Credit Protection Insurance

Protect your family's financial well-being. Ensure that that principal and interest remaining you your Scotiabank loan, mortgage, line of credit and/or credit cards are paid in the event of your death or a diagnosis of a critical illness*.


For more information, visit your nearest Scotiabank branch

Credit Protection

for Credit Cards

  • Coverage of outstanding balance up to $85,000
  • You're already approved if you are younger than 70 years upon sign up
  • Single coverage costs 29 cents for every $100
More details Additional Moneyback Chequing Account highlights

Credit Protection

for Credit Cards

  • 52 cents for every $100 on joint credit cards
  • no premium charge for zero balance
More details Flip Tile Over

Credit Protection

for ScotiaLine Gold

  • Coverage of outstanding balance up to $1,500,000
  • You're already approved if you are younger than 65 years upon sign up
  • Premiums based on previous month's balance and your age
Find out more Additional Moneyback Chequing Account highlights

Credit Protection

for ScotiaLine Gold

  • Monthly premiums for Credit Protection
  • Your monthly insurance premium is added automatically
Find out more Flip Tile Over

Credit Protection

for Scotia Plan Loans

  • Coverage of outstanding balance up to $1,500,000
  • Discount applied when two borrowers insured for the same plan
More details Additional Scotia One Account highlights

Credit Protection

for Scotia Plan Loans

  • Pay off your outstanding ScotiaPlan Loan balance, up to TT$ 1,500,000
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Credit Protection

for Residential Mortgages

  • Coverage of outstanding balance up to $1,500,000
  • Premiums determined by age and mortgage balance
More details Additional Basic Banking Plan highlights

Credit Protection

for Residential Mortgages

  • The younger you are, the less premiums you pay
  • Purchase joint coverage at a discount
More details Flip Tile Over