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The 6 Best Credit Cards Of 2024 (In Canada)This product summary provides an overview of the insurance benefits included with your BMO Ascend World Elite Mastercard. For a Rental Car to be eligible for coverage, this insurance must be a feature of the Mastercard prior to entering into. Page 6. 8. 9 the Rental Car Agreement. This benefit covers your rental against theft and collisions. This coverage is active for the first 31 days of your rental. Damage to other driver's car.