Be confident in your financial well-being

Wondering what Credit Protection coverage options are available?

Our assessment tool can show you how a covered critical life event could impact your everyday finances.
To start, select the product you want to help protect:

List of three items

Why TD Insurance?

Life can be unpredictable. It can be filled with wonderful moments ― and life-changing challenges. Discover how TD Credit Protection can help safeguard some of your biggest financial obligations.

Learn more about Credit Protection
  • Claims Support

    Our dedicated team is here to help you every step of the way.

  • Satisfaction guaranteed

    If you are dissatisfied with any Credit Protection product, you may cancel your coverage for a full refund within 30 days of purchase.

  • Convenient Hours of Operation

    Visit your local branch or call 1-855-305-9071 Monday to Friday 8 a.m. to 10 p.m. EST and Saturday - Sunday 9 a.m. to 6 p.m. EST.

Step 1 of 5

Tell us about your TD Mortgage

Mortgage balance

Payment frequency

{{data.mortgage.frequency }}

Payment amount

Tell us about your TD Line of Credit

Line of Credit limit

Line of Credit balance

Monthly Payment amount

Tell us about your TD Loan

Loan balance

Amortization period

Payment frequency

Payment amount

Tell us about your TD Loan

Please enter an amount greater than 0 and up to 20000 using only numeric characters.

If you're applying for a loan, this would be the total amount you'd like to borrow

List of five items
List of four items
Please enter an amount greater than 0 and up to 20000 using only numeric characters.

TD Loan Life Insurance may reduce or pay up to $250,000 towards your outstanding TD Loan balance should you pass away or suffer a covered accidental dismemberment. As an optional enhancement, TD Loan Disability Insurance can be added which can pay up to $2,000 towards your monthly loan payments for a maximum of 60 months if you become totally disabled.

Tell us about your TD Line of Credit

Please enter an amount between 1000 and 10000000 using only numeric characters.

This would be the maximum amount you could borrow.

Please enter an amount between 100 and {{data.lineofcredit.limit}} using only numeric characters.

This is your average balance you carry or your anticipated balance if you have plans such as a renovation or education costs.

Please enter an amount greater than 0 and up to 20000 using only numeric characters.

TD Line of Credit Life Insurance may reduce or pay up to $1,000,000 towards your outstanding TD Line of Credit balance should you pass away or suffer a covered accidental dismemberment. As an optional enhancement, TD Line of Credit Critical Illness Insurance can be added which may pay up to $1,000,000 if you are diagnosed with Cancer (life threatening), Acute Heart Attack, or Stroke. The amount of coverage available is based on your current TD Line of Credit limit amount, subject to coverage maximums.

Tell us about your TD Mortgage

Please enter an amount between 20000 and 10000000 using only numeric characters.

If you're buying a house, this would be the purchase price minus the down payment. If you're refinancing a house, this would be your mortgage balance.

List of four items
Please enter an amount greater than 0 and up to 20000 using only numeric characters.

TD Mortgage Life Insurance may reduce or pay up to $1,000,000 towards your outstanding TD Mortgage balance should you pass away, suffer a covered terminal illness or accidental dismemberment. As an optional enhancement, TD Mortgage Critical Illness Insurance can be added which may pay up to $1,000,000 if you are diagnosed with Cancer (life threatening), Acute Heart Attack, or Stroke.




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Step 2 of 5

Tell us about yourself

{{Applicant.firstname + ", age " + Applicant.age + ", " + Applicant.Province }}

Co-borrower #{{$index}}

Your first name can't be longer than 19 characters, contain numeric values or any of the following special characters: $ # % & \ < > { } [ ].
Same name can not be used again.
Please note: You are eligible for Life Insurance. Critical Illness Insurance is only available to customers between the ages of 18 and 55. You must be between 18 and 69 yrs. of age to apply for Mortgage Life Insurance, and between 18 to 55 yrs. of age to apply for Mortgage Critical Illness Insurance. You must be between 18 and 69 yrs. of age to apply for Line of Credit Life Insurance, and between 18 to 55 yrs. of age to apply for Line of Credit Critical Illness Insurance. You must be between 18 and 69 yrs. of age to apply for Loan Life Insurance.
List of thirteen items

You can add up to three co-borrowers

Maximun amount of borrowers has been reached.




