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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.
What would happen to your home if you suddenly passed away? Credit Life Protection for residential mortgages1 not only safeguards your family's mortgage debt, but also protects them from having to change the way they live at a time when they need comfort and stability the most.
Give Yourself Peace of Mind
Give yourself and your family the financial comfort and peace of mind of a paid-off home should you suddenly pass away. With Credit Life Protection for residential mortgages, the principal and interest remaining on your mortgage will be paid up to a maximum of JA$7,500,000 so your loved ones aren't burdened by mortgage payments after you're gone and can maintain the lifestyle they have now.
Premiums are determined by your age and mortgage balance on the date of application. The younger you are, the less you pay. If there's more than one borrower on your mortgage, purchase joint coverage at a discount and enjoy significant savings.
For rates and more information on Credit Life Protection for residential mortgages, or to apply for coverage, simply visit your nearest Scotiabank branch.
1 All insurance coverage is subject to the terms and conditions outlined in the applicable Certificate of Insurance, which you will receive upon purchase. For more details, please see our online Certificates of Insurance.
Insurance is underwritten by Capital Life Insurance Company Limited, Caribbean American Life Assurance Company, Sagicor Life Inc. and Scotia Jamaica Life Insurance Company Limited.
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