Scotiabank Life Insurance Rates

The products referred to below are offered only by scotia jamaica life insurance company limited a wholly owned subsidiary of the bank of nova scotia jamaica limited. With life coverage the principal and interest remaining on your scotiabank mortgage can be paid up to a maximum of 750000 per mortgage or up to 750000 for all mortgages combined so that your loved ones can maintain the home and lifestyle youve.

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If you andor one other borrower on the mortgage account are insured for two insurance coverages on the same mortgage account you will receive a 10 discount on your premium.

Scotiabank life insurance rates. Accidental death was the 2 nd leading cause of death in canada from 2006 to 2008 1in fact someone passes away from an accident every hour of every day. The maximum coverage amount for critical illness coverage is 500000 per mortgage or for all mortgages combined. Through scotiamint you are automatically approved for life insurance and accidental death coverage and you can choose additional optional life insurance and accidental death benefits for even more protection.

No medical exams are required and your coverage is indexed to protect you against inflation. With life coverage the principal and interest remaining on your scotiabank mortgage can be paid up to a maximum of 750000 per mortgage or up to 750000 for all mortgages combined so that your loved ones can maintain the home and lifestyle youve worked hard to build. For each additional insurance coverage that you andor one other borrower add on the same mortgage account you will receive an additional 5 discount up to a total maximum discount of 20 on your premium.

Scotia travel insurance distributed by the bns insurance agency inc is underwritten by the manufacturers life insurance company and first north american insurance company a wholly owned subsidiary of manulife. Obtain scotia insurances current product rates. Knowing your mortgage could be paid off should you suddenly pass away can give you and your family financial comfort when you need it most.

With life coverage the principal and interest remaining on your scotiabank mortgage can be paid up to a maximum of 750000 per mortgage or up to 750000 for all mortgages combined so that your loved ones can maintain the home and lifestyle youve worked hard to build. 2 if youre a scotiabank customer 18 74 years of age and a canadian resident you and your spouse can each sign up for 5000 of complimentary accidental death insurance at no cost to you. All insurance plans are underwritten by the canada life assurance company.

The bank of nova scotia receives an administration fee from the insurer to distribute travel insurance products. David is 52 years old and is the primary borrowerhe has chosen scotia line of credit protection insurance with life and critical illness coverage only. For life coverage the maximum coverage amount is 750000 per mortgage or 750000 for all mortgages combined.

Based on the life coverage rate table his premium rate is 0761000. These products and services are not covered by the jamaica deposit insurance corporation.

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