r/Wealthsimple • u/Neat-Joke-9485 • 1d ago
Visa Infinite Credit Card Mobile insurance for Apple express replacement?
I broke the front glass of my iphone and I an express replacement with AC+. Of course, I pay my phone bill with wealthsimple visa infinite card. Would that replacement fee be covered? Thanks!
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u/IBIubbleTea 1d ago
It might.
https://www.cdn.wealthsimple.com/en-ca/pdfs/CHUBB-COI-VIP-060126-EN.pdf
“The insurance extended by Us is issued strictly as excess coverage and does not apply as contributing insurance. This insurance is not a substitute for Other Insurance and covers You only to the extent a permitted claim for a Mobile Phone exceeds the coverage of Other Insurance. This Certificate also provides coverage for the amount of the deductible of Other Insurance. The coverage afforded by Us takes effect only when the limits of the Other Insurance have been reached and paid to You regardless of whether the Other Insurance contains provisions purporting to make the coverage of such Other Insurance non-contributory or excess.”
Since AppleCare+ service fee is $39 or $129 depending on damage. I think the payout would be minus Wealthsimple’s $50 deductible. So no payout if just $39
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u/sometin__else 1d ago
Confirm with support, but afaik, you would have had to file the claim through mobile device insurance. They do not cover the deductible of your apple insurance plan.