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ScotiaLife Financial
Life & Health Insurance
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Creditor Insurance

Creditor Insurance

With credit protection from ScotiaLife Financial, you can rest assured that you and your family won't have to worry about paying your Scotiabank debts if you become critically ill or disabled, or pass away.

Learn more about our comprehensive range of affordable credit protection by clicking on the coverage that matches your Scotiabank credit account.


Mortgage Protection

  • To keep your home from turning into a difficult burden, mortgage protection from ScotiaLife Financial will pay off your Scotiabank mortgage balance should you become seriously ill, pass away, or manage your expenses in the event you become disabled.

Line of Credit Protection

  • Enjoy financial freedom and safeguard your family, your finances and your future with protection that covers your line of credit account in case of serious illness or death.

Scotia VISA Balance Protection

  • Should you lose your job, become critically ill, seriously injured in an accident, or pass away, Scotia VISA Balance Protection will pay off your VISA debt.

Scotia Plan Loan Life & Disability Protection

  • Enjoy the security of knowing that your Scotia Plan™ Loan will be covered should you get seriously hurt or pass away.

Commercial Creditor Life Insurance

  • Protect the business you've worked so hard to build. Find out how you can insure the key contributors to your business up to a maximum of $2,000,000.

Apply Today

Visit your local Scotiabank branch

The Bank of Nova Scotia and ScotiaLife Financial are not insurers. All insurance plans are underwritten by independent licensed insurers.