Creditor Life Program

The Association provides a Creditor Life and Disability program through First Canadian Insurance that dealer members can market to their clients. Creditor Insurance provides borrowers with the financial protection they need. With creditor insurance, if one of your clients holding a loan or lease dies or becomes disabled, their payments are covered.

Participating dealers earn a commission on Life and Disability premiums for insurance sold with Loan or Lease Contracts to their customers. The Insurance Company pays commissions to the dealer after receiving complete and accurate transmittals, certificates and premiums.

In addition, a further commission will be credited by the Insurance Company to the Association, who in turn will credit part of that amount back to your membership account toward your next year's dues. Insurance personnel will instruct you and your staff on preparing the very simple paper work.

This program gives retail equipment dealers the ability to protect their customers in addition to the opportunity to add significantly to his/her bottom line without adding a major work load.

Federated Group Health

One of the major benefits CWEDA members receive is the opportunity to participate in our Group Insurance Program underwritten by Federated Insurance Company of Canada. Rising costs of medical care makes your company's group health program more and more important to you and your employees. Your participation in a group health program endorsed by your Association gives you the advantage of mass purchasing power and rate stability. The Federated group plan includes: Life, AD&D, Weekly Income, LTD, Extended Health, Vision and Dental insurance.

Federated Property and Liability Insurance

An Association endorsed property and liability insurance program that is available to dealerships through your local Federated insurance agent.