Canada Protection Plan
Canada Protection Plan (French: Plan de protection du Canada) is a Canadian life insurance distribution company headquartered in Toronto, Ontario. Founded in 1992, its primary product is "no medical and simplified issue" life insurance sold directly and through a network of insurance advisors. In November 2019, the company opened an office in Montreal, Quebec.
| Company type | Subsidiary |
|---|---|
| Industry | Insurance |
| Founded | 1992 |
| Headquarters | Toronto, Ontario, Canada |
Key people | Matt Berman (President, Foresters Financial in the U.S. and Canada) |
| Products | Life insurance |
| Parent | Foresters Financial |
| Website | cpp |
On October 1, 2020, Canada Protection Plan was acquired by Toronto-based fraternal life insurer Foresters Financial. Foresters has been the exclusive underwriter of Canada Protection Plan's life insurance products since 2008. With the acquisition, Canada Protection Plan is now a Foresters Financial company. Foresters continues to operate as it did in the United Kingdom and the United States.
Matt Berman, the President of Foresters Financial in the U.S. and Canada, also oversees Canada Protection Plan.