TD Business Credit Protection

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Protection that can offer financial security for your business credit products

TD Business Credit Protection can provide debt protection if you or someone essential to the business suffers a covered event.

Book an Appointment What is TD Business Credit Protection? TD Business Credit Protection is optional coverage that can help safeguard your business financially by reducing or paying off your outstanding business credit balance in case of a covered critical illness, total disability, accidental dismemberment, or death1.

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TD Business Credit Protection is optional coverage that can help safeguard your business financially by reducing or paying off your outstanding business credit balance in case of a covered critical illness, total disability, accidental dismemberment, or death1.

Highlights and benefits of TD Business Credit Protection \r\nCoverage Maximum
\r\nUp to $1,000,000 coverage for your total authorized business credit1 products.
\r\n\r\nTax-Free Payments
\r\nA tax-free, lump-sum up to $1,000,0002 is paid towards the outstanding balance on your business credit product for approved claims2.
\r\n\r\n30-Day review period
\r\nThis plan includes a review period of 30 days for you to examine your certificate of insurance. If you are not completely satisfied, you can cancel your coverage within this period, and you will receive a refund for any premiums paid. If you cancel any time after this period, any unearned premium will be refunded.
\r\n\r\nCompetitive Group Rates
\r\nCompetitive group rates are offered, and lower rates are available for non-smokers3.\r\n\r\n"}}" id="text-d1d5d02182" class="cmp-text"> Coverage Maximum
Up to $1,000,000 coverage for your total authorized business credit1 products.
Tax-Free Payments
A tax-free, lump-sum up to $1,000,0002 is paid towards the outstanding balance on your business credit product for approved claims2.
30-Day review period
This plan includes a review period of 30 days for you to examine your certificate of insurance. If you are not completely satisfied, you can cancel your coverage within this period, and you will receive a refund for any premiums paid. If you cancel any time after this period, any unearned premium will be refunded.
Competitive Group Rates
Competitive group rates are offered, and lower rates are available for non-smokers3. Explore TD Business Credit Protection

Business Credit Life Insurance

Business Credit Living Benefit Insurance

Coverage overview

Can pay up to $1,000,0002 toward your outstanding authorized insured business credit balance should you pass away or experience a covered accidental dismemberment1.

Critical Illness coverage can pay up to $1,000,0002, with a maximum of $500,000, toward revolving credit products1, if you are diagnosed with life-threatening cancer, acute heart attack, or stroke1.

Disability coverage can pay a monthly benefit equal to the lesser of $3,0002 or 1% of the total insured business credit outstanding balance for a maximum of 24 months per disability, up to an overall maximum of 48 months, if you become totally disabled1.

Eligibility to Apply

You can apply if you are: a Canadian resident1, 18 to 69 years old, and the owner of a business.

Please refer to the FAQs section for additional eligibility criteria.

You can apply if you are: a Canadian resident1, 18 to 55 years old, and the owner of a business.

Please refer to the FAQs section for additional eligibility criteria.

Factors used to calculate premiums

Age at billing date Smoking status3 Sex at birth Average of the daily life insurance coverage during the insurance billing period Average daily business credit outstanding balance during the insurance billing period

How to Apply

Book an appointment to meet with an Account Manager, Small Business to complete an application, which includes selecting your coverage and answering health-related questions. Apply in branch or speak with your Account Manager, Small Business. What premiums could look like Here's what premiums could be for TD Business Credit Protection. Premiums may vary each month based on age and insured Business Credit Amount4.

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Sample Monthly Premiums ‡4:

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Here's what premiums could be for TD Business Credit Protection. Premiums may vary each month based on age and insured Business Credit Amount4.

