Insurance
It offers free personalized assessments, competitively priced insurance products and exceptional customer service. Every CAA Protect policy comes with a free Will Kit and free access to Maple, Canada’s leading virtual health care platform. And if you’re a CAA Member, you’ll have access to exclusive benefits, too.
Don’t have a CAA Membership?
Sign up to take advantage of great deals and savings. CAA Memberships start at just $301 a year, plus tax.
Protection with you in mind
Life insurance is all about peace of mind – it helps ensure that your beneficiaries are equipped to deal with the financial impact of your passing. Policy payments can be made monthly, quarterly or annually. A lump sum life insurance payout means you can manage expenses like:
- Replacement income for your family
- Provisions for your dependents
- Coverage for funeral expenses
- Debt repayment
- Charitable donations
- Funding trusts or estates
Term life insurance offers coverage for a fixed amount of time from 5 to 100 years. During this period, monthly or annual premiums remain the same, making it easier to manage costs. Term life insurance can be used to:
- Cover replacement income
- Pay for large expenses
- Fund university tuition
- Make mortgage payouts
Permanent life insurance provides coverage for the length of your life. It’s designed to build cash over time that can be borrowed against, providing long-term financial security. Permanent life insurance can be used for:
- Estate planning
- Retirement income
- End-of-life expenses
- Lifelong need
CAA Protect - Our insurance products
Insurance FAQ
The best time to consider term life insurance is when you have financial dependents or larger financial obligations – like starting a family, getting married or applying for a mortgage. The earlier you purchase term life insurance, the more affordable your rates will be. As we age, the risk of facing severe health issues or passing away increases, which affects insurance rates.
In Canada, most insurance providers require applicants to be Canadian citizens or residents to qualify for term life insurance. However, there are a few providers that may consider applications from non-Canadians. In such cases, the available coverage options might be somewhat limited. For CAA Protect’s Term Life Insurance coverage, applicants must be Canadian citizens or residents, and must sign their contract while in Canada, rather than overseas.
In Canada, most insurance providers require applicants to be Canadian citizens or residents to qualify for term life insurance. However, there are a few providers that may consider applications from non-Canadians. In such cases, the available coverage options might be somewhat limited. For CAA Protect’s Term Life Insurance coverage, applicants must be Canadian citizens or residents, and must sign their contract while in Canada, rather than overseas.
1 Visit caaneo.ca/termsandconditions for offer details and full Membership Terms and Conditions.
