Insurance at CIBC

Creditor Insurance

Get help paying off, reducing your balance or making your payments in the event of death, disability or job loss.

Including insurance as part of your overall financial plan and choosing from a range of solutions for your CIBC Mortgage Loan, Personal Line of Credit, Credit Card or Personal Loan can help you and your family cover your loan payments in the event of disability, job loss*, critical illness** or in the event of death.


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*Job loss Insurance coverage is not available for CIBC Personal Lines of Credit.

** Critical Illness insurance coverage is available for CIBC Mortgage Loans and Credit Cards.

Creditor Insurance for CIBC Mortgages, CIBC Personal Lines of Credit and CIBC Personal Loans are optional creditor’s group insurance underwritten by The Canada Life Assurance Company (Canada Life). CIBC Payment Protector™ Insurance for Credit Cards is optional creditor’s group insurance underwritten by Canadian Premier Life Insurance Company (Premier Life). CIBC Travel Insurance is underwritten by Co-operators Life Insurance Company and The Sovereign General Insurance Company.