Comprehensive insurance coverage you can count on
Having a Scotiabank credit card means having easy access to credit. So you can buy a new computer for your home office, take home that mountain bike you saw in the store window, or take out money when you're travelling abroad.
We are pleased to offer Scotia Credit Card Protection so you can take advantage of the purchasing power of your Scotiabank credit card. This valuable coverage can provide the financial safety net needed during a difficult time that may be caused by common life events: Disability, Job Loss, Strike or Lockout, Critical Illness or should you pass away.
The Scotia Credit Card Protection insurance plan is an optional insurance coverage available to Scotiabank VISA and American Express credit card customers to provide comprehensive insurance coverage that stays in place as your protection needs change. It can pay off your credit card account balance up to $20,000 should you become diagnosed with a critical illness or pass away unexpectedly. If you become disabled or unable to work due to job loss or strike, the monthly benefit is equal to 5% of your outstanding balance, which can help pay down your balance faster and can help maintain your credit rating.
With one simple application, Scotia Credit Card Protection provides:
To find out more about Scotia Credit Card Protection, please refer to our 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.
Scotia Credit Card Protection is a Group Policy underwritten by ACE INA Life Insurance.
All coverage is subject to the terms and conditions outlined in the Certificate of Insurance which you will receive upon enrollment.