Credit Protection for Residential Mortgages

This insurance product is designed to offer coverage if a defined event such as death or diagnosis of a covered critical illness, permanent disability or dismemberment occurs. The insurance can pay off your outstanding residential mortgage, so your loved ones aren't burdened by mortgage payments and can maintain the lifestyle they have now.

With Life Protection, your outstanding mortgage balance can be paid off up to the policy maximum^*, if you die. With Health Crisis Protection, your outstanding mortgage balance can be paid off up to the policy maximum^*, if you are diagnosed with a covered critical illness, permanent disability or dismemberment.

Premiums are determined by the age of the insured and the mortgage balance on the date of application.

Insurance is underwritten by Scotia Insurance Caribbean Limited.