Credit Protection for Scotia Plan Loans

With your Scotia Plan Loan, you have access to greater borrowing power, and favourable interest rates to help you meet many of your most pressing needs. Did you know, however, that in the event of your death, this convenience could become a financial obligation for your family or estate?

Credit Life Protection removes that worry. It will pay off your outstanding Scotia Plan Loan balance in the event of your death, thereby relieving your loved ones of added financial pressure at a very difficult time.

With Credit Life Protection for Scotia Plan Loans, you can rest assured that you and your family will be protected in case you pass away. So you don't have to worry about leaving someone else with the burden of repaying your loan or being the one left behind to shoulder the payments When two borrowers are insured for the same Scotia Plan Loan, discounts are applied for each borrower's calculated premium.