Plan for the unexpected
With Life coverage for your Scotia Line of Credit account, you can feel good knowing the people you care about could be free from your Scotia Line of Credit debt. If you pass away, Life coverage can pay the outstanding balance on your Scotia Line of Credit account. The maximum coverage amount is $500,000 per account or up to $500,000 for all Scotia Line of Credit accounts combined.
The cost of the Life coverage is determined by your age, the average daily outstanding balance on your account during the billing period, and whether you choose single, joint or multiple coverage. And for your convenience, your Life coverage premiums are billed directly to your insured Scotia Line of Credit account.
For rates and more information about Life coverage, please refer to our list of frequently asked questions. Or, call us at 1-855-753-4272, Monday to Friday 8:00 a.m. to 8:00 p.m. (ET) and one of our Customer Service Representatives will be pleased to assist you.
The Bank of Nova Scotia and ScotiaLife Financial are not insurers. All insurance plans are underwritten by independent licensed insurers.