Sample Monthly Premiums ‡4:

Business Credit Amount: $20,000

Female

Business Credit Amount: $20,000

Male

Business Credit Amount: $70,000

Female

Business Credit Amount: $70,000

Male

Business Credit Amount: $200,000

Female

Business Credit Amount: $200,000

Male

Business Credit Life Insurance & Business Credit Living Benefit Insurance

$14.26

$14.47

$49.9

$50.65

$142.56

$144.72

Business Credit Living Benefit Insurance only

$11.88

$11.02

$41.58

$38.56

$118.8

$110.16

Business Credit Life Insurance only

$2.38

$3.46

$8.32

$12.10

$23.76

$34.56

‡ The premiums above include sales tax and are for a 40-year-old, non-smoker in Ontario.

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‡ The premiums above include sales tax and are for a 40-year-old, non-smoker in Ontario.

For complete terms and conditions, including eligibility requirements, benefits, features, limitations and exclusions, refer to the respective Certificate of Insurance.

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For complete terms and conditions, including eligibility requirements, benefits, features, limitations and exclusions, refer to the respective Certificate of Insurance.

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Learn more important information with these frequently asked questions and answers.

Am I eligible for Business Credit Life Insurance?

Business Credit Life Insurance is optional creditor's group insurance coverage offered exclusively to TD Bank business credit customers who are a sole proprietorship, partnership, non_public corporation, or other entity operating a business or farm.
\r\n
\r\nEligible business credit products that can be insured include business loans (including business mortgages), TD business credit cards, lines of credit and business overdraft protection.
\r\n
\r\nYou can apply for Business Credit Life Insurance coverage if you are:
\r\n

\r\n\r\nA Canadian resident between the ages of 18–69 years old; and any one of the following:\r\nThe owner of an unincorporated business\r\nThe spouse of the owner (not applicable in Quebec),;\r\nA director or an officer (not applicable in Quebec),;\r\nA personal guarantor,; or\r\nAn essential person to the business (not applicable in Quebec).\r\n\r\n

\r\nFor residents in Quebec, to be eligible to apply for this insurance, the proposed insured person must meet the following eligibility criteria:

\r\n\r\nHave a financial interest in the company as either:\r\nThe owner of the business; or the personal guarantor of some or all of the business credit included in the Total Authorized Business Credit1 .\r\n\r\n

To learn more about eligibility for Business Credit Life Insurance, refer to the Certificate of Insurance.

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Business Credit Life Insurance is optional creditor's group insurance coverage offered exclusively to TD Bank business credit customers who are a sole proprietorship, partnership, non_public corporation, or other entity operating a business or farm.

Eligible business credit products that can be insured include business loans (including business mortgages), TD business credit cards, lines of credit and business overdraft protection.

You can apply for Business Credit Life Insurance coverage if you are:

A Canadian resident between the ages of 18–69 years old; and any one of the following: The owner of an unincorporated business The spouse of the owner (not applicable in Quebec),; A director or an officer (not applicable in Quebec),; A personal guarantor,; or An essential person to the business (not applicable in Quebec).

For residents in Quebec, to be eligible to apply for this insurance, the proposed insured person must meet the following eligibility criteria:

Have a financial interest in the company as either: The owner of the business; or the personal guarantor of some or all of the business credit included in the Total Authorized Business Credit1.

To learn more about eligibility for Business Credit Life Insurance, refer to the Certificate of Insurance.

Am I eligible for Business Credit Living Benefit Insurance?

Business Credit Living Benefit Insurance is optional creditor’s group insurance coverages offered exclusively to TD Bank business credit customers who are a sole proprietorship, partnership, non-public corporation or other entity operating a business or farm.
\r\n
\r\nEligible business credit products that can be insured include business loans (including business mortgages), TD business credit cards, lines of credit, and business overdraft protection.
\r\n
\r\nYou can apply for Business Credit Living Benefit Insurance if you are:
\r\n

\r\n\r\nA Canadian resident between the ages of 18 and 55 years; and any one of the following:\r\nThe owner of an unincorporated business,;\r\nA personal guarantor of some or all of the debt included in the Total Authorized Business Credit1 ,;\r\nThe spouse of the owner of the business (not applicable in Quebec),;\r\nA director or an officer of the business (not applicable in Quebec),; or\r\nAn employee whose contributions are essential to the business and without whom the business would have difficulty operating (not applicable in Quebec).\r\n\r\n

