With Loss of Life Protection, you can feel good knowing the people you care about won't have to worry about your debt if you pass away. We'll pay the outstanding balance on your line of credit account. The maximum coverage for any one of your insured lines of credit is $150,000, and for all of your insured lines of credit combined the maximum coverage is $300,000.

Pay Only for the Protection You Need

The cost of the Loss of Life Protection plan is determined by your age, the average daily outstanding balance on your account during the billing period, and whether you choose single, joint or dual coverage. No premiums are charged if you have a zero balance on your account during the billing period. So you're paying only for the protection you need. And for your convenience, your Loss of Life Protection premiums are billed directly to your insured line of credit account.

Apply Today

Apply for Loss of Life Protection by calling toll-free
1-800-953-7441, or talk to a representative at your Scotiabank branch. For rates and more information about Loss of Life Protection, please read our frequently asked questions.

Underwritten by The Canada Life Assurance Company.

All insurance coverage is subject to the terms and conditions outlined in the applicable Distribution Guide, which you will receive upon purchase. For more details, see our Distribution Guides.