The products referred to below are offered only by Scotia Jamaica Life Insurance Company Limited (a wholly owned subsidiary of The Bank of Nova Scotia Jamaica Limited). These products and services are not covered by the Jamaica Deposit Insurance Corporation.

Your Scotiabank credit card gives you convenient access to credit for your everyday purchases and expenses. Did you know, however, that in the event of your death, this convenience could become your family's financial obligation?

Our Credit Life Protection Insurance removes the worry. It will pay off your outstanding Scotiabank credit card balance, relieving your loved ones of added financial pressure at a difficult time. If you already have coverage for yourself, now is the time to consider joint coverage if you have a secondary account holder - for even less to worry about.

You're Already Approved!

As a Scotiabank credit card customer, it's easy to take advantage of this important protection. You are already approved for coverage provided that you (and your secondary cardholder if you choose) are less than age 70 on the date you sign up. No health questions asked. At age 70, only accidental death is covered.

Affordable Monthly Premiums for Credit Life Protection Are Based on Your Balance

Single coverage costs just 29 cents for every $100 of outstanding balance on your previous month's Scotiabank credit card statement. Joint coverage on the same Scotiabank credit card account costs just 52 cents for every $100 of outstanding balance.

Your monthly insurance premium amount is added to your Scotiabank credit card account automatically and is reported on your statement. What's more, no premium will be charged if your previous month's statement balance was zero.

Please visit your Scotiabank branch to enrol or for more information about Credit Life Protection for credit cards.

A note from the insurers:

In this section, we have attempted to explain clearly and briefly the coverage available under this plan. Coverage is subject to specific limitations and exclusions, including age restrictions, as described in the Certificate of Scotiabank Credit Life Protection Insurance and the Policy. Please refer to the Certificate of Scotiabank Credit Life Protection Insurance for details.

Insurance is underwritten by Capital Life Insurance Company Limited, Caribbean American Life Assurance Company, Sagicor Life Inc. and Scotia Jamaica Life Insurance Company Limited.