Co-operators Creditor Insurance Solutions
Partner with us to design a creditor insurance program that gives your borrowers peace of mind and drives growth for your business.
Build a stronger lending experience with Co-operators
As a leading all-Canadian financial services co-operative, we take a community-minded approach to how we do business. We’re rooted in our purpose to provide financial security for Canadians and our communities.
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Since 1945, we’ve been providing Canadians with the products, solutions and advice they need to feel confident about the future. We combine over 80 years of experience with data-driven insights and performance-tracking dashboards. Co-operators Creditor Insurance Solutions delivers added value and financial protection to your borrowers.
Our AM Best A ratings in Insurer Credit Rating and Financial Strength Ratio means that when you partner with us, you can feel confident in our strong financial position.
Discover our comprehensive coverage for your borrowers
Loss of employment
If your borrowers face unexpected job loss, our coverage can help with monthly payments.
Disability
In the event of a disability, our coverage can help your borrowers cover monthly payments.
Critical illness
If your borrowers are diagnosed with a covered illness, our coverage can help pay off their loans.
Life
In the event of a death, our coverage can help pay off any outstanding loan balances.
Value for you and your borrowers
Benefits for your business
Grow into a full-service financial organization
Provide your borrowers with holistic financial solutions that go beyond lending and protect your business against risk of non-payment.Boost your revenue and grow your business
Generate incremental revenue through insurance.
Design a custom creditor insurance program
We’ll partner with you to design a custom creditor insurance program with flexible sales and compensation models that work with your business’ strategy.
On-demand training and support
Empower your teams to discuss, promote and sell creditor insurance through training and coaching. We provide in-person and virtual options to deliver the support you need.
Benefits for your borrowers
Simple quoting and application process
Your borrowers can enjoy a quick and easy quoting and application process, both online and in person.
Flexible, affordable options
Provide your borrowers with options that fit their budget.
Upfront underwriting
Give your borrowers total clarity from day one.
Seamless online claims experience
Provide your borrowers with an intuitive online claims experience.
Claims support with a 92% claims payout rate
Be there for your borrowers when they need it most.
Learn more about Co-operators Creditor Insurance Solutions
Partner with us
Let’s work together to design a creditor insurance program that protects your customers and helps your business grow.
Email: creditorinsurancesolutions@cooperators.caCreditor’s group insurance is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrolment intake, medical underwriting and claims administration, are provided by the employees of CUMIS Services Incorporated, a subsidiary of Co-operators Life Insurance Company.
Not all products are available in all provinces. Rates, coverage and eligibility vary by province. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the group policyholder and is subject to terms, conditions, exclusions and eligibility requirements. See the product guide and certificate of insurance for full coverage details.
This material is provided for informational purposes only. Please refer to the policy for applicable coverage details, limitations, and exclusions.
In Quebec, a licensed insurance advisor is a Financial Security Advisor or a Representative.
www.cooperators.ca | 1-800-265-2662Co-operators® is a registered trademark of The Co-operators Group Limited and is used with permission.
© Co-operators Life Insurance Company