Does the Scotiabank Value Visa Card include travel insurance?

No. The Value Visa Card includes no travel insurance — no emergency medical, trip cancellation or interruption, flight or baggage delay, travel accident, or hotel burglary coverage. If you are travelling, you will need a standalone travel insurance policy.

Does the card have emergency medical coverage abroad?

No. There is no out-of-country emergency medical or hospital coverage on this card. Any medical bills incurred while travelling are entirely your responsibility unless you buy separate travel medical insurance.

Does the Value Visa cover rental car damage (CDW)?

No. The card provides no rental car collision/loss damage waiver. When renting, you must either accept the rental agency's own damage waiver or rely on a standalone policy.

Does it include purchase protection or an extended warranty?

No. The Value Visa Card has no purchase security, extended warranty, mobile device, price, return or identity theft protection.

What is Scotia Credit Card Protection?

It is an optional, paid, opt-in balance-protection plan (underwritten by Chubb Life Insurance Company of Canada) that can cover or pay your minimum payments or balance in events such as disability, critical illness, job loss or death. It protects your account balance — not your purchases or your trips — and is a separately-priced add-on, not a free card benefit. Details: 1-855-753-4272 or scotiabank.com/creditcardprotection.

What does the Value Visa Card actually offer?

Its main draw is a low ongoing interest rate (13.99% on purchases and cash advances) plus a 0.99% introductory balance-transfer rate for the first 9 months. It also carries standard Visa Zero Liability fraud protection and an up-to-25% Avis car-rental discount. It earns no rewards.

Is there an annual fee?

Yes — $29 for the primary card (waived for the first year), and $0 for each additional supplementary card.

My card has no travel insurance — how do I get covered for a trip?

Because the Value Visa includes no travel coverage, the simplest option is a standalone travel insurance policy sized to your trip. You can compare travel insurance quotes on HelloSafe to find emergency medical, trip cancellation and baggage coverage that fits your destination, age and trip length.

What does the insurance on my Scotiabank Value Visa card actually cover?

Scotiabank·CA$29/year·Visa

Pauline LauroreAuthor of HelloSafe's card insurance reviewsUpdated June 29, 20268 min read

0,1/5Independent review · verified June 2026

Travel Insurance

0,0

Car Rental

0,0

Protection

0,0

Our Verdict · Travel Insurance

Our take on travel insurance for the Scotiabank Value Visa

Expert review · Pauline LauroreAuthor of HelloSafe's card insurance reviews

The Scotiabank Value Visa Card includes no travel insurance of any kind — no emergency medical, trip cancellation/interruption, flight or baggage delay, common carrier accident, or hotel burglary coverage. It is a low-interest card built to carry a balance cheaply, not to provide travel protection. If you are travelling, you will need a standalone travel insurance policy.

What works on travel

Low 13.99% interest rate is unrelated to travel but useful for carrying a balance

Where travel breaks down

No emergency medical coverage abroad
No trip cancellation or interruption coverage
No flight or baggage delay coverage
No travel accident or hotel burglary coverage

Our methodology

Every score is derived from official bank documents: terms and conditions, benefit guides, and claim procedures. No commercial relationship influences our ratings.

Travel Insurance · 11 guarantees

What does Scotiabank Value Visa Travel Insurance actually cover?

The Value Visa Card includes no trip cancellation insurance; non-refundable prepaid travel costs are not reimbursed if you cancel before departure.

There is no emergency medical or hospital coverage abroad on this card; out-of-country medical bills are entirely your responsibility.

No emergency repatriation or medical evacuation coverage is provided.

No trip interruption coverage; extra costs from cutting a trip short are not reimbursed.

No flight or travel delay coverage; meals, accommodation or expenses from a delay are not reimbursed.

No missed connection coverage is provided.

No early return coverage is provided.

No baggage delay coverage; expenses incurred while your bags are delayed are not reimbursed.

No lost or stolen baggage coverage is provided.

No common carrier travel accident (AD&D) coverage is provided.

No hotel or motel burglary coverage is provided.

