Canadian Tire Financial Services Insurance Reviews
Canadian Tire Financial Services Insurance has a rating of 4.5 out of 5 by Insurance Go.
According to their website, Canadian Tire Financial Services is a firm that is dedicated to marketing the Canadian Tire Options MasterCard portfolio to more than 4,000,000 members. They have been in the Niagara community for more than 40 long years, and have been noted for their professional dedications and work.
If you're serious about finding the perfect insurer, you should read through several reviews before you decide on the perfect insurance company. Other related reviews include Canadian Tire Financial Services Insurance Reviews, Reliable Life Insurance Reviews and London Life Insurance Reviews.
Looking at Canadian Tire Financial Services Insurance's website, I learned that the products they offered were credit cards and of course, insurance. They only have one line of insurance products, which is their Credit Protector Insurance underwritten by Assurant Solutions. There are many ways how this policy will be able to benefit you, and in this review we will be looking at some of them.
Basically, the Credit Protector Insurance is similar to a Loss of Income Insurance but for your credit cards payments. It is a fact that a lot of people are choosing the convenience way of using cards to pay for expenses, and the only way that they are able to pay back the money they owe is through their jobs. But what happens if you lose your job?
Canadian Tire Financial Services will be able to pay you 3% of your outstanding balance when you are jobless, of up to $1,000 a month. This is, however, only available if you lost your job in a way that was not your fault, or if it was because you became disabled or diagnosed with a critical condition.
Another thing worth knowing is that if your spouse passes away or suffers from a terminal illness, you will also be able to make a claim by receiving a maximum payment of $20,000, which as you can see, is a very large amount. As you can see, the advantages are too great to not miss out.
Prices start from $1.10 per $100, plus taxes of your current month's outstanding balance. There are two plans to choose from; Credit Protector and Credit Protector Senior.