Group Specialty Market Programs

At the Co-operators we partner with clients in the auto, finance and retail sectors to provide comprehensive Credit Protection Insurance coverage for their customers personal loans, lines of credits, mortgages and credit card balances.

Credit Protection Insurance, also known as Creditor’s Insurance, Creditor’s Group Insurance, or Credit Insurance, is used to pay out a mortgage or loan balance (up to the maximum specified in the certificate of insurance) or to make debt payments on the customer’s behalf in the event of death, disability, job loss or critical illness. Creditor Protection can be obtained for a variety of debt obligations, including mortgages, consumer loans, lines of credit and credit cards.

You can count on our team of insurance experts and our dynamic Credit Protection product suite to help your customers meet their credit obligations if something unexpected happens.

Quebec residents, please refer to the Distribution Guide, Summary and Product Guide and Certificate of Insurance for complete terms and conditions.

Auto Dealers:

Retailers:

Credit Protection Insurance coverage is optional and is underwritten and provided by Co-operators Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.