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Step 3 of 5

Enter your annual income

{{data.Applicants[$index].firstname}}

Please enter an amount using only numeric characters.



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Step 4 of 5

Enter your total savings and investments

This could include your chequing and savings account balances, and your investments, including your TFSA, RRSPs, GICs, etc. (don't include assets like your car or house).

Please enter an amount using only numeric characters.



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Step 5 of 5

Enter your monthly expenses

This could include your utilities, groceries, transportation, outstanding debts, property taxes, and your regular savings contributions.

Not sure? Estimate your monthly expenses

Please enter an amount between 0 and {{MonthlyExpensesLimit | currency:undefined:0}} using only numeric characters.
Credit Protection Assessment Tool Results Page

Learn how TD Credit Protection can help

Based on the information you provided, here's how your household finances could be affected if you were unable to work or experienced a loss of income due to a covered critical illness or deathNote 3.

Based on the information you provided, here's how your household finances could be impacted if you were unable to work or experienced a loss of income due to a covered total disability or deathNote 3.

With TD Credit Protection...

{{CreditProtectionType=='mortgage' ? 'TD Mortgage' : (CreditProtectionType == "loan" ? 'TD Loan' : 'TD Line of Credit' )}}

Your remaining mortgage balance of {{data.Applicants[data.selectedApplicant].MortgageCoverage | currency:'$':0}} could be paid off or reducedNote 2.

Your remaining mortgage balance could be paid down, up to $1,000,000Note 2.

Your remaining line of credit balance of {{data.Applicants[data.selectedApplicant].lineofcreditCoverage | currency:'$':0}} could be paid off or reducedNote 2.

Your remaining TD Line of Credit balance could be paid down up to $1,000,000 Note 2.

Your remaining loan balance of {{data.loan.balance | currency:'$':0}} could be paid off or reducedNote 2.

Your remaining loan balance could be paid down up to $250,000 Note 2.

Monthly Expenses

Your {{CreditProtectionType == "mortgage" ? "mortgage" : CreditProtectionType == "lineofcredit" ? "line of credit" : "loan"}} payments could be eliminated, reducing your household expenses by {{CalHouseholdIncomeDown() | currency:'$':0}} per monthNote 2.

Savings

You may not have to dip into your savings to cover your {{CreditProtectionType == "mortgage" ? "mortgage" : CreditProtectionType == "lineofcredit" ? "line of credit" : "loan"}} payments, which may be set aside for other financial goals such as, retirement, making a large purchase or saving for children's education.

Your savings can continue to be set aside for other financial goals such as retirement, making a large purchase or saving for children's education.

Without TD
Credit Protection...

{{CreditProtectionType=='mortgage' ? 'Mortgage' : (CreditProtectionType == "loan" ? 'Loan' : 'Line of credit' )}}

With no other source of income or coverage, your household’s income may go down by as much as {{CalHouseholdIncomeDownResult() | currency:'$':0}}/monthNote 1.

Monthly Expenses

Based on your current mortgage payments and existing monthly expenses, you would need {{(CalExpensesShortResult() * -1) | currency:'$':0}}/month to maintain your current financial obligations.

Based on your current loan payments and existing monthly expenses, you would need {{(CalExpensesShortResult() * -1) | currency:'$':0}}/month to maintain your current financial obligations.

Based on your current line of credit payments and existing monthly expenses, you would need {{(CalExpensesShortResult() * -1) | currency:'$':0}}/month to maintain your current financial obligations.

Based on the information provided, your household may be able to maintain your existing {{CreditProtectionType == "mortgage" ? "mortgage" : CreditProtectionType == "lineofcredit" ? "line of credit" : "loan"}} payments and monthly expensesNote 1.

Savings

If you had to use your savings to cover your {{CreditProtectionType == "mortgage" ? "mortgage" : CreditProtectionType == "lineofcredit" ? "line of credit" : "loan"}} payments and your existing monthly expenses, your savings could run out in {{CalSavingsRunoutResultInYearsAndMonths()}}Note 1. In addition, you may experience other expenses related to care or final arrangements.

