CTFS Optional Products - Insurance & Deposit Solutions

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Triangle® Credit Protector Complete™ and Triangle® Credit Protector Life & Disability™

Can help you pay down the outstanding balance, or make the monthly payments on your Canadian Tire Bank issued credit card** when you and your family may need it most.

Coverage information for Credit Protector insurances chart
Coverage Information	Triangle^® Credit Protector Life and Disability^™	Triangle^® Credit Protector Complete^™
Life Coverage Covers You in the event of death. You must be under the age of 80. One-time payment of outstanding credit card balance, up to $20,000**.
Total Disability Coverage Covers You if You become Totally Disabled. Monthly benefit payments of up to 20% of the Balance Due on Your Account, up to $4,000**.
Involuntary Unemployment Coverage Covers You if You lose Your job through no fault of Your own or lose Your Self-Employment due to the closure of Your business for financial reasons. Monthly benefit payments of up to 20% of the Balance Due on Your Account, up to $4,000**.
Eligibility	Ages 18 to under 76 (Coverage ends at age 80)	Ages 18 to under 75 and Employed or Self- Employed (Coverage ends at age 80)
Insurance Tools	Certificate of Insurance Summary and Fact Sheet (QC only)	Certificate of Insurance Summary and Fact Sheet (QC only)
Cost	$1.00 per $100* of Your Average Daily Balance, plus applicable taxes.	$1.15 per $100* of Your Average Daily Balance, plus applicable taxes.

45-Day Right to Review

If you choose to cancel your coverage within the first 45 days of issuance of your Certificate of Insurance, any premiums you have paid will be credited to your Canadian Tire Bank issued credit card account.

Enrol today by logging into your Online Account.
(Don’t have an Online Account? Sign up today.)

You’ll be prompted to review/update the Employment Information on your account. This information will help determine which insurance coverage is most appropriate for your situation.

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How to Submit a Claim

Contact the insurer to submit a claim, check your claim status, or get more information regarding a claim.

Additional Information

Enrolment in Triangle Credit Protector Complete or Triangle Credit Protector Life & Disability is optional and can be cancelled at any time.
If you enrol in Triangle Credit Protector Complete or Triangle Credit Protector Life & Disability, your coverage is effective upon enrolment.
You will receive a welcome package to confirm your enrolment. It contains a Certificate of Insurance (Quebec residents will also receive a copy of the Summary and Fact Sheet) and the complete details of the coverage such as benefits, limitations, exclusions and information on how to cancel or make a claim.
There exists on the market other insurance products that may include coverage similar to those offered by Triangle Credit Protector Complete and Triangle Credit Protector Life & Disability. You may want to verify whether or not you already have insurance that provides similar coverage.
Canadian Tire Bank has a financial interest in the sale of this insurance.

^* Billed to your Canadian Tire Bank issued credit card. Plus applicable taxes, payable monthly. See Certificate of Insurance for all exclusions, restrictions, limitations, terms and conditions. ↩

^** Benefits are paid to Canadian Tire Bank ↩

^®/TMTriangle Credit Protector Complete and Triangle Credit Protector Life and Disability are group creditor insurance programs underwritten by American Bankers Life Assurance Company of Florida (ABLAC) and/or American Bankers Insurance Company of Florida (ABIC). ABLAC and ABIC, their subsidiaries, and affiliates carry on business in Canada under the trade name of Assurant^®. ↩

^® Assurant is a registered trademark of Assurant, Inc.

^®/TMCredit Protector Life & Disability is a trademark of Canadian Tire Bank.

^®/TMCanadian Tire, Canadian Tire logo, Canadian Tire Bank, Triangle, and the Triangle design are registered trademarks of Canadian Tire Corporation, Limited and are used under licence. ↩

¹ Interest rates are annualized and are subject to change without notice. Interest is paid monthly and is calculated daily based on the daily closing balance in the account.

² Interest rate is in respect of the Canadian Tire Tax Free^® High Interest Savings Account and is annualized. Interest is calculated daily based on the daily closing balance and is paid monthly. We may from time to time, without notice to you, change the interest rate that we pay.

³ Interest rates are annualized and are subject to change without notice, and therefore the rate that you receive may be different. For limited time interest rate offers, the minimum balance stated in the offer is required to obtain the higher rate of interest, and for all other interest rates, a minimum investment of $5000 is required. Interest is calculated at the applicable annual interest rate based on the principal amount and the number of days in the term of your GIC. Interest is paid on the maturity of your GIC - until then you will earn interest on accrued and unpaid interest (compound interest), which will be calculated annually. Alternatively, you can choose to be paid interest annually. If you have a redeemable GIC and the principal amount before maturity, you will instead receive interest on the redeemed amount at the early redemption rate that we then pay on GICs of the same term - which will be at a lower rate. If you have a non-redeemable GIC, you may not redeem your GIC prior to its maturity, but if you die while holding your GIC in your own name (and not jointly) or if you move to Quebec or outside Canada, then your GIC will be terminated and you will receive interest only up to the date of termination. If you hold your GIC in a TFSA and in order to obtain a refund of an overcontribution to the TFSA, you must redeem the GIC, or if you wish to transfer all or part of your GIC to another TFSA, then in either case you will forfeit all interest that has accrued on the GIC.

Rates of interest disclosed on this site are annualized and are subject to change without notice.