PROMOTION
Receive up to 50% cashback on your life insurance premiums for the first year.*
Call 1‑844‑320‑5857 to insure your mortgage.
Sign up for life, disability and critical illness insurance on your mortgage loan.
Receive up to 50% cashback on your life insurance premiums for the first year.*
Maximum insured amount
$1,000,000
In the event of death
Maximum insured amount
$3,000 per month
In the event of disability
Maximum insured amount
$150,000
In the event of critical illness
Insure your mortgage at 1‑844‑320‑5857.
If you're unable to work due to an accident or illness, disability insurance will cover your insured payments so you can focus on getting better.
Recovery from a critical illness can be a long and costly process. With our critical illness insurance, you're covered against cancer, stroke or heart attack—so your payments are taken care of and you can concentrate on getting better.
Eligibility requirements
Age |
Place of residence |
Status and enrolment |
Employment |
|
Life |
18 to 64 years old |
Within Canada and the U.S. |
Be a borrower, co-borrower, guarantor or endorser |
|
Disability* |
|
Have signed up for life insurance |
• Have worked a minimum of 60 hours during the 4 weeks preceding the insurance application • Self-employed worker: Have earned at least $10,000 in income during the fiscal year preceding the date the insurance application was signed |
|
Critical illness and accidentaldismemberment |
Have signed up for life insurance |
* You are not eligible for disability insurance if you receive income replacement benefits, are on a leave of absence or are unemployed.
Submitting an insurance claim
Consult the claims pages for information on how to file a claim.
AMF fact sheet, summaries, insurance certificates and pamphlet on assistance services
The terms and conditions of our loan insurance are set out in the summary and the insurance certificate. To learn more about your rights before subscribing to a mortgage insurance, read the AMF fact sheet.
Mortgage loan | Summary (f.29593) [PDF] Insurance certificate (f.16326P) [PDF] |
All-In-One | Summary (f.26682) [PDF] Insurance certificate (f.16328P) [PDF] |
To find out what mortgage insurance can do for you and assess if you are at risk, see the flyer.
TM All-In-One is a trademark of National Bank of Canada.
1. Subject to the terms and conditions of the insurance agreement, particularly with respect to the coverage period and maximum coverage amounts. Details are available in the FAQ and Distribution Guide.
Tax on premiums:
This offer is valid from February 17 to January 31, 2021. The loan insurance application must be signed during this period.
To be eligible for the offer, you need to sign up for life, disability and critical illness coverage when:
For a mortgage loan, the cashback is equal to 50% of the sum of your life insurance premiums for the first 12 months.
For an All-In-One line of credit, the cashback is equal to 50% of the first 12 life insurance premiums.
You only receive the cashback if all three types of coverage are still in effect after 12 months.
If any insured person receives benefits from a claim during the first 12 months, you will not be eligible for the cashback.
If all the conditions are met, the cashback will be paid into your bank account during the 13th month.
Employees of National Bank and its subsidiaries or affiliates are eligible for the offer.
The offer may be modified, extended or withdrawn without prior notice, at any time.
Don't leave your debt to your loved ones: make sure your personal loan or line of credit is repaid.
Insure your credit card balance to protect yourself and your loved ones from unexpected events.
To sign up or find out more,