Buying a home in today's market is scary. And the thought of not being able to pay it off in the case of an unexpected illness, injury or death is even scarier.
Through our partner Valeyo‡ we offer creditor insurance to give you and your family the peace of mind that your financial debts, like mortgages, personal loans or lines of credit, will not become a burden in the event of unforeseen circumstances. Its protection you can count on. Because you can never be too sure.
Here’s how we can help.
Life insurance coverage helps to pay off or reduce the balance of your outstanding loan, line of credit or mortgage in the event of a premature death.
If your health prevents you from working, disability coverage can help cover your monthly obligations for your mortgage, line of credit or loan.
Creditor Insurance can add the extra protection and peace of mind you need to ensure your financial obligations are taken care of in the event of death or disability.
- Available for loans, lines of credit and mortgages
- Easily apply any time
- Convenient and easy payments
- You can apply for life insurance coverage if you’re between 18 and 69.
- For disability insurance coverage, you must be between the ages of 18 and 59 and actively working a minimum of 20 hours per week.
- Coverage is available as either single and/or joint coverages.
You can protect yourself from the worry of making payments if something should happen to you. Plus, with automatic deductions from your account, paying your monthly premium is easy.
‡ Valeyo is a marketer of creditor insurance underwritten by Canadian Premier Life Insurance Company and insurance-related products. This product may not pay off your entire obligation. Any benefits will be payable to your creditor. Exclusions, limitations and terms of availability apply to this coverage. For cost and complete details, contact your Coast Capital Savings lender.