You've worked hard to build your business, invested in it in more ways than one. And, like most entrepreneurs, you've probably pinned most of your future plans on the success of your company. But have you thought about what could happen if you or another key person in your business, agribusiness or farm got seriously hurt in an accident or, worse, passed away? How will you, your partner or family cope with outstanding business debts?

Coverage for Key Members of Your Team

With Commercial Creditor Life Insurance, the outstanding balances on your Scotiabank business or investment credits
are covered up to a maximum of $2,000,000 should you or a
key contributor to your business become dismembered in an accident or pass away. This vital protection is available to
critical members of your business operations, including:

• borrowers
• co-borrowers
• partners
• shareholders owning at least 10% voting shares of
  the business
• guarantors
• key employees whose contributions are integral to
  the business and whose absence would make it
  difficult to carry on operations

Flexibility and Peace of Mind

Commercial Creditor Life Insurance allows each key contributor to apply for coverage of up to $2,000,000 per person. So your business gets the protection it needs. And everyone gets peace of mind.

A Living Benefit You Can Count On

Should a key contributor to your business lose an arm, leg, finger or sight as a result of an accident, Commercial Creditor Life Insurance will pay a benefit based on the severity of the loss. This payment will be credited against the outstanding balance of your insured commercial debt.

Apply for Commercial Creditor Life Insurance today. Simply contact your local Scotiabank branch representative to arrange an appointment.

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For Frequently Asked Questions...

All insurance coverage is subject to the terms and conditions outlined in the applicable Certificates of Insurance and Distribution Guides, which you will receive upon purchase.