Creditor Insurance

Creditor Insurance for CIBC Borrowing Solutions

CIBC Creditor Insurance products can help give you the financial protection you need if you’re unable to make a payment to your CIBC Credit Card, Personal Line of Credit, Personal Loan or Mortgage due to death, disability or job loss*.

We offer the following optional creditor insurance products for your CIBC Mortgage, Personal Line of Credit, Personal Loan or Credit Card:


*Job loss is not available on CIBC Personal Lines of Credit.

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. CIBC Payment Protector™ Insurance for Credit Cards is optional creditor’s group insurance underwritten by Canadian Premier Life Insurance Company. These insurance products are administered by the respective insurers and CIBC. These insurance products are subject to eligibility conditions, limitations and exclusions (which are circumstances when benefits are limited or not paid), which may be viewed at cibc.com and are described in the Certificate of Insurance you receive upon enrolment. Creditor Insurance for CIBC Personal Lines of Credit and CIBC Personal Loans and CIBC Payment Protector™ Insurance for Credit Cards are subject to pre-existing health condition exclusions. This is a general description only. Products and their features may change at any time.

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