\r\nAdditional eligibility criteria includes:
\r\n

\r\n\r\nYou must be Actively Working for wages or have an expectation of profit,; or\r\nIf you are a personal guarantor or spouse and you do not have an occupation or work for the business, you must be able to perform all six Activities of Daily Living1.\r\n\r\n

\r\nFor residents in Quebec, to be eligible to apply for this insurance, the proposed insured person must meet the following eligibility criteria:

For all proposed insured persons, you must not have applied for or received disability payments, benefits, or disability pension from any source_, in the 24 months prior to applying.
\r\n
\r\nTo learn more about eligibility for Business Credit Living Benefit Insurance, refer to the Certificate of Insurance.

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Business Credit Living Benefit Insurance is optional creditor’s group insurance coverages offered exclusively to TD Bank business credit customers who are a sole proprietorship, partnership, non-public corporation or other entity operating a business or farm.

Eligible business credit products that can be insured include business loans (including business mortgages), TD business credit cards, lines of credit, and business overdraft protection.

You can apply for Business Credit Living Benefit Insurance if you are:

A Canadian resident between the ages of 18 and 55 years; and any one of the following: The owner of an unincorporated business,; A personal guarantor of some or all of the debt included in the Total Authorized Business Credit1,; The spouse of the owner of the business (not applicable in Quebec),; A director or an officer of the business (not applicable in Quebec),; or An employee whose contributions are essential to the business and without whom the business would have difficulty operating (not applicable in Quebec).

Additional eligibility criteria includes:

You must be Actively Working for wages or have an expectation of profit,; or If you are a personal guarantor or spouse and you do not have an occupation or work for the business, you must be able to perform all six Activities of Daily Living1.

For residents in Quebec, to be eligible to apply for this insurance, the proposed insured person must meet the following eligibility criteria:

Have a financial interest in the company as either: The owner of the business; or the personal guarantor of some or all of the business credit included in the Total Authorized Business Credit1.

For all proposed insured persons, you must not have applied for or received disability payments, benefits, or disability pension from any source_, in the 24 months prior to applying.

To learn more about eligibility for Business Credit Living Benefit Insurance, refer to the Certificate of Insurance.

How soon after applying will my coverage begin?

Once the business credit is approved, Business Credit Life Insurance and/or Business Credit Living Benefit Insurance starts on the day you apply for coverage if you've met the eligibility requirements and:

\r\n\r\nThe coverage requested is less than $500,000; and\r\nYou answer “No” to all the required health questions in the application.\r\n\r\n

If coverage requested is more than $500,000 or any answers to health questions in the application are a “Yes”, then you will need to complete a separate health questionnaire.

\r\n

If further health information is needed, you will be contacted by phone to complete a health interview. Typically, the average wait time to be contacted is within 2–3 business days. A written decision regarding your coverage approval status will be mailed to you.

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The coverage requested is less than $500,000; and You answer “No” to all the required health questions in the application.

If coverage requested is more than $500,000 or any answers to health questions in the application are a “Yes”, then you will need to complete a separate health questionnaire.

Are there any limitations or exclusions?

The coverages have certain limitations and exclusions. Here are some examples of when a Business Credit Life Insurance benefit will not be paid:

\r\n\r\nDeath or accidental dismemberment results from the insured person’s commission of a criminal offence, including driving while intoxicated.\r\nDeath occurs during the first two years of your coverage_, as the result of intentional self-inflicted injury, suicide, or attempted suicide (if this happens, we will refund all premiums you’ve paid).\r\n\r\n

Here are some examples of when a Business Credit Living Benefit Insurance benefit will not be paid:

\r\n\r\nThe insured person’s critical illness or total disability occurs due to a pre-existing condition.\r\nThe insured person is diagnosed with or has investigations that lead to a diagnosis of cancer (life-threatening), in the first 90 days after coverage starts. (Coverage will end and premiums paid will be refunded).\r\n\r\n

For complete details of coverage limitations and exclusions, please refer to the Business Credit Life Insurance or Business Credit Living Benefit Insurance Certificate of Insurance & Important Documents above.

