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?? BMO Air Miles World Elite Mastercard Review: Pros and Cons UnveiledI was on the phone with Allianz (BMO Ascend World Elite travel insurance provider), who mentioned that travel delays due to strikes are covered. High coverage amount for travel medical insurance ($5 million). � Annual fee is rebated if you have a BMO Premium Chequing Account. � Mastercard. Out-of-province and out-of-country emergency medical insurance coverage will increase from $2 million to $5 million per insured person, per trip.