Business, Travel, and Purchase Insurance

This travel card has excellent insurance, with comprehensive benefits to provide you with protection on purchases and while travelling. Please consult your Certificates of Insurance for further details.

Employee Card Misuse Protection

In short, Coverage up to $100,000 for misused employee cards.

Your Card may be covered for eligible unauthorized charges if you terminate the Supplementary Cardmember and cancel their Card within 2 business days. Employee Card Misuse Protection is a benefit created specifically for business owners and it provides coverage of up to $100,000 per Cardmember in case employees misuse their employee Card for unauthorized charges.

Emergency Medical Insurance (Out of province/country)

In short, Coverage up to $5 Million while under 65 years of age.

Provides coverage for eligible emergency medical expenses incurred while travelling outside your Canadian province or territory of residence, for the first 15 consecutive days of each trip, up to a maximum of $5,000,000 per insured person, for all insured persons under the age of 65.

Trip Cancellation Insurance

In short, Coverage up to $1,500 per person, or $3,000 for everyone.

When you fully charge your travel arrangements to your Business Platinum Card this coverage provides for the reimbursement of the non-refundable pre-paid travel arrangements, up to $1,500 per insured person to a maximum coverage up to $3,000 for all insured persons combined, when you cancel a trip for a covered reason.

Trip Interruption Insurance

In short, Coverage up to $1,500 per person, or $6,000 for everyone.

When you fully charge your travel arrangements to your Business Platinum Card this coverage provides for the non-refundable unused portion of your prepaid travel arrangements as well as transportation up to $1,500 per trip per insured person up to a maximum of $6,000 for all insured persons combined should your trip be interrupted or delayed for a covered reason.

Travel Emergency Assistance

In short, No monetary coverage from this specific benefit, but rather simply access to a provider for emergency referrals or assistance while travelling.

AXA provides out-of-town emergency medical referrals and organizes medical visits at clinics, ERs or hospitals, according to the client’s condition. If necessary, AXA can also organize repatriation by commercial flight or evacuation by air ambulance. Legal referrals, and important travel-specific information (such as visa requirements or customs and inoculation regulations) as well as travel assistance services (pre-trip information, lost baggage assistance) are also available by telephone, 24 hours-a-day, 7 days-a-week. From anywhere in Canada/U.S. call 1-800-678-5523. Outside Canada/U.S. please call collect (514)-285-8165. Services are not insured: expenses are payable by the client.

$500,000 Travel Accident Insurance

In short, Coverage up to $500,000 for all covered persons.

Up to $500,000 of Accidental Death and Dismemberment insurance covers you, your spouse and dependent children under the age of 23 when any of you travel on a common carrier (plane, train, bus or ship) and charge your tickets to your Business Platinum Card. Supplementary Card members, their spouses and dependent children under age 23 are also covered.

Car Rental Theft and Damage Insurance

In short, Decline the car rental agency’s Loss Damage Waiver or similar option and be covered for damage or theft for vehicles with MSRP under $85,000

Save money when travelling with the Car Rental Theft and Damage Insurance included on your Business Platinum Card. Where allowed by law, you will be automatically covered for damage or theft of your rental car with an MSRP of up to $85,000. To take advantage of this protection, simply decline the Loss Damage Waiver (LDW) or similar option offered by the car rental company, and fully charge your rental to your Business Platinum Card. There’s no additional charge for this coverage, and you save yourself the daily insurance fee (usually $16 to $23 per day) charged by the car rental company.

Lost or Stolen Baggage Insurance

In short, Coverage up to $1,000 for everyone.

When you fully charge your airline tickets to your Business Platinum Card, you are covered for loss or damage to your checked-in or carry-on baggage and personal effects while in transit for up to a maximum of $1,000 per trip for all insured person(s) combined.

Baggage Delay Insurance

In short, Coverage up to $1,000 (combined maximum with Flight Delay).

Book a flight with your Business Platinum Card, and receive up to $1,000 coverage (aggregate maximum with Flight Delay Insurance) for all immediate daily reasonable and necessary emergency purchases, made within four days, for essential clothing and sundry items when your baggage on your outbound trip is delayed by six or more hours.

Flight Delay Insurance

In short, Coverage up to $1,000 (combined maximum with Baggage Delay).

Charge your airline ticket to your Business Platinum Card, and receive up to $1,000 coverage (aggregate maximum with Baggage Delay Insurance) for all necessary and reasonable hotel, motel, restaurant expenses and sundry items purchased within 48 hours when you are delayed or denied boarding for four hours or more and no alternate transportation is made available.

Hotel Burglary Insurance

In short, Coverage up to $1,000.

Automatic coverage of up to $1,000 against the loss of most personal items (excluding cash) if your hotel room is burglarized. Coverage is in effect as long as you have fully booked and paid for your accommodations with your Business Platinum Card.

All insurance coverage is subject to limitations, exclusions and restrictions. Please ensure you understand what is covered and what is not covered, and contact the applicable Insurance provider with any questions.