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The coverages have certain limitations and exclusions. Here are some examples of when a Business Credit Life Insurance benefit will not be paid:

Death or accidental dismemberment results from the insured person’s commission of a criminal offence, including driving while intoxicated. Death occurs during the first two years of your coverage_, as the result of intentional self-inflicted injury, suicide, or attempted suicide (if this happens, we will refund all premiums you’ve paid).

Here are some examples of when a Business Credit Living Benefit Insurance benefit will not be paid:

The insured person’s critical illness or total disability occurs due to a pre-existing condition. The insured person is diagnosed with or has investigations that lead to a diagnosis of cancer (life-threatening), in the first 90 days after coverage starts. (Coverage will end and premiums paid will be refunded).

When does my Business Credit Life Insurance or Business Credit Living Benefit Insurance end?

Business Credit Life Insurance and/or Business Credit Living Benefit Insurance may end before your business credit is fully paid. Some examples of scenarios when coverage may end include:

\r\n\r\nThe insured person is no longer associated with the business, or no longer meets the ongoing eligibility requirements.\r\nWe are notified that authorized business credit has been transferred to another bank or financial institution.\r\nThe insured person dies.\r\n\r\n

We will refund any premiums we may owe you after your coverage ends. You can cancel at any time. If you cancel your coverage within the first 30 days, any premiums paid will be refunded and coverage will be considered never to have been in force. If a claim is made within the first 30 days, a refund is not provided.

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For complete details on when coverage ends, please refer to the Business Credit Life Insurance or Business Credit Living Benefit Insurance Certificate of Insurance & Important Documents above.

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Business Credit Life Insurance and/or Business Credit Living Benefit Insurance may end before your business credit is fully paid. Some examples of scenarios when coverage may end include:

The insured person is no longer associated with the business, or no longer meets the ongoing eligibility requirements. We are notified that authorized business credit has been transferred to another bank or financial institution. The insured person dies.

For complete details on when coverage ends, please refer to the Business Credit Life Insurance or Business Credit Living Benefit Insurance Certificate of Insurance & Important Documents above.

How do I apply?

The first step is to complete the application, which includes selecting your coverage and answering health-related questions.

\r\n

Depending on the coverage amount requested and your response to health questions, you may also be required to complete a health interview.

\r\n

You can apply in branch or speak with your Small Business Account Manager.

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The first step is to complete the application, which includes selecting your coverage and answering health-related questions.

Depending on the coverage amount requested and your response to health questions, you may also be required to complete a health interview.

You can apply in branch or speak with your Small Business Account Manager.

How are my business credit life insurance premiums calculated?

The premium rate used to calculate your insurance premium is based on your:

\r\n\r\nAge at billing date\r\nSmoking status3\r\nSex at birth\r\n\r\n\r\n"}}" id="text-b8ac7db237" class="cmp-text">

The premium rate used to calculate your insurance premium is based on your:

Age at billing date Smoking status3 Sex at birth Business Credit Life Insurance premiums are based on: \r\nThe insured person’s premium rate\r\nThe average of the daily life insurance coverage during the billing period\r\n\r\n

The cost of insurance will vary over time. Business Credit Life Insurance premiums, plus any applicable sales taxes, are calculated separately for each person insured under your Total Authorized Business Credit. Premium payments will be withdrawn automatically on the 15th calendar day of the month, or the next business day following the 15th, from the account indicated on the application.

\r\n

To learn more about how to calculate your premiums and to see the premium rate table with examples, refer to the Business Credit Life Insurance Certificate of Insurance & Important Documents above.

\r\n\r\n"}}" id="text-43cd95d2cf" class="cmp-text"> The insured person’s premium rate The average of the daily life insurance coverage during the billing period

How are my business credit living insurance premiums calculated?

