (Canada Branch) as policyholder. To claim, call the administrator at 1-888-324-2363 (Canada/U.S.) or +1-416-205-4357 collect from elsewhere. Report rental and purchase claims within 48 hours.

Does the secured vs. unsecured version change the insurance?

No. The Guaranteed Mastercard is offered as a secured card ($59 annual fee, refundable security deposit) or unsecured ($0 annual fee). Both share the same certificate of insurance and the same benefits described here.

What does the insurance on your Capital One Guaranteed Mastercard actually cover?

Capital One·CA$59/year·Mastercard·American Bankers Insurance Company of Florida & American Bankers Life Assurance Company of Florida (Assurant)

Pauline LauroreAuthor of HelloSafe's card insurance reviewsUpdated June 25, 20268 min read

1,9/5Independent review · verified June 2026

Travel Insurance

1,0

Car Rental

3,6

Protection

3,0

Our Verdict · Travel Insurance

Our take on travel insurance for the Capital One Guaranteed Mastercard

Expert review · Pauline LauroreAuthor of HelloSafe's card insurance reviews

Travel protection on the Guaranteed Mastercard is minimal. You get common-carrier travel accident (AD&D) cover up to $250,000 and a small baggage-delay benefit ($100/day for up to 3 days), but there is no emergency medical, no trip cancellation or interruption, no flight delay and no lost-baggage coverage. Treat this as a credit-building card, not a travel card — buy standalone travel medical insurance before any trip abroad.

What works on travel

Common-carrier travel accident (AD&D) up to $250,000, covering spouse and dependent children
Baggage delay reimburses emergency essentials ($100/day, up to $300)
Benefits are automatic when the fare is charged to the card

Where travel breaks down

No emergency medical or hospital coverage abroad
No trip cancellation or interruption coverage
No flight/trip delay and no lost or stolen baggage indemnity

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 Capital One Guaranteed Mastercard Travel Insurance actually cover?

This is accident-only cover — it pays out only for death or serious dismemberment in a common-carrier accident. It is not travel medical insurance.

Common Carrier Travel Accident insurance pays an accidental death & dismemberment benefit if you, your spouse or your dependent children are injured while riding as a passenger on a common carrier (plane, train, bus or boat) when the full fare was charged to the card.

What's covered

Cardholder, spouse and dependent children automatically insured
Applies when the entire ticket cost is charged to the card or paid with Capital One reward miles
Up to $250,000 for loss of life or two or more members; half for one member or one eye; quarter for thumb + index finger

What's not covered

Emotional trauma, illness, pregnancy or bodily malfunctions
Suicide or self-inflicted injuries
War (terrorism aside) and acts while serving as pilot or crew
Loss not occurring within one year of the accident

This covers baggage delay only — there is no separate lost or stolen baggage indemnity on this card.

Baggage Delay insurance reimburses the emergency purchase of essential items if a common carrier delays your checked baggage more than 4 hours from the time you arrive at your destination.

What's covered

Checked baggage delayed more than 4 hours by a common carrier
Fare charged to the card
$100 per day per insured person, up to 3 days ($300 maximum)

What's not covered

Lost or stolen baggage (only delay is covered)
Contact lenses, eyeglasses, hearing aids and prosthetics
Tickets, documents, money and securities
Business samples

This card does not include trip cancellation insurance; pre-paid, non-refundable travel costs are not reimbursed if you have to cancel.

This card includes no emergency medical or hospital coverage abroad — medical bills incurred while travelling outside your province are not covered. Buy standalone travel medical insurance before any trip.

There is no medical repatriation or evacuation coverage on this card. The card's Travel Assistance line offers referrals and arrangements only, not paid medical transport.

This card does not include trip interruption insurance; extra costs to return home or resume a trip after an emergency are not covered.

This card does not include flight or trip delay insurance; only delayed checked baggage is covered, not delayed departures or connections.

This card does not include missed connection coverage.

This card does not include early return coverage.

There is no lost or stolen baggage indemnity on this card — only baggage delay (essential-item reimbursement) is covered.

This card does not include hotel burglary or in-room theft coverage.

