What is Cibc Aeroplan Visa Rental Car Insurance?

The CIBC Aeroplan Visa Infinite Card is designed to provide Canadian travelers with a variety of benefits and perks that can help make their trips more convenient, comfortable and rewarding. One of the benefits available to cardholders of the CIBC Aeroplan Visa Infinite Card is rental car insurance. This insurance is designed to provide coverage for rental cars when the cardholder is renting a car for business or pleasure.

Rental car insurance is not a substitute for an individual’s personal auto insurance policy. It is designed to provide additional coverage that may not be included in a personal auto policy or may not be as comprehensive as an individual’s personal policy. Cardholders should contact their personal insurance provider before relying solely on rental car insurance from their credit card.

What Coverage Does Cibc Aeroplan Visa Rental Car Insurance Provide?

The rental car insurance provided by the CIBC Aeroplan Visa Infinite Card covers the rental vehicle for physical damage, theft and collision. This coverage is subject to a $50,000 maximum limit and a $500 deductible. The coverage also includes up to $2 million in liability coverage for damages to other people’s property.

The rental car insurance provided by the CIBC Aeroplan Visa Infinite Card is primary coverage, meaning that it is the first coverage that would be applied in the event of a claim. This is important because a cardholder’s personal auto insurance policy might not provide primary coverage for rental cars. Primary coverage is generally the most comprehensive and beneficial type of coverage to have.

Who Is Eligible for Cibc Aeroplan Visa Rental Car Insurance?

The rental car insurance provided by the CIBC Aeroplan Visa Infinite Card is available to the primary cardholder, any additional cardholders, and their spouses or common-law partners. All individuals must be at least 25 years of age to be eligible. The rental car must be rented in the name of the cardholder or their spouse or common-law partner.

The rental car must be a vehicle with four or fewer wheels and it must be rented for a period of up to 48 days. The rental car must also be used within Canada, the United States, or certain international locations. Cardholders should contact the CIBC Aeroplan Visa Infinite Card customer service team for a full list of eligible countries.

Conclusion

The CIBC Aeroplan Visa Infinite Card provides cardholders with a variety of benefits, including rental car insurance. This insurance is designed to provide additional coverage for rental cars that may not be included in a cardholder’s personal auto insurance policy. The coverage is subject to a $50,000 maximum limit and a $500 deductible, and it includes up to $2 million in liability coverage. The rental car insurance is available to the primary cardholder, additional cardholders, and their spouses or common-law partners. All individuals must be at least 25 years of age and the rental car must be rented in their name.