Choose The Creditor Insurance That Works For You.
Creditor Insurance makes your loan, line of credit or mortgage payments in case of death, disability or job loss.
Loan Insurance
- Available on Personal Loan, RRSP Loan, Home Equity Loan
- Premiums are included in your regular payments
- Get single or joint coverage
- Guaranteed acceptance (no medical questionnaire)
- Optional Life Insurance and Disability Insurance
Lines of Credit Insurance
- Available for Homeowner ReadiLine® and Personal, Homeowner’s, and Student Lines of Credit
- Guaranteed acceptance on credit less than $50,000 (no medical questionnaire)
- Premiums calculated based on your outstanding balance
- Optional Life and Disability or Disability Plus Job Loss Insurance
Mortgage Insurance
- Pays your remaining balance up to $600,000
- Your life insurance premiums are added to your monthly mortgage payment
