[2][3] On October 1, 2020, Canada Protection Plan was acquired by Toronto-based fraternal life insurer Foresters Financial.
[15] Eighteen months later, the company increased its no medical face amounts to $500,000 and expanded eligibility to include non-aggressive cancers, coronary artery diseases, and multiple sclerosis.
[18] In October 2020, Canada Protection Plan was acquired by Foresters Financial, leveraging the collective strengths of a longstanding relationship between the two organizations.
[19][20] Canada Protection Plan offers a range of life and critical illness insurance products, many of which are available without the need for medical tests or examinations.
[24] The A-Z Life Coverage is available as a term or permanent product, which includes guaranteed acceptance, no medical, or fully underwritten, for face amounts of $50,000 to $1 million.