Banking 101 – Insurance

Sometimes life can take an unexpected turn. With optional Scotia Creditor Insurance Protection, your Scotiabank debt payments are maintained or paid in full, in whatever situation you encounter.  

Learn more about what our optional creditor insurance products can do for you. 

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Chantal's Story - Scotia Mortgage Protection
When the unexpected happened, Scotia Mortgage Protection insurance provided financial support to Chantal when she needed it the most.

Did you know…

For over 63% of Canadians, their homes are their biggest investment. But what if something happens that prevents you from making payments?*

Find out how Scotia Mortgage Protection can help you and your family feel financially protected.* opens in a new tab Created with Sketch.
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How to protect your balance with Scotia Credit Card Protection Insurance
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What is mortgage insurance and how does it work?

Buying a home? Here's what you need to know about mortgage insurance.
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Ready for a vacation? What you need to know to protect yourself when travelling during COVID-19

Here’s what you need to know before you pack your bags, from travel advisories to travel insurance with COVID benefits.
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The importance of Creditor Insurance during uncertain times

Scotiabank Creditor Insurance can help you prepare your finances during uncertain times.
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Why might you consider Scotia Mortgage Protection Insurance?

Did you know…

Debt is a major source of stress for one quarter of the Canadian population. When things get a little tough, Creditor Insurance Protection can help.**

Find out how Scotia Mortgage Protection can help you and your family feel financially protected. opens in a new tab Created with Sketch.
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How can Creditor Insurance Protection help during unexpected life events?
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What is creditor insurance and why should you consider it?

Creditor insurance is a key part of any financial plan as it can help protect your debt obligations during unexpected life events.
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Peter's Story - Scotia Mortgage Protection
See how Peter turned a life changing moment into a new opportunity, thanks to Scotia Mortgage Protection insurance.
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Loan and line of credit protection insurance: What it is and how it works 

Explore how loan and line of credit protection insurance could work in your financial plan
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Home sweet home – how you can protect your biggest investment 

Mortgage Protection Insurance is optional creditor insurance that can help your family remain in their home should you experience certain life challenges.
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Creditor Insurance Protection: what it is and how it can help you

Be financially ready if life takes an unexpected turn.
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Useful tools

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Line of Credit Insurance Premium Calculator 

This calculator will let you input information about your line of credit, and calculate your estimated insurance premium.  

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Mortgage Insurance Premium Calculator 

See how much it would cost to insure your mortgage payments based on your individual needs. 

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Credit Card Insurance Premium Calculator 

Find what your estimated premium could be for Basic or Comprehensive protection insurance coverage on your Scotiabank credit card balances. 

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Creditor Insurance Protection Planner 

Calculate how much creditor insurance you might need to protect your Mortgage, Credit Card or Line of Credit debt. 

Let’s have a conversation

A good financial plan can help you accomplish your short and long-term financial goals. A simple chat with our Scotia advisors will get you on the right track.