Policy document 1

Policy document 2

We source benefits from official card guides, but PDFs are sometimes hard to obtain or update. Spotted something off?

Report an error Send updated PDF

Coverage Radar

Where the Scotiabank Value Visa wins, where it loses

Coverage snapshot for this tab — click any layer to highlight its scores.

Compare

Value VisaThis card0.1/5?

$29/yr

With travel insuranceIdeal

Complete coverage · 5.0 / 5

Premium card avg.

$150 avg. annual fee

Click a layer to highlight its scores on the radar.

Side-by-side comparison

How the Scotiabank Value Visa stacks up against the alternatives

Same 5 coverage dimensions, ranked head-to-head against the cards most Value Visa shoppers also consider.

Card	This card Value Visa Scotiabank · $29/yr 0.1/5?	Gold American Express Scotiabank · $120/yr 4.0/5?	Rewards World Elite Mastercard BMO · $150/yr 4.3/5?	World Elite Mastercard ATB Financial · $120/yr 4.1/5?
Trip cancellation Per person, per trip cap	Not covered Cover this gap →	$1,500 / person (max $10,000 / trip)	$2,500 / person ($5,000 / account) $0 deductible	$1,000 / person (max $5,000 / trip)
Emergency medical Hospital bills abroad	Not covered Cover this gap →	$1,000,000 / person	$2,000,000 (under 65, first 21 days) First 21 days only	$2,000,000 / person · ≤22 days · under 65
Emergency evacuation Air ambulance + repatriation	Not covered Cover this gap →	Included	Actual cost (pre-authorization required) Pre-authorization required	Included (within medical)
Trip delay trigger Hours before benefits kick in	Not covered Cover this gap →	$500 / person (up to 48 h)	$500 / account / trip (6h+ delay) Trigger: 6 hours	$500 / trip ($250/day, up to 2 days)
Trip interruption Covered amount	Not covered Cover this gap →	$1,500 / person (max $10,000 / trip)	$2,000 / person Up to $2,000 / person	$1,000 / person (max $5,000 / trip)

StrongLimited / misleadingNot covered

Data verified against each card's Guide to Benefits, May 2026.

Optional Scotia Credit Card Protection

1-855-753-4272

Optional paid product (not a free card benefit) · Mon–Fri, business hours

General Scotiabank Visa card support

1-888-882-8958

Card servicing only — not insurance assistance · 24/7

Benefit administrator: None — no card-benefit insurance

Claims & pre-authorizations

No. The Value Visa Card includes no travel insurance — no emergency medical, trip cancellation or interruption, flight or baggage delay, travel accident, or hotel burglary coverage. If you are travelling, you will need a standalone travel insurance policy.
No. There is no out-of-country emergency medical or hospital coverage on this card. Any medical bills incurred while travelling are entirely your responsibility unless you buy separate travel medical insurance.
No. The card provides no rental car collision/loss damage waiver. When renting, you must either accept the rental agency's own damage waiver or rely on a standalone policy.
No. The Value Visa Card has no purchase security, extended warranty, mobile device, price, return or identity theft protection.
It is an optional, paid, opt-in balance-protection plan (underwritten by Chubb Life Insurance Company of Canada) that can cover or pay your minimum payments or balance in events such as disability, critical illness, job loss or death. It protects your account balance — not your purchases or your trips — and is a separately-priced add-on, not a free card benefit. Details: 1-855-753-4272 or scotiabank.com/creditcardprotection.
Its main draw is a low ongoing interest rate (13.99% on purchases and cash advances) plus a 0.99% introductory balance-transfer rate for the first 9 months. It also carries standard Visa Zero Liability fraud protection and an up-to-25% Avis car-rental discount. It earns no rewards.
Yes — $29 for the primary card (waived for the first year), and $0 for each additional supplementary card.
Because the Value Visa includes no travel coverage, the simplest option is a standalone travel insurance policy sized to your trip. You can compare travel insurance quotes on HelloSafe to find emergency medical, trip cancellation and baggage coverage that fits your destination, age and trip length.