Membership Categories and Benefits

Regular members

CAFII’s Regular Members are the insurance arms of Canada’s major financial institutions – BMO Insurance; CIBC Insurance; Desjardins Financial Security; National Bank Insurance; RBC Insurance; ScotiaLife Financial; and TD Insurance – along with major industry players American Express, Assurant Solutions, Canadian Premier Life Insurance Company, and The CUMIS Group Ltd.

CAFII members offer creditor’s group, travel, life, health, and property and casualty insurance.  In particular, creditor’s group insurance and travel insurance are the product lines of primary focus for CAFII members.

Each Regular Member is represented on the CAFII Board of Directors by a Director who has a single vote. Annual dues for Regular Membership vary based on the size of the member’s corporate family assets, and are payable in equal semi-annual instalments. The benefits of Regular Membership include:

  • a seat on the CAFII Board of Directors and voting privileges
  • representation on the CAFII Executive Operations Committee, which formulates policy positions for Board approval and oversees implementation of Board-approved strategy
  • access to monthly Regulatory Update newsletters and industry intelligence
  • representation by CAFII to insurance regulators and government policy-makers
  • complimentary access to CAFII industry receptions and networking events
  • networking with insurance regulators and industry leaders
  • access to members-only resources via CAFII website

Associates

CAFII Associates are organizations that support the role of financial institutions in insurance, consumer choice, and alternate distribution.  Any organization that supports the mission and objectives of the Association can apply for Associate status.

The benefits of becoming an Associate include:

  • representation by CAFII to insurance regulators and government policy-makers
  • complimentary access to CAFII industry receptions and networking events

Associate dues are paid annually in January.

For more information on joining CAFII as a Regular Member or Associate, please contact Natalie Hill at 416-494-9224 Ext. 1 or natalie.hill@cafii.com