Loan and Line of Credit insurance is an easy and affordable way to protect yourself and your family from unexpected financial losses.

At Cambrian, our Personal Loan and Line of Credit Insurance programs offer life and disability protection for the outstanding insured balance of your loan or credit line. Having this security removes the financial burden from family members or business partners should anything happen to you.

Credit Life Insurance

Our Credit Life Insurance programs pays off the balance of insured loans, removing the financial burden from family members, in the event of your death.

Personal Loan Life Insurance

• Maximum coverage: $90,000
• Maximum issue age: 69
• Age coverage ceases: 75
• Program pays outstanding loan balance
• No health questions required

Critical Illness Insurance (on personal loans)*

• Loan Life Insurance is a pre-requisite for Critical Illness coverage
• Medical impairments insured: life-threatening cancer, stroke, and heart attack
• Maximum coverage: $90,000
• Maximum term: 15 years
• Maximum issue age: 59
• Age coverage ceases: 75
  *See policy for full details

Line of Credit Life Insurance

• Maximum life insurance coverage: $1,000,000 to age 64
• Maximum coverage: $100,000 (application age 65 through 69)
• Maximum issue age: 69
• Age coverage ceases: 75
• Program pays 110% of the average balance 12 months preceeding, or balance at date of death
• Minimal health questions required for coverage above $50,000

Critical Illness Insurance (on line of credit products)*

• Line of Credit Life Insurance is a pre-requisite for Critical Illness coverage
• Medical impairments insured: life-threatening cancer, stroke, and heart attack
• Maximum coverage: $1,000,000
• Maximum term: n/a
• Maximum issue age: 59
• Age coverage ceases: 75
  *See policy for full details

Credit Disability Insurance

Our Credit Disability Insurance makes your loan payments if you or your co-borrower are unable due to a disability caused by sickness or accident.

Personal Loan Disability Coverage

Our Credit Disability Insurance program for personal loans makes the monthly payments on insured loans, removing the financial burden from you and your family in the event you are disabled.

• Maximum coverage: $180,000
• Maximum issue age: 69
• Age coverage ceases: 75
• Program pays monthly payments to a maximum of $1500 for a maximum of 120 months
• No health questions required

Line of Credit Disability Coverage

Our Line of Credit Insurance program offers disability protection for the outstanding insured balance of your Accessline of Credit, which could remove the financial burden from family members or business partners.

• Maximum monthly benefit: $3,000, to $180,000 total cumulative
• Maximum term of benefits: 60 months
• Maximum issue age: 69
• Age coverage ceases: 75
• Elimination period (before benefits become payable): 30 days non-retroactive
• Program pays 3% of the lesser of 110% of the average balance 12 months preceeding, or balance at date of disability

Cambrian keeps you covered.

Please inquire at your branch for more details.