Get Card balance protection even in unstable times.

Coverage Details

AMEX® Account Protector Ultimate is an optional insurance that can protect your balance for up to $20,000 if you experience a loss like unemployment, illness or death. You can also receive two Monthly Payment* benefits toward your balance to mark special events!

For some events, your credit card balance can be paid, up to a maximum of $20,000.
Coverage
Description of Coverage
For some events, your credit card balance can be paid, up to a maximum of $20,000.
Loss of Life
If you or your Spouse lose your life.
Accidental Death
If you or your Spouse suffer accidental death at age 80 or over.
Dismemberment
If you or your Spouse experience loss of sight in both eyes, or a hand or foot by complete severance.
Critical Illness
If you or your Spouse have a heart attack, stroke, cancer and coronary artery disease (refers only to bypass surgery).
Disability Requiring Hospitalization
If you’re hospitalized due to accidental bodily injury or sickness beyond a 24 hour period.
Loss of Self-Employment Income
If you become unemployed because of closure of your business for financial reasons. Must be self-employed at least 25 hours a week for at least 36 consecutive months.
Monthly Payment* benefits can be paid towards your balance
Coverage
Description of Coverage
Monthly Payment* benefits can be paid towards your balance
Total Disability
If you or your Spouse are unable to perform the regular duties of your occupation due to accidental bodily injury or sickness. Benefits can be paid following 30 days of disability. After 90 consecutive days of Total Disability, the remaining insured balance on your credit card can be paid in full to a maximum of $20,000.

Positive Life Events:
Upon purchase of a home, marriage, child’s marriage, birth/ adoption of a child, child entering college or university for the first time, and retirement. Two Monthly Payments* can be paid towards your balance.
Involuntary Unemployment
If you become involuntarily unemployed while working at least 25 hours a week with one employer. Benefits can be paid following 30 days of unemployment. After 90 consecutive days of unemployment, the remaining insured balance on your credit card can be paid in full to a maximum of $20,000.
*Please refer to the Certificate of Insurance for more details on Monthly Payments, full benefits, limitations and exclusions.

What Does It Cost?

You’ll pay $0.99 per $100 of your current month’s outstanding balance** plus applicable taxes.

Here's how it works:
Monthly Premium =
Current month’s outstanding balance x $0.99 / $100 (plus applicable taxes)
Since your premium is calculated based on your current monthly outstanding balance, your premium will fluctuate.
For example if you have an outstanding balance of $500:
$500 x $0.99 / $100 = $4.95
Your monthly premium in this case would be $4.95 plus applicable taxes.
Your premium will be conveniently billed to your American Express Credit Card.
The monthly premium rate will be reduced to $0.69 per $100 on the next statement date after your 70th birthday.
**Outstanding balance equals the total amount owing on your Account as of the Statement Date, comprised of the new balance plus any new installment balance from your participation in the Installment Program as indicated on your statement.

Enroll in AMEX Account Protector Ultimate

Here are a few things that you need to review before you enroll:

To enroll you must be the primary cardholder with an account in good standing. You must also be at least 18 years old and less than 70 years old at time of enrollment.

Please note that this coverage excludes:

This program is provided by Assurant®. Before you enroll, it is important that you read the Certificate of Insurance and Distribution Guide (for Quebec residents only), which outline the full terms, eligibility, benefits, limitations and exclusions of this product. Assurant® respects your privacy, please review Assurant’s Privacy Policy.

Please provide the information below to complete your enrollment:

**By clicking enroll now, I consent to enroll in the OPTIONAL AMEX® Account Protector Ultimate, where I will be charged $0.99 per $100 of my monthly outstanding balance (plus applicable taxes). Outstanding balance equals the total amount owing on your Account as of the Statement Date, comprised of the new balance plus any new installment balance from your participation in the Installment Program as indicated on your statement.