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- BMO World Elite MasterCard Devaluation - Analysis \u0026 Insights - Non-Affiliated \u0026 Unbiased -Single Trip Medical Plan coverage1 includes: � up to $5 million for medical emergencies while travelling out-of-province or country � 24/7 trip assistance � Or. Trip Cancellation Insurance provides: Up to $1, per covered person (maximum $5, per account per trip) when you cancel your trip for a covered reason. your BMO CashBack World Elite Mastercard account is cancelled, closed, or your privileges have expired, been revoked, suspended or terminated; or. 2. the.