Sym-Tech Dealer Services’ and The Canada Life Assurance Company (“Canada Life”) are pleased to confirm today’s exclusive launch of a new Creditor Insurance offering for Canadian Automotive dealers. Canada Life provides a comprehensive finance protection portfolio that includes:

• Life insurance
• Disability Insurance 
• Involuntary unemployment benefits (where available)

Some of the key benefits of the Canada Life finance protection products available through Sym-Tech Dealer Services include:

• Competitive premiums based on group rates
•  Fully insured – Canada Life is A.M. Best “A+” Rated
• High level of dealer / customer service - administered by Sym-Tech
• New competitive dealer compensation structures

“Sym-Tech Dealer Services is honoured to be working with such a reputable and storied insurer as Canada Life”, stated Chris Cawston, President & General Manager of Sym-Tech. “Working closely together, we have constructed a new Creditor Insurance program that provides a strong value proposition for customers, along with an innovative new compensation structure for dealers.”

“With Sym-Tech’s reputation as a Finance & Insurance (F&I) leader in the Canadian automotive industry, we are pleased to be launching this exclusive new program with them,” said David Fear, Senior Vice-President, Creditor Insurance, Canada Life. “We are looking forward to working with Sym-Tech in providing this important coverage to dealers for their customers coast-to-coast.”

Download the official press release here: "Creditor Insurance Launch"