In Life, Things Happen

Losing your job unexpectedly can have a dramatic impact on your financial security, and your ability to manage your monthly loan payment obligations. One way to ease financial stress during difficult and unpredictable times is by making sure you have payment protection insurance to cover your main expenses, so that you can focus on finding your next opportunity.

Disabilities are More
Prevalent Among Women

One way to ease financial stress during difficult and unpredictable times is by making sure you have payment protection insurance to cover your main expenses.

Employment Rates for Working-Age Adults

59%
or persons with disabilities

80%
for persons without disabilities

Features

›  No medical questionnaire or exams
›  Tax-free
›  No smoker premium charge
›  Cancellable at anytime
›  Premiums can be included with the vehicle financing

WHAT CAN PAYMENT PROTECTION INSURANCE DO FOR YOU?

› Provide affordable protection like Disability and Loss of Employment Insurance for you should you involuntarily become disabled or unemployed.

› Protect you and your family from damage to your credit rating, repossession or bankruptcy.

› Pays off or reduces your outstanding loan payments if something happens to you.

› Protection against the added stress of worrying about your vehicle loan while you’ll be living with less income to pay for household expenses.

› Available in conjunction with Disability Insurance as one package.


SmartGuard is an insurance product offered by SmartProgram Services Inc., a licensed third party administrator.
1-888-548-8088

Creditor’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. 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. To contact Co-operators Life Insurance Company visit www.cooperators.ca or call 1-800-263-9120.

Sources: Statistics Canada, cancer.ca/statistics and heartandstroke.ca/ helpguide.org

Underwritten and Administered by Co-Operators