Protection for the important things in Life
Scotia Loan Protection offers coverage to protect you and your familly against illness, injury or death.
Find below how much your monthly insurance premium would be based on the provided information.
Save up to 20% by adding another borrower on the same loan for insurance coverage
Life coverage which can help pay off your loan.1
Save up to 20% on your premium by insuring more than one borrower on the same loan account.
|Coverage Type||Discount Factor|
|Both Borrowers have Comprehensive Protection coverage.||20%|
|Both Borrowers have Basic Protection coverage.||15%|
|One Borrower has Basic Protection coverage and one Borrower has Comprehensive Protection coverage.||18%|