Credit Protection

If you die, get a terminal illness or suffer a covered accidental dismemberment¹, TD Mortgage Life Insurance can pay up to $1,000,000² towards your:

• Outstanding TD mortgage balance, less any arrears
• Discharge/penalty fees
• Overdrawn balance on your property tax account
• Interest owing

As an enhancement, you can add optional TD Mortgage Critical Illness Insurance which can pay up to $1,000,000³ if you are diagnosed with Cancer (life threatening), Acute Heart Attack, or Stroke¹.

• We offer competitive group rates, and discounts may apply⁴.

Refer to the Protection For Your Mortgage: Product Guide & Certificate of Insurance below which contains a complete list of benefits, eligibility, exclusions and limitations

Protection for your Mortgage - Product Guide and Certificate of Insurance (January 2018) 

For Quebec Residents, please refer to the Distribution Guide:
Protection for your Mortgage - Distribution Guide and Certificate of Insurance (January 2018) 

If you die or suffer a covered accidental dismemberment¹, TD Line of Credit Life Insurance can pay up to $300,000 towards:

• Your unpaid line of credit balance less any arrears
• Interest owing
• Discharge or penalty fees

As an enhancement, you can add optional TD Line of Credit Critical Illness Insurance² which can pay up to $300,000 if you are diagnosed with Cancer (life threatening), Acute Heart Attack, or Stroke¹.

• We offer competitive group rates, and discounts may apply³.

Protection for your Line of Credit ‑ Product Guide and Certificate of Insurance (October 2016) 

For Quebec Residents, please refer to the Distribution Guide:
Protection for your Line of Credit ‑ Distribution Guide and Certificate of Insurance (March 2017) 

If you die or suffer a covered accidental dismemberment¹, TD Loan Life Insurance can pay up to $250,000² towards:

• Your outstanding TD personal loans
• Interest owing

As an enhancement, you can add optional TD Loan Disability Insurance which can pay up to $2,000 of your monthly loan payments for a maximum of 60 months if you become Totally Disabled¹.

• We offer competitive group rates, and discounts may apply³.

Protection for your Personal Loan ‑ Product Guide and Certificate of Insurance (Oct 2018) 

For Quebec Residents, please refer to the Distribution Guide:
Protection for your Personal Loan ‑ Distribution Guide and Certificate of Insurance (Oct 2018) 

TD Balance Protection Plus is an optional product designed to help you deal with your TD Credit Card(s) payment obligations in the event of a covered Involuntary Unemployment, Loss of Self-Employment Income, Total Disability, Disability requiring Hospitalization, Loss of Life, Dismemberment or Critical Illness.

TD Balance Protection Plus

• Maximum amount of insurance: $25,000
• Monthly Premium Rate per $100 of average daily balance: $1.20, plus applicable taxes. Premium is only charged on the first $10,000 of average daily balance.
• Monthly Premium rate is reduced on statement date after you turn 66 to $0.59 per $100 of average daily balance.
• One-time benefit payments to your credit card should you die, suffer a Dismemberment, Critical Illness (Acute Heart Attack, Cancer Life threatening or Stroke).
• Monthly benefit of 10% of your eligible outstanding balance for the following coverages: Involuntary Unemployment, Loss of Self-Employment Income and Total Disability
• Disability requiring Hospitalization benefit of 10% of eligible outstanding balance for hospitalization of at least 24 hours and of the remaining eligible outstanding balance if the hospitalization continues for more than 30 days.
• Includes spousal coverage for all coverages above, including Disability Requiring Hospitalization. Involuntary Unemployment and Loss of Self-Employment Income are excluded for spousal coverage.

All insurance coverage will terminate for you and, if applicable, your spouse on the next Account Statement Date after you turn 66. The Life coverage for you and your spouse will be replaced with Accidental Death At 66 coverage, regardless of your spouse’s age.

For more information or to enroll today, call 1-866-315-90691-866-315-9069 and make our optional credit card balance insurance products work for you!

TD Balance Protection Plus Certificate of Insurance 

For Quebec Residents, please refer to the Distribution Guides.
TD Balance Protection Plus Distribution Guide 

TD Business Credit Life Insurance¹ provides life and accidental dismemberment protection, and can pay up to $1 million per Insured Person² towards:

• Your outstanding balance of the insured authorized business credit products
• Interest owing
• Any surplus life benefit will be paid to your business

We offer competitive group rates, and lower rates are available for non-smokers³.

Protection for your Business ‑ Product Guide and Certificate of Insurance (March 2018) 

For Quebec Residents, please refer to the Distribution Guide:
Protection for your Business ‑ Distribution Guide and Certificate of Insurance (March 2018) 

Business Credit Living Benefit Insurance¹ provides Critical Illness and Disability coverages and may pay a benefit towards the outstanding balance² of your insured business credit products if the Insured Person¹ suffers from a covered Critical Illness¹ or becomes Totally Disabled¹:

• Critical Illness coverage can pay up to $1,000,000, with a maximum of $500,000 towards Revolving Credit Products¹, if the Insured Person¹ is diagnosed with Cancer (life threatening), Acute Heart Attack, or Stroke¹.
• Disability coverage can pay up to $3,000 per month for a maximum of 24 months per disability, up to an overall maximum of 48 months, if the Insured Person¹ becomes Totally Disabled¹.

You may be eligible to increase your coverage by up to $25,000 per calendar year, subject to coverage maximums and the Insured Person's eligibility for an increase.

Summary of Coverage (November 2018) 
Premium Rates & Calculations (November 2018) 
Protection for Your Business - Product Guide and Certificate of Insurance 

Quebec Residents:
Protection for Your Business – Distribution Guide and Certificate of Insurance