Canadian Tire Life Insurance

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President & CEO: Stephen Wetmore

AM Best Rating: Not Rated

Total Gross Average Receivables: $4,026.7 million

Revenue: $243.1 million

Net Income: $9.9 million

Address:

Canadian Tire Financial Services
PO Box 2000, Station Main
Welland, ON
L3B 5S3

Toll Free: 1-800-265-3449
Phone: 1-866-681-2837
Fax: N/A

Web Address: www.ctfs.com
Email Address: N/A

*Info courtesy of www.ambest.com and Canadian Tire Financial Services www.ctfs.com. The info is from the Q3 2011 and YTD 2011 financial reports of the financial services segment of the business.

Canadian Tire Financial Services is the financial services arm of Canadian Tire Corporation, Ltd.,one of Canada's 35 largest publicly traded companies. CTFS offers range of variety of insurance products to around six million customers. Their business philosophy is keeping "Customers for Life".

If you think of Canadian Tire, you’re  probably thinking power tools and patio furniture; however, the company has offered a term life insurance plan, underwritten by The Canada Life Assurance Company, since 2005.

Canadian Tire Life Insurance Policies

Plus:

1. No medical tests on their Term 5 life insurance plan
2. Guaranteed Renewable

Minuses:

1. Very limited product line up
2. No conversion privilege on their Term plan

1 year stock chart for CANADIAN TIRE CORP


The above closing stock charts are for the parent company Canadian Tire Corp., of which Canadian Tire Life Insurance is a subsidiary. These stock charts are for informational use only and are meant to reflect the current financial well-being of the parent company.

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