The premium rate used to calculate your insurance premium is based on your:

\r\n\r\nAge at billing date\r\nSmoking status3\r\nSex at birth\r\n\r\n\r\n"}}" id="text-2da9010993" class="cmp-text">

The premium rate used to calculate your insurance premium is based on your:

Age at billing date Smoking status3 Sex at birth Business Credit Living Benefit Insurance premiums are based on: \r\nThe insured person’s premium rate\r\nThe average daily business credit outstanding balance during the billing period, subject to the coverage maximum\r\n\r\n

Business Credit Living Benefit Insurance premiums, plus any applicable sales taxes, are calculated separately for each insured person under your Total Authorized Business Credit. Premium payments will be withdrawn automatically on the 15th calendar day of the month, or the next business day, from the account indicated on the application.

\r\n

To learn more about how to calculate your premiums and to see the premium rate table with examples, refer to the Business Credit Living Benefit Insurance Certificate of Insurance & Important Documents above.

\r\n\r\n"}}" id="text-bf0b317b25" class="cmp-text"> The insured person’s premium rate The average daily business credit outstanding balance during the billing period, subject to the coverage maximum

How do I make changes to my business credit life insurance or business credit living benefit insurance?

If you have questions about your existing coverage or want to cancel your coverage, contact us at 1-888-983-7070, Monday_Friday, 8a.m. – 8p.m. EST.

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If you have questions about your existing coverage or want to cancel your coverage, contact us at 1-888-983-7070, Monday_Friday, 8a.m. – 8p.m. EST.

How do I make changes to my business credit life insurance or business credit living benefit insurance?

If you have questions about your existing coverage or want to cancel your coverage, contact us at 1-888-983-7070, Monday_Friday, 8a.m. – 8p.m. EST.

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If you have questions about your existing coverage or want to cancel your coverage, contact us at 1-888-983-7070, Monday_Friday, 8a.m. – 8p.m. EST.

TD Protection Plan Claims If you need to make a claim, we’re ready to guide you every step of the way.

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If you need to make a claim, we’re ready to guide you every step of the way.

TD Protection Plan Claims Learn more TD Protection Plans Advice & Tips Do you need business credit protection?

Discover how to help protect your business loan if you’re unable to meet your financial obligations.

Business Credit Insurance and Unexpected Health Risks

Discover how to help protect your business loan if you’re unable to meet your financial obligations.

Ways to Apply Book an appointment

Meet with an Account Manager in person at the branch closest to you.

Book an appointment Book now Contact an Account Manager

Talk to an Account Manager Small Business (AMSB) to discuss your business needs.

Contact an Account Manager Get in touch Call us

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Canada Deposit Insurance Corporation

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Your deposits may be insurable by the Canada Deposit Insurance Corporation.

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Canada Investment Regulatory Organization (CIRO)

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CIRO regulation applies to TD Investment Services Inc. a separate company from and a wholly-owned subsidiary of the Toronto-Dominion Bank.

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www.ciro.ca

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Canada Deposit Insurance Corporation

Your deposits may be insurable by the Canada Deposit Insurance Corporation.

Learn more

Canada Investment Regulatory Organization (CIRO)

CIRO regulation applies to TD Investment Services Inc. a separate company from and a wholly-owned subsidiary of the Toronto-Dominion Bank.

www.ciro.ca

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It's where you watch your kids grow up,

Have heart-to-hearts and celebrate traditions.
It's home.
And with TD Mortgage Protection in place, if you were to be diagnosed with a covered critical illness and required conditions are met, your outstanding mortgage balance could be paid down or paid in full so you can protect your home.

Restart Transcript

Overlay text: Meet Allen. This is his real-life Credit Protection story.

Voiceover, Allen: My name is Allen Tomnik. I am a Construction Superintendent. I'm forty-years-old, married with four kids, living in Spruce Grove, Alberta.

Close-up on Allen, a Caucasian male. He wears jeans and a beige, collared T-shirt. At home in his kitchen he prepares a meal with his wife. Allen gives her a quick, affectionate kiss.

Voiceover, Allen: We were deciding whether or not we should try to find another house…

They are talking in the kitchen while standing up. Allen's wife unloads the dishwasher.

