ScotiaLife Financial Life Insurance

ScotiaLife Financial, an insurance subsidiary of ScotiaBank, offers peace of mind with a strong portfolio of products designed to protect you and your loved ones from the unexpected.

ScotiaLife Term Insurance - this type of insurance is offered for 1, 10 and 20 year terms.

• ScotiaLife Term 1 Insurance - Short term. Renewable up to age 70 without medical. Cover up to 1 million.
• ScotiaLife Term 10 Insurance - Medium term of 10 years with fixed rate. Renewable up to age 75 without medical. Cover up to $250,000
• ScotiaLife Term 20 Insurance - Longer term of 20 years with fixed rate. Renewable up to age 75 without medical. Cover up to $250,000
• ScotiaLife Term to 100 Insurance - Lifetime protection. Guaranteed premiums. No medical exam required to apply. Cover up to $250,000

ScotiaLife Accidental Death Insurance - This plan will pay out a tax-free benefits of up to $350,000 should you pass away due to a covered accident. There is no health exam required to apply and the coverage is worldwide.

ScotiaLife Critical Illness Insurance - This plan will provide a lump-sum if you are diagnosed with: Cancer, Heart Attack or Stroke. The benefit is paid out even if you are able to return to work and can be used to supplement products and services not covered by your provincial health plan.

Please compare this institution to the rest of the Canadian market to ensure you’re getting the best possible conditions on your life insurance coverage.