Your Walmart Rewards™ World Mastercard® covers you with:

• Purchase Assurance Protection against theft, loss or damage on eligible purchases made on your card in the first 90 days from the date of purchase. 
• Extended Warranty Protection which doubles the manufacturer’s regular repair services warranty for up to an additional warranty year on eligible purchases made on your card.

You can enroll for the Balance Protection Plan when you apply for or when you call to activate your Walmart Rewards Mastercard as long as you meet the eligibility requirements. 

To be eligible for the optional Balance Protection Plan, at the time of enrolment:

• You must be the Primary Cardholder of a Walmart Rewards Mastercard
• You must be at least 18 years of age and under the age of 75
• Insurance coverage ends on the date your Walmart Rewards Mastercard account is no longer in Good Standing

The cost for Balance Protection Plan is $1.09 per $100 of your monthly statement balance on your monthly Walmart Rewards Mastercard account statement, plus any applicable taxes. If your balance is less than $10.00 on your Statement Date, there will be no premium charged that month. Note: Your Statement Date is the date that your statement is printed, not the due date for your payment.

Balance Protection Plan offers a comprehensive plan that can help ensure that your credit card balance doesn’t become a burden to you and your family with simple and affordable Loss of Life, Terminal Illness, Critical Illness, Disability, Job Loss and Hospitalization insurance coverage.

Loss of Life and Terminal Illness (Less than 12 months to live) - Pays the entire balance on the Walmart Rewards Mastercard account, up to a maximum of $20,000.

Critical Illness - Pays the entire balance on the Walmart Rewards Mastercard account, up to a maximum of $20,000. 

• Primary cardholder and spouse are at least 18 years of age and under the age 65. 
• Disability or Job Loss - Pays 10% of the account balance for up to 10 months or $20,000
• Hospitalization - Pays the lesser of $500 or 20% of statement balance.
• Must be hospitalized for more than 2 consecutive days as the result of Accidental Injury or sickness.

Please Note: For Quebec and Saskatchewan residents, coverage is only applicable to the primary cardholder as spousal coverage is not available in these provinces. See certificate for details.

Contact the insurer The Canada Life Assurance Company.

Call toll-free: 1-866-995-8705 Monday to Friday (8 a.m. to 6 p.m. Eastern Standard Time).

You may also write to The Canada Life Assurance Company Creditor Insurance, Claims Department Walmart Rewards Mastercard Balance Protection Plan, 330 University Avenue Toronto, ON M5G 1R8 or e-mail: creditor_info@canadalife.com, fax: (416) 552-6557