Up to $1,000 mobile device insurance for phones and tablets

Your phone or tablet is covered for up to $1,000 if it's lost, stolen, accidentally damaged or breaks down, for up to 2 years from the date you bought it.

Conditions: Pay all of your monthly wireless bills and any upfront costs with the card, or pay at least 75% of the device price with the card if you buy it outright. Cover starts 30 days after purchase, or when the first wireless bill is charged to the card if that's later. Payouts are based on the device's depreciated value, which drops 2% for each full month you've owned it, less a deductible of $25 to $100 depending on the device price. Limited to one claim every 12 months and two claims every 48 months. Accessories aren't covered. Underwritten by American Bankers Insurance Company of Florida, which operates in Canada as Assurant.