Credit Protection for ScotiaLine.

You're already approved If you're less than age 65 on the date you enroll, you 're approved - no questions asked.

 Pay off your outstanding ScotiaLine balance in the event of your death or the diagnosis of a covered critical illness.

Monthly premiums for credit protection are based on your balance, i.e no premium will be charged if your previous month's credit card statement balance was zero.

Credit Protection for ScotiaLine.

With your ScotiaLine of credit, you can live the lifestyle you choose. Did you know, however, that in the event of your death, or the diagnosis of a covered critical illness, this convenience could become a financial obligation for your family?

How does it work?

Credit Protection will pay off your outstanding ScotiaLine balance, relieving your loved ones of added financial pressure at a difficult time. No worries!

With Credit Protection for ScotiaLine,  your loved ones will not be responsible for settling any outstanding balance on your ScotiaLine account and any outstanding loan balance on your ScotiaLine account will be covered, in the event of your death. You also have the option to sign up for both Credit Life and Critical Illness.


Critical Illness Insurance is a living benefit, which means that the outstanding loan balance of your ScotiaLine account can be paid in the event you are diagnosed with a covered critical illness (specifically heart attack, cancer or stroke).


If you already have Life Insurance you may want to add critical illness insurance or perhaps now is the time to consider joint coverage if you have a secondary borrower on your account.

You're already approved.

As a ScotiaLine account holder, it's easy to take advantage of this offer. You are already approved for coverage provided you and your secondary borrower (if you choose) are less than age 65 on the date you enroll for Life Insurance, or less than age 55 if you decide to enroll for both Life and Critical Illness Insurance. And, no health questions are asked.

Affordable monthly premiums for Credit Insurance are based on your outstanding balance and your age. Just find your age in the following table to see how affordable your premiums can be. 

A note from the insurer:

In this section, we have attempted to explain clearly and briefly the coverages available under this plan. Coverage is subject to specific limitations and exclusions, including age restrictions, as described in the Certificate of Scotiabank Mastercard® Credit Insurance or the Certificate of Scotiabank Visa® Credit Insurance. Please refer to these Certificates for additional details. Insurance is underwritten by ScotiaLife Trinidad and Tobago Limited (a wholly owned subsidiary of Scotiabank Trinidad and Tobago Limited). 

Get Credit Protection, today.