Creditor Insurance Ottawa, ON

Ottawa Life Insurance Brokers & Agents

Mortgage Disability Insurance Ottawa

Creditor Insurance is an insurance contract that allows for the repayment of a loan in the event that the insured is unable to pay due to a long-term disability, a critical illness or an untimely death.

  • Life Creditor insurance is available in different term duration and coverage can be level or decreasing
  • Disability Creditor insurance will cover the loan payment amount outstanding at time of claim
  • Critical Illness Creditor insurance is available in different term duration

Creditor Insurance can be used in the following instances:

  • To repay a mortgage
  • To repay a personal loan
  • To repay a line of credit

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