Loan and line of credit insurance

Protect what's important to you

Make an appointment

Insurance that combines three types of coverage

Up to


of your loan balance paid in the event of death


60 days

of disability benefits–the insurer will make your loan or line of credit payments to the Bank

Advantages of loan insurance

  • Your loan or line of credit is covered in the event of death, disability or critical illness.
  • In the event of disability or critical illness, the insurer will pay off all or part of your balance so you can focus on getting better.
  • Your insurance premiums are based on the outstanding balance of your line of credit.

Which loans and lines of credit are eligible?


  Life Disability Critical illness
Loan types  
RRSP lines of credit      
Personal loans      
Car loans      
RRSP loans      
Student lines of credit      
Lines of credit      



In the event of death, the insured balance of your loan will be repaid so your loans won't become a burden to your loved ones. The maximum insurable amount is $500,000 for a personal loan or a line of credit.


Rest easy knowing that if you become disabled and are unable to work, some of your payments will be made for you. Get up to 48 months of benefit payments for the duration of the loan for all insureds and up to 24 consecutive months of benefit payments per disability. See the eligibility criteria.

Critical illness

If you're diagnosed with cancer or suffer a stroke or heart attack, we'll cover your insured balance so you can focus on getting better. The maximum insurable amount is $150,000 for a personal loan or a line of credit.

Little details that matter

Place of residence
18 to 64 years old
Within Canada and the U.S.
Be a borrower, co‑borrower, guarantor or endorser





  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 accidental dismemberment
      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

Follow the 3 steps set out in our page on loan insurance claims.

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 loan and line of credit insurance, read the AMF fact sheet (Quebec). 


® National Bank All-In-One is a registered trademark of National Bank of Canada.


Tax on premiums

Manitoba    7%

Learn about our other insurance solutions

Mortgage loan or All-In-One insurance

Protect your National Bank All-In-One® or mortgage loan in the event of disability, critical illness or death.

See mortgage insurance

Credit card payment insurance

Insure your credit card balance to protect yourself and your loved ones from unexpected events.

See payment insurance

Ready to take out insurance?

To apply, or to get more information, make an appointment with an advisor.

Make an appointment
Picto of a question mark in a circle
Locator icon