Protection for your financial obligations

TD Credit Card Payment Protection Plan1

Learn how this optional insurance solution can help you make your TD credit card payments in the event of Job Loss, Total Disability or loss of Life.

If you meet the eligibility requirements3, you can enroll today and make the optional TD Credit Card Payment Protection Plan1 work for you:

  • Complete your enrollment online

TD Credit Card Payment Protection Plan1 details

Enjoy the security of knowing that the amount owing on your Credit Card Account can be paid off or reduced by either a lump sum payment in the event of a loss of Life or monthly payments, to a maximum of $25,000, should you experience one of the following covered events:

  • Job Loss
  • Total Disability

Refer to the Certificate of Insurance for insurer information and complete terms and conditions, including eligibility requirements, benefits, features, and limitation and exclusions. Quebec residents are also provided with a Summary and Fact sheet to review.

Certificate of Insurance

For Quebec residents only: Summary and Fact Sheet


Learn More About Job Loss Coverage.

Watch to learn more about monthly Job Loss benefits available for your insured credit card if you're under the age of 66, lose your job through no fault of your own, and remain unemployed for more than 30 consecutive days. Other restrictions and conditions apply.


TD Credit Card Payment Protection Plan1 claims

If you are already enrolled, you can file a claim or check your claim status by calling Assurant® at 1-866-315-9069 Monday to Sunday 8 a.m. to 10 p.m. EST or by visiting cardbenefits.assurant.com.


TD Credit Card Payment Protection Plan1 FAQs

Learn more important information with these frequently asked questions and answers.


You may enroll if you are:

  • the Primary Cardholder of the TD Credit Card Account on which Payment Protection Plan is available
  • a Canadian resident
  • between the ages of 21 and 65


To learn more about eligibility conditions, limitations and exclusions, refer to our Certificate of Insurance & Important Documents above.


You'll pay $1.20 (plus applicable taxes) per $100 of your insured balance2, up to $25,000 until you reach the age of 66. As an example:

Insured Balance2
$500
Premium Calculation
$500 x ($1.20 / $100)

Monthly Premium
$6.00

Rate is reduced to $0.60 on the statement date following the 66th birthday.


If you've been employed for a minimum of 25 hours per week for at least 3 months in a non-seasonal job and subsequently suffer a job loss and remain unemployed for more than 30 consecutive days, this coverage can make monthly benefit payments equal to the greater of 20% of the eligible outstanding balance or $10.

To learn more about coverage including benefits, conditions and restrictions, refer to the Certificate of Insurance & Important Documents above.


If you experience total disability due to accidental injury or illness for more than consecutive 30 days and you are regularly seeing a physician, this coverage can make monthly benefit payments equal to the greater of 20% of the eligible outstanding balance or $10.

To learn more about coverage including benefits, conditions and restrictions, refer to the Certificate of Insurance & Important Documents above.


Up to the age of 80, this one-time benefit payment covers your eligible outstanding balance, up to $25,000.

To learn more about coverage including benefits, conditions and restrictions, refer to the Certificate of Insurance & Important Documents above.


Plan features include a refund of premiums while receiving monthly benefits. You could also receive one monthly benefit payment upon your return to work after completion of a covered Job Loss claim or return to normal activities after completion of a covered Total Disability claim.

To learn more about plan features including benefits, conditions and restrictions, refer to the Certificate of Insurance & Important Documents above.


At the age of 66, your premium rate drops from $1.20 to $0.60 (plus applicable taxes) per $100 of your insured balance2. Total Disability and Job Loss coverage end while Life coverage continues until you're 80 years old.

Applicable changes appear on the next statement you receive after turning 66 years old.

To learn more about coverage including benefits, conditions and restrictions, refer to the Certificate of Insurance & Important Documents above.


To cancel, contact Assurant®.
Call 1-866-315-9069 Monday to Sunday 8 a.m. to 10 p.m. EST


If you transfer to a different eligible TD card or replace your TD card, your insurance will be transferred to the new account with the original effective date.


No, only the Primary Cardholder is covered.


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