1 Job loss insurance coverage isn’t available on CIBC Personal Lines of Credit. Job loss insurance for Personal Loans pays a benefit equal to the interest payable on your insured loan, up to a maximum of 6 months per incidence of job loss.
2 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 plans are underwritten by Co-operators Life Insurance Company (accident and sickness benefits) and The Sovereign General Insurance Company (property and casualty benefits). CIBC Travel Insurance is administered by Allianz Global Assistance, which is a registered business name of AZGA Service Canada Inc. Allianz Global Assistance provides the CIBC travel assistance and claims services in respect of all insurance coverage under CIBC Travel Insurance plans. CIBC earns compensation from the insurer for the promotion of CIBC Travel Insurance plans.