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?

Report an error Send updated PDF

Coverage Radar

Where the Capital One Guaranteed Mastercard wins, where it loses

Coverage snapshot for this tab — click any layer to highlight its scores.

Compare

Guaranteed MastercardThis card1.9/5?

$59/yr

With travel insuranceIdeal

Complete coverage · 5.0 / 5

Premium card avg.

$150 avg. annual fee

Click a layer to highlight its scores on the radar.

Side-by-side comparison

How the Capital One Guaranteed Mastercard stacks up against the alternatives

Same 5 coverage dimensions, ranked head-to-head against the cards most Guaranteed Mastercard shoppers also consider.

Card	This card Guaranteed Mastercard Capital One · $59/yr 1.9/5?	Rewards World Elite Mastercard BMO · $150/yr 4.3/5?	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	$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	$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	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 / person Trigger: 4 hours
Trip interruption Covered amount	Not covered Cover this gap →	$2,000 / person Up to $2,000 / person	$5,000 / person Up to $5,000 / person

StrongLimited / misleadingNot covered

Data verified against each card's Guide to Benefits, May 2026.

From Canada & the U.S. (toll-free)

1-888-324-2363

Toll-free · 24/7

From elsewhere in the world (collect)

+1-416-205-4357

Collect call · 24/7

Benefit administrator: Assurant (American Bankers Insurance Company of Florida)

Claims & pre-authorizations

How to make a claim

Report the loss quickly

For travel accident, baggage delay, purchase assurance, extended warranty or price protection, call the administrator at 1-888-324-2363 (Canada/U.S.) or +1-416-205-4357 collect from elsewhere. Rental and purchase claims must be reported within 48 hours of the loss.

Gather your documents

Keep itemized sales receipts and the account statement showing the charge. For rental claims, add the rental agreement, the loss/damage report and a police report (for theft or damage over $1,000).

Complete the claim form

A representative records preliminary details and sends you a claim form. Return the completed, signed form with full proof of loss within the time allowed (within 90 days for purchase claims; within one year overall).

Get reimbursed

Once Assurant validates the claim, eligible items are repaired, replaced or reimbursed; travel accident benefits are paid to you or your designated beneficiary.

No. This card has no emergency medical or hospital coverage abroad. If you travel outside your province or country, you should buy a standalone travel medical policy — a medical emergency on a trip would not be covered by the card.
Two things only: Common Carrier Travel Accident insurance (accidental death & dismemberment up to $250,000 when the fare is charged to the card) and Baggage Delay (up to $300, at $100/day for 3 days, if a common carrier delays your checked bags more than 4 hours).
No. The card does not reimburse pre-paid, non-refundable travel costs if you cancel, and it does not cover extra costs if a trip is interrupted. It also has no flight/trip delay coverage and no lost or stolen baggage indemnity (only baggage delay).
Yes. The Collision/Loss Damage Waiver covers damage to or theft of an eligible rental vehicle (MSRP up to $65,000) for rentals of 31 days or less. You must charge the full rental to the card and decline the rental agency's own CDW/LDW.
Yes for the vehicle itself — because you decline the agency's waiver, the card's coverage applies to the rental vehicle's damage or theft without going through your personal auto insurer first. It does not include any third-party liability (injury or damage to others), which you must arrange separately.
Purchase Assurance (loss, theft or damage for 120 days from purchase), Extended Warranty (doubles the manufacturer's warranty up to 2 extra years) — together capped at a $60,000 lifetime maximum per account — and a Price Protection Service (up to $100/item, $500/year, within 60 days). There is no mobile device, return, or identity theft protection.
Coverage is underwritten by American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida (Assurant), under group policies COB112002 / COBL072014, with Capital One Bank (Canada Branch) as policyholder. To claim, call the administrator at 1-888-324-2363 (Canada/U.S.) or +1-416-205-4357 collect from elsewhere. Report rental and purchase claims within 48 hours.
No. The Guaranteed Mastercard is offered as a secured card ($59 annual fee, refundable security deposit) or unsecured ($0 annual fee). Both share the same certificate of insurance and the same benefits described here.