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Rental Car Insurance: What your credit card does and doesn't coverthe following insurance benefits. Note: You do not need to charge your trip expenses to your credit card to be eligible for the Out-of-. Province/Country. Car rental � collision/loss damage insurance. Introduction. Car Rental � Collision/Loss Damage Insurance provides coverage for damage or theft of a rental. This product summary provides an overview of the insurance benefits included with your BMO Ascend World Elite Mastercard.
