Be ready for unforeseen circumstances
TD Balance Protection Plus* and TD Balance Protection Insurance* are two optional products designed to help you deal with your TD Credit Card(s) payment obligations in the event of a covered Involuntary Unemployment, Loss of Self-Employment Income, Total Disability, Loss of Life, Dismemberment or Critical Illness.
TD Balance Protection Insurance
Maximum amount of Insurance: $25,000
Monthly Premium Rate per $100 of average daily balance: $0.99 (plus taxes)
At age 66, $0.59 (plus taxes)
- One-time benefit payments to your credit card should you die, suffer a Dismemberment, Critical Illness (Acute Heart Attack, Cancer Life threatening or Stroke).
- Monthly benefit of 5% of your eligible outstanding balance for the following coverages: Involuntary Unemployment, Loss of Self-Employment Income and Total Disability. If you are still eligible for benefits after 12 months, these coverages could make a lump sum payment to your TD Credit Card Account up to a maximum of $25,000.
TD Balance Protection Plus
Maximum amount of Insurance: $25,000
Monthly Premium Rate per $100 of average daily balance: $1.20 (plus taxes)
At age 66, $0.59 (plus taxes)
- One-time benefit payments to your credit card should you die, suffer a Dismemberment, Critical Illness (Acute Heart Attack, Cancer Life threatening or Stroke).
- Monthly benefit of 10% of your eligible outstanding balance for the following coverages: Involuntary Unemployment, Loss of Self-Employment Income, Total Disability and Disability Requiring Hospitalization.
- Includes spousal coverage for all coverages above except for Involuntary Employment and Loss of Self-Employment Income.
- Additional coverage for Disability Requiring Hospitalization.
Already enrolled for coverage?
- File or check a claim
You can make a claim online and see the most recent progress on any of your current claims.
Visit Benefitactivations.ca or - Cancel your coverage
Provide cancellation instructions within 30 days of enrollment for a full refund. Cancelling any time after that, any unearned premium will be refunded. You may cancel at any time.
By telephone
1-866-315-9069
By mail
Assurant Solutions
P.O. Box 7200
Kingston, Ontario
K7L 5V5
Need more information?
Find out how these two products can help you pay the outstanding balance on your TD Credit Card when you’re not able to.
1Life, Accidental Death at 66 and Critical Illness coverages are underwritten by American Bankers Life Assurance Company of Florida and Involuntary Unemployment, Total Disability, Disability Requiring Hospitalization and Loss of Self-Employment Income coverages are underwritten by American Bankers Insurance Company of Florida. Dismemberment coverage is underwritten by TD Life Insurance Company. The Toronto-Dominion Bank receives a fee from each insurer with respect to premium collection. Complete terms of coverage are in the Certificate of Insurance you will receive upon enrollment. Eligibility requirements, limitations and exclusions apply, and vary by benefit.