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Balance Protection insurance
When you're unable to, your TD Credit Card payment obligations may be taken care of.
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.
Ready to enroll?
Call us at 1-866-315-9069
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 Unemployment and Loss of Self-Employment Income.
- Additional coverage for Disability Requiring Hospitalization.
Coverages available with TD Balance Protection Insurance and TD Balance Protection Plus
Who is eligible?
You may enrol if:
You are the Primary Cardholder of the TD Credit Card Account on which Balance Protection Insurance is available
You are a Canadian resident
You are between the ages of 18 and 65
Please note: In addition, many coverages offered have individual eligibility requirements that are outlines in the Certificate of Insurance. If you choose to enrol in TD Balance Protection Plus, your spouse can also be covered for many of the benefits that are available to you as the Primary Cardholder and insured person named under the Certificate of Insurance.
Additional coverages with TD Balance Protection Plus
Need to file or check the status of a claim?
You can make a claim online and see the most recent progress on any of your current claims.
Visit Benefitactivations.ca or call 1-866-315-9069
Not completely satisfied with your protection?
Simply provide your cancellation instructions within 30 days of enrollment for a full refund. If you decide to cancel at any time after that, any unearned premium will be refunded. You may cancel your coverage at any time.
By telephone
1-866-315-9069
By mail
Assurant Solutions
P.O. Box 7200
Kingston, Ontario
K7L 5V5
