Insurance

Protect your family's financial well-being. Consider credit protection offered by Scotia Insurance Caribbean Limited, a wholly owned subsidiary of Scotiabank. Incorporated in Barbados in 2012, Scotia Insurance Caribbean Limited offers credit insurance to Scotiabank customers on their personal loans, mortgages, credit cards, and ScotiaLine accounts. Scotia Insurance Caribbean Limited is backed by the strength and stability of Scotiabank, one of the region's leading banks.

Credit Protection:


Ensure the principal and interest remaining on your Scotia Plan Loan, Mortgage, ScotiaLine Personal Line of Credit, or Credit Cards can be paid off in the event of your death, the diagnosis of a critical illness or health crisis.

  • Credit Protection for Credit Cards

    Available Life coverage at affordable monthly premiums based on your previous month's outstanding account balance. Automatic approval for those under age 70 if enrolling for Life Protection. Single life coverage costs only 29 cents for every $100 of your previous month's outstanding account balance. No premiums charged for zero balance.
  • Credit Protection for ScotiaLine

    Premiums are based on your outstanding account balance and your age. Automatic approval if you're age 65 or under when you enrol for Life coverage.
  • Credit Protection for Scotia Plan Loans

    Ensure that your outstanding loan balance is paid up to the policy maximum in the event of your death or a diagnosis of a health crisis. Joint coverage available.

Prefer to talk to us?

Call us and let us help:
(284) 494-2526

Or visit your nearest Scotiabank branch for more details.