See what customers say about
ScotiaLife Financial Insurance.

1.8/5 (3 Reviewers)

Read Reviews Leave Review

Company Overview

ScotiaLife Financial Insurance Advantages

• Customized Coverage: Home and auto insurance from ScotiaLife come with the choice to personalize your policy, and several options allow you to add extra coverage.
• Protection for your ScotiaBank credit products: Creditor insurance allows you to insure your debts, credits, or mortgages with Scotiabank in the event you are unable to pay.
• Full range of personal coverage: Insurance to cover any possibility including life, hospitalization, critical illness, accident insurance, and various types of travel coverage.

ScotiaLife Insurance Products

ScotiaLife Life Insurance

• Term 1: Low-cost for 1 year of coverage protects you for up to $1 million up to age 70.
• Term 10 and 20: Renewable up to age 75, with up to $250,000 coverage.
• Term to 100 Insurance: Life-time coverage for up to $250,000, with premiums guaranteed to never increase, and no medical exam necessary.
• Accidental Death Insurance: Coverage against loss of life due to an accident, with benefits of up to $350,000. Includes a living benefit if you are hospitalized for a year or more due to a covered accident, and has guaranteed coverage for Scotiabank customers.
• Guaranteed Life Insurance: Lifelong coverage with locked premiums and no payments necessary past the age of 90. Guaranteed for Canadians between 50-75 years of age and includes a living benefit if you are diagnosed with a terminal disease.

ScotiaLife Health Insurance

• Hospitalization Insurance: Cash benefit of up to $250 a day if you are hospitalized in Canada or the continental US as a result of a covered accident or sickness. No medical exam required, and options exist to extend coverage to your spouse or dependent children, and receive a home recovery benefit for recovery time after a one week or longer hospital visit.
• Critical Illness Insurance: From $25,000 to $100,000 of protection in increments of $25,000, paid out in the event of a heart attack, cancer, or stroke diagnosis. Coverage renews annually, with no medical exams required, until the age of 70.
• Health and Dental Insurance: Available to Scotiabank customers and their families, and offers life-time protection of up to $1 million per person for health costs, with the option of adding dental coverage, with the exception of emergency travel and medical assistance, which ends at age 80.

ScotiaLife Home Insurance

• Escape of fuel coverage: Additional coverage to protect your property from a fuel leaks, as well as refundable legal fees and soil decontamination in the event of a spill.
• Water damage: Basic protection against burst pipes, household appliances leaking, and other plumbing problems with additional coverage options for rain or snow seepage, sewer back-up, or overland floods.
• Valuable articles coverage: Coverage for high-value items stored in your home such as jewellery, antiques, and fine art.
• Secondary premises coverage: Coverage available for your vacation homes, recreational vehicles, secondary residences and watercraft.
• Hot tub, sauna, above-ground and inground pool coverage.

ScotiaLife Auto Insurance

• $0 deductible: Pay no deductible for claims due to theft, vandalism, or at-fault accidents.
• Guaranteed repairs: Repairs at an approved service provider for your vehicle after an accident – guaranteed for as long as you own your vehicle.
• Rental replacement: Replacement vehicle if yours car is being repaired due to a claim.
• Hybrid vehicles: Additional savings.
• Students living away from home: Additional savings.
• Non-Owner coverage: Protection against damage when you’re driving a rental or borrowed vehicle.
• Multi-line discounts: Auto and home coverage Bundles.

ScotiaLife Creditor Insurance

• Mortgage Protection
• Credit Protection
• Credit Card Protection
• Loan Life & Disability Protection
• Business Loan Protection

ScotiaLife Travel Insurance

• Canadians Under 55: Emergency medical coverage with special rates for family trips, and a 50% discount for trips within Canada.
• Canadians 55 to 70: For trips up to 17 days, travellers can find coverage for their travels, including for seniors with existing illnesses.
• Students: Insurance to cover students travelling for the purposes of their studies, including both Canadians studying abroad or away from home within Canada, and international students visiting Canada.
• Visitors to Canada: Available to visitors to Canada and new immigrants, covering medical expenses during your stay as well as options including Travel Accident and Trip Interruption coverage.

Rating: 1 1 /5 stars

Asking a cat to sit is easier then dealing with these folks

Paco on 2019-08-03 11:09:49

Apparently I’m a high risk driver and hold a major offence on my record because I got a ticket violation for holding a hand held device over 3 years ago. They only accept new drivers with no past incidents. Guess it’s a company being run by 19-30 year olds with no compassion or empathy for people. Because everyone should be perfect and living life according to a science text book. What a joke this country is becoming.

Rating: 2 2 /5 stars

Christiana on 2019-07-03 15:26:52

Worst customer service

Rating: 2.5 2.5 /5 stars

Total joke

Gaad on 2018-07-07 2:08:10

Never again