Mobile device insurance up to $1,500

New phones and tablets you buy with your card or Avion points are covered for 2 years from purchase against loss, theft, accidental damage and mechanical failure.

Conditions: Up to $1,500 per claim, based on the depreciated value, which drops 2% for each month since purchase, minus a 10% deductible. Limited to 1 claim in any 12 months and 2 claims in any 48 months. Get the insurer's approval before any repair or replacement. For loss or theft, suspend your wireless service within 48 hours; report a theft to police the same day. Pays after any other insurance you have.