Credit Protection Insurance

Protect your family's financial well-being.

Which credit protection is right for you?

Protect your family's financial well-being. Ensure that that principal and interest remaining your Scotiabank loan, mortgage and/or credit cards are paid in the event of your death or a diagnosis of a critical illness*.

Credit Card Protection

Protection for your Scotiabank Credit Cards.
 

  • Coverage of outstanding balance up to TTD $160,000
  • You're already approved if you are younger than 70 years upon sign up
  • Single coverage costs 29 cents for every $100
  • 52 cents for every $100 on joint credit cards
  • No premium charge for zero balance

 

Credit Protection For Scotia Plan Loans

Your family is protected, financially.

  • Coverage of outstanding balance up to TTD $2,200,000
  • Discount applied when two borrowers insured for the same plan
  • Pay off your outstanding Scotia Plan Loan balance, up to TTD $2,200,000

 

Credit Protection For Residential Mortgages

Safeguard your family's mortgage debt.

  • Coverage of outstanding balance up to TTD $2,200,000
  • Premiums determined by age and mortgage balance
  • The younger you are, the less premiums you pay
  • Purchase joint coverage at a discount

 

Make a plan for your future.