Canada Protection Plan is a Canadian owned and operated corporation that designs, markets and sells life insurance and related products with simplified underwriting processes that require no medical exams on many of our plans.
Our sister company, TPA Outsourcing Inc., provides complete policyholder service support on all of our policies. Canada Protection Plan products can be purchased through over 25,000 independent insurance advisors across Canada or through our own Licensed Insurance Advisors by contacting our Call Centre.
Canada Protection Plan was founded in 1992 in Toronto. At that time, we offered one No Medical permanent insurance product for sale through independent insurance advisors.
Our business has expanded in many ways over the years. First, we developed a suite of permanent No Medical products so that clients had a choice. Then, in 2006, we introduced several term insurance options.
We introduced our Call Centre and direct to consumer sales began in 2006. In 2008, Call Centre sales could be completed over the phone.
Today, we are proud to offer our customers many options to make it easier than ever to purchase Simplified Issue and No Medical life insurance.
Compassion – We care about our policyholders, our distributors, our employees and our communities. We make every effort to do the right thing for each of our constituents.
Competitive – We always aim to offer competitive product options, features and rates.
Affordable – Our rates are very competitive and often lower when compared to similar plans and benefits.
Secure – All Canada Protection Plan policies are underwritten by financially sound Canadian Life Insurance Companies and protected by Assuris, the organization that protects Canadian policyholders if their life insurance company should fail.
Community Focused – We believe that our success obligates us to give back to our communities. Canada Protection Plan is a generous contributor and involved with many charitable causes.
Canada Protection Plan is one of Canada’s leading suppliers of Simplified Issue and No Medical life insurance. We remain at the forefront in this market, expanding product choices and purchase options to make it easier than ever to obtain the insurance you need.
At Canada Protection Plan, we are dedicated to providing Canadians with insurance coverage that gives protection against unexpected events at a competitive price.