Voiceover, Allen: …or renovate and add on to the house that we lived in.

Allen sits on a couch in a living room, before a fireplace.

Voiceover, Allen: We decided that we couldn’t afford to build or buy a brand new house,

Allen stands, reviews blueprints at the kitchen table. He wears a three-quarter-length grey and blue crewneck.

Voiceover, Allen: so we decided to refinance. Our representative at TD Bank suggested the…

Allen seated on the couch in the original T-shirt.

Voiceover, Allen: …Credit Protection and my wife agreed that, you know, it was a great idea. And a day after I was approved…

Allen and his wife talk in the kitchen, she nods.

Voiceover, Allen: I had a blockage in one of my arties in my heart, a heart attack. In the back of my mind I guess I knew I was at risk. My father's side of the family has a history of heart disease.

Allen on the couch. He looks serious. He animates his speech with his hands.

Voiceover, Allen: We didn't have extra money set aside for family trips, for a rainy day, for emergencies or anything.

Allen and his wife are seated, reviewing their finances. They exchange pensive looks.

Voiceover, Allen: We were pretty much paycheque-to-paycheque. I think it was three weeks after the event they paid our mortgage off. Entirely.

Allen and his wife appear worried. Allen points at a figure on a paper. Allen on the couch. He shakes his head in relief and disbelief.

Voiceover, Allen: Having a house that we own free-and-clear gives us the lending power to build the house that will fit us.

Smiling, Allen and his wife assess their financial records.

Voiceover, Allen: And that's happening right now, we’re building a house on an acreage that we've always wanted.

Allen seated on the couch.

Voiceover, Allen: It was humbling but it also makes me realize…

Allen holds his arm around his wife. They are seated outdoors in front of plants and a garage.

Voiceover, Allen: How important it is to make sure that even if there's something that does happen to me…

Allen on the couch.

Voiceover, Allen: …that my family's taken care of.

Allen in the kitchen. He smiles and looks toward the window.

Overlay text: TD Credit Protection. Helping real people like Allen every day. Visit your branch to learn more or apply.

Restart Transcript

ANNCR VO: Given these uncertain times we are all facing, Canadian residents have a renewed interest in insurance products. So, we want to make sure you’re aware of the job loss, total disability and life coverages that are available to you for your credit card account.

VO: Introducing TD Credit Card Payment Protection Plan. Designed to help safeguard your financial well-being.

Here’s the deal; you could be balancing a lot: car loans, house payments, living expenses and credit card balances.
One unexpected event…

...can throw everything up in the air.

Payment Protection Plan includes protection for a covered job loss and total disability.

In the case of an approved claim, Payment Protection Plan could make monthly payments of 20% of your eligible credit card statement balance up to a maximum of $25,000.

You should also know, if your job loss or total disability (as defined in the Certificate of Insurance) lasts 5 months or longer, your balance could be paid in full.

This plan also includes loss of life coverage, which means, if you pass away, a payment equal to your eligible outstanding credit card balance upon the date of death will be made to the account, up to a maximum of $25,000.

For every $100 of your insured statement balance, the cost of the coverage is $1.20, plus applicable taxes.

Note that, for residents of Quebec, the rate is per $100 of your average daily balance, plus applicable taxes.

You insure your home, car and health, and you also have the option to help protect your credit card balance.

Payment Protection Plan could pay or reduce your balance in the event of a covered job loss, total disability or loss of life.

It could provide financial help when you might need it most.
To learn more or to enrol in the Payment Protection Plan, call us at 1-800-294-8602.

SUPER: [Legal Disclaimer] Life coverage is underwritten by American Bankers Life Assurance Company of Florida and Job Loss and Total Disability coverages are underwritten by American Bankers Insurance Company of Florida. 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 enrolment. Eligibility requirements, limitations and exclusions apply, and vary by benefit.

Restart Transcript

ANNCR VO:
Introducing TD Credit Card Payment Protection Plan, designed to help you deal with your TD Credit Card payment obligations in the event of a covered job loss, total disability, or loss of life.

