Accord D financing
Credit Balance Insurance – Individuals covers the following Accord D financing methods, if they are indicated on your account statements:
- equal instalment financing;
- deferred payment financing.
As of September 11, 2005, death and disability insurance coverage only for the primary account holder will be included in Accord D financing plans obtained at the branch, whether or not you took out Credit Balance Insurance. Thus, you will no longer have to pay insurance premiums on Accord D financing plans obtained at the caisse as of September 11, 2005.
If you have Credit Balance Insurance, your Accord D financing plans obtained at the caisse will also be covered by the other insurance coverage you already have (accidental dismemberment, involuntary loss of employment and serious illness). However, the insurance for this kind of financing will not apply to co-account holders or to the spouse of the primary account holder.
To find out more about insurance included in the cash advances by equal instalments and RRSP financing, see the guide (PDF, 634 KB)
Some conditions apply to this product. Please see the Notices section.
