Creditor insurance (also called credit protection) is optional coverage you can buy to help cover your PNB debt balances in case of death, disability, critical illness or job loss (Job Loss coverage is available on eligible PNB credit cards only. Critical illness coverage is not available on PNB credit cards.). Here’s how it works and why it can be a smart way to help protect yourself and your family.

Most of us carry some debt—for a home or a car—or on a credit card. When life goes as planned, these debts fit into your budget nicely. It’s when something unexpected happens that debt can become an issue. That’s where creditor insurance comes in; it can help cover your debt to help prevent it from becoming a burden to you or your family.

Without creditor insurance, you may have to rely on savings or other insurance you have to repay debt—and this can dramatically reduce the money you or your family can put towards other needs.

On May 1, 2020, we replaced Travel HealthProtector insurance with a new travel insurance product lineup.

PNB clients1 can now enjoy:

More choice, including robust travel insurance packages and travel medical plans
Trip cancellation and interruption insurance as part of a package or stand-alone plan
A shorter and simpler medical questionnaire (for clients age 65 and older vs. age 60 and older)
1) PNB client is defined as a client of the PNB Companies or a spouse or child(ren) of a client.