VO:
We’re all facing uncertain times…

VO: …and nobody wants to imagine that they might lose their job. So for now, let’s take a closer look at job loss coverage.

VO:
If you’re under the age of 66, lose your job through no fault of your own, and remain unemployed for more than 30 consecutive days, you may be entitled to receive job loss benefits for your insured credit card.

VO:
To be eligible, you must have been employed with the same employer for at least 3 consecutive months and must have been working for at least 25 hours a week. Your job loss coverage starts 30 days after you enrol in Payment Protection Plan.

VO:
What do you get? If your claim is approved, a benefit payment of 20% of your credit card balance on the statement date on, or immediately before your job loss will be applied to your credit card for every month that your unemployment continues….

VO:
….up to a maximum benefit of $25,000.

VO:
That means if your covered job loss lasts 5 months or more, your entire balance could be paid.

VO:
How much does Payment Protection Plan cost? For every $100 of your insured statement balance, the cost of the coverage is $1.20, plus applicable taxes.

VO:
Note that, for residents of Quebec, the rate is per $100 of your average daily balance, plus applicable taxes.

VO:
When can you file a claim? You can submit your job loss claim once you’ve been out of work for more than 30 consecutive days.

VO:
On average, job loss benefit payments are made to your credit card account within 4 business days of your claim being approved.

VO:
Out of work when you enrol? You can still be covered for total disability and life coverages right away.

VO:
And, once you return to work for 3 months in a row at 25 hours a week, you can become eligible for the job loss coverage.

VO:
What is not covered? Not every employment circumstance is eligible for the job loss benefit, for example: if you work for yourself, have a seasonal job, quit or were fired for cause.

VO:
Payment Protection Plan could provide financial help when you might need it most. To learn more or to enrol in the Payment Protection Plan, call us at 1-800-294-8602.

SUPER: [Legal Disclaimer]
Life coverage is underwritten by American Bankers Life Assurance Company of Florida and Job Loss and Total Disability coverages are underwritten by American Bankers Insurance Company of Florida. 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.

1 As defined in the respective Certificates of Insurance. Exclusions and limitations apply.

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1 As defined in the respective Certificates of Insurance. Exclusions and limitations apply.

2 In the event of an approved claim, the insurer can pay the insurance benefit to The Toronto-Dominion Bank to pay off or reduce your outstanding insured business credit, subject to maximum coverage limits as outlined in the Certificate of Insurance. Restrictions and limitations apply.

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3 To be eligible for non-smoker rates, the Insured Person must not have smoked or used any substance or product containing tobacco, nicotine or marijuana within the 12 months of the effective date of coverage. If the Insured Person told us that he/she/they was a smoker and it has been 12 months or more since he/she/they last smoked or used any substance or product containing tobacco, nicotine or marijuana, he/she/they can apply for non-smoker rates by completing a Business Credit Life Insurance Notification of Change Form.

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4In this example, "Business Credit Amount" represents the following: the average of the daily life insurance coverage during the billing period for Business Credit Life Insurance; and the average daily business credit outstanding balance during the billing period for Business Credit Living Benefit Insurance. For details on how to calculate your premiums, refer to the respective Certificate of Insurance.

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Accidental dismemberment coverage is provided by TD Life Insurance Company (“TD Life”). All other coverages are provided by The Canada Life Assurance Company (“Canada Life”). TD Life is the authorized administrator for this insurance. All customer enquiries should be directed to 1-888-983-7070. TD Life is located at P.O. Box 1, TD Centre, Toronto, ON M5K 1A2. The Canada Life Assurance Company is located at 330 University Avenue, Toronto ON M5G 1R8, toll-free number: 1-800-380-4572. For more details on insurer and/or administrator, as well as all benefits and restrictions, please refer to the respective Certificate of Insurance or Product Summary, Fact Sheet, and Certificate of Insurance (Quebec only).

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TD Business Credit Protection,AI智能索引,全网链接索引,智能导航,网页索引

Help protect your business financially should you or someone essential to the business experiences a covered life event.