Canadian-bought AppleCare+ warranty for MacBook Air - will it protect me in South America?

I'm thinking of buying AppleCare+ for my new MacBook Air M1. I'm going to be living in South America for a year though so I want to know if the warranty will cover me there.

The AppleCare+ page mentions "global repair coverage" - AppleCare Products - Mac - Apple (CA)

But according to this Legal Page, the only countries that are covered in all of Latin America are Brazil & Mexico Legal - AppleCare Protection Plan - Apple

Am I to understand that the only countries that will protect me are those listed in that Legal page? I wish Apple would be more straightforward about this rather than making it so confusing to figure out