Based on the information you provided, your household may not have to use savings to cover your {{CreditProtectionType == "mortgage" ? "mortgage" : CreditProtectionType == "lineofcredit" ? "line of credit" : "loan"}} payments and existing expensesNote 1. However, you may experience other expenses related to care or final arrangements.

TD Credit Protection can help protect your TD Mortgage up to $1,000,000

TD Credit Protection can help protect your TD Loan up to $250,000

TD Credit Protection can help protect your TD Line of Credit up to $1,000,000

TD {{CreditProtectionType =='mortgage' ? "Mortgage" : (CreditProtectionType == "loan" ? "Loan":"Line of")}} Credit Protection

{{ data.creditProtectionAmtAsPerFreq | currency:'$':2}}{{showEnFreq(data.mortgage.frequency)}}

{{ data.creditProtectionAmtAsPerFreq | currency:'$':2}}{{showEnFreq(data.loan.frequency)}}

{{ data.creditProtectionAmtAsPerFreq | currency:'$':2}}{{showEnFreq(data.lineofcredit.frequency)}}Note 4

Your quoted premium includes applicable taxes & rate reductions, if applicable.  What TD Credit Protection Covers

Your quoted premium includes applicable taxes.  What TD Credit Protection Covers

Your quoted premium includes applicable taxes and a 15% discount for insuring two or more borrowers with the same coverage on the same loan.  What TD Credit Protection Covers


Premium quote is based on your entered Line of Credit balance of {{data.lineofcredit.balance | currency:'$':2}}.

Note:Critical Illness Insurance is only available to borrowers aged 18 to 55

{{CreditProtectionType =='mortgage' ? "Mortgage Payment" : (CreditProtectionType == "loan" ? "Loan Payment":"Line of Credit Payment")}} Amount with TD Credit Protection

{{ CreditProtectionType=='mortgage' ? data.mortgage.amount + data.mortgage.protection :(CreditProtectionType=='loan' ? data.loan.amount + data.loan.protection : data.lineofcredit.amount + data.lineofcredit.protection) | currency:'$':2}}/month

Based on your mortgage balance, you're eligible for partial coverage. Click here to learn more.
Based on your mortgage balance, partial coverage will apply. Click here to learn more.
Based on your line of credit limit, you're eligible for partial coverage. Click here to learn more.
Based on your line of credit limit, partial coverage will apply. Click here to learn more.

{{data.Applicants[0].firstname + ": " + data.Applicants[0].age + " yrs"}}

{{data.Applicants[0].firstname + ": " + data.Applicants[0].age + " yrs, " + data.Applicants[1].firstname + ": " + data.Applicants[1].age + " yrs"}}

{{data.Applicants[0].firstname + ": " + data.Applicants[0].age + " yrs, " + data.Applicants[1].firstname + ": " + data.Applicants[1].age + " yrs, " + data.Applicants[2].firstname + ": " + data.Applicants[2].age + " yrs"}}

{{data.Applicants[0].firstname + ": " + data.Applicants[0].age + " yrs, " + data.Applicants[1].firstname + ": " + data.Applicants[1].age + " yrs, " + data.Applicants[2].firstname + ": " + data.Applicants[2].age + " yrs, " + data.Applicants[3].firstname + ": " + data.Applicants[3].age + " yrs"}}

{{data.Applicants[0].firstname + ": " + data.Applicants[0].age + " yrs, " + data.Applicants[1].firstname + ": " + data.Applicants[1].age + " yrs, " + data.Applicants[2].firstname + ": " + data.Applicants[2].age + " yrs, " + data.Applicants[3].firstname + ": " + data.Applicants[3].age + " yrs, " + data.Applicants[4].firstname + ": " + data.Applicants[4].age + " yrs"}}

Household income
Monthly expenses
Mortgage balance
Line of credit balance
Loan balance
Savings
Borrowers

Ways to apply

  • Speak with a TD Credit Protection Specialist

    Pick a time for us to call you back.

  • Call us

    Monday to Friday 8 a.m. to
    10 p.m. EST and
    Saturday - Sunday 10 a.m. to
    6 p.m. EST.

    1-855-305-9071
  • Book an appointment

    Visit a branch at a time that's convenient for you.

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