Credit Protection for Residential Mortgages

What would happen to your home if you suddenly passed away or were diagnosed with a specified health crisis? Credit Protection for residential mortgages not only safeguards your family's mortgage debt, but also protects them from having to change the way they live at a time when they need comfort and stability the most.

Give Yourself Peace of Mind

Give yourself and your family the financial comfort and peace of mind of a paid-off home with Credit Insurance for residential mortgages. With Credit Insurance, the principal and interest remaining on your mortgage will be paid, up to the policy maximum * so your loved ones aren't burdened by mortgage payments and can maintain the lifestyle they have now.

With Life Insurance, your outstanding loan balance will be paid up to the policy maximum* if you die. Rest assured that your family will be protected if you pass away.

With Health Crisis Insurance, your outstanding loan balance will be paid up to the policy maximum* if you are diagnosed with a heart attack, stroke, cancer or suffer the loss of limbs, or the loss of sight in both eyes caused by an accident or illness.

Premiums are determined by your age and mortgage balance on the date of application. The younger you are, the less you pay. Combine Health Crisis Insurance with Credit Life Insurance and you'll enjoy comprehensive coverage plus a 20% discount on your premiums. And if your co-borrower also enrols for coverage you'll enjoy even greater savings.

Peace of Mind Is Just a Phone Call Away

Your Scotiabank representative will be pleased to answer your questions or help you arrange coverage under both our Health Crisis Insurance and Credit Life Insurance Plans. Talk to us today.

All insurance coverage is subject to the terms and conditions outlined in the applicable Certificate of Insurance, which you will receive upon purchase.
Insurance is underwritten by Scotia Jamaica Life Insurance Company Limited.
* Subject to ChangeĀ 

For more information

Phone

Prefer to talk to us?
Monday - Friday

1-888-GO-SJLIC (467-5542)
Online

E-mail us at
sjlic.service@scotiabank.com