Mobile device insurance up to $1,000 for 2 years

Phones and tablets you buy with your card are covered against accidental breakage, loss and theft for up to 2 years from purchase. Devices financed through a plan whose monthly payments are charged to the card are covered too, as are devices you buy as gifts.

Conditions: The full price must be charged to your National Bank World Elite Mastercard, or financed by a plan whose monthly payments are all charged to the card. A device with cellular service must be activated with a provider. Cover starts 60 days after purchase, or once the second monthly plan payment is charged to the card if that is later. It ends 2 years after purchase, or sooner if a plan payment is not charged to the card. You get the lowest of the replacement cost, the repair cost or the depreciated value, which drops by 3% of the price for each month since purchase. A deductible of $25 to $100 applies depending on the device's value, and the payout is capped at $1,000. Limited to 1 claim a year and 2 claims every 4 years.