THE ONLY TRUE INCOME PROTECTION INSURANCE OF ITS KIND IN CANADA
FROM INVOLUNTARY JOB LOSS, ACCIDENTS, ILLNESS AND LOSS OF LIFE
(Phone Operating Hours 8:00 am – 8:00 pm EST excluding holidays)
THE ONLY PLAN IN CANADA THAT PROTECTS YOUR PAYCHEQUE
FROM INVOLUNTARY JOB LOSS, ACCIDENTS, ILLNESS AND LOSS OF LIFE
Operating Hours 8:00 am – 8:00 pm EST excluding holidays
Our LDI Insurance (Life, Disability and Income Insurance) is unlike anything else in the Canadian market. We combine 3 insurance products into one comprehensive solution.
We help families with unexpected job loss by providing a non-taxable monthly benefit. You receive payments directly and decide how best to use benefits — from mortgage or car payments to school tuition or utility bills and more.
Our LDI Insurance (Life, Disability and Income Insurance) is unlike anything else in the Canadian market. We combine 3 insurance products into one comprehensive solution
We help families with unexpected job loss by providing a non-taxable monthly benefit. You receive payments directly and decide how best to use benefits — from mortgage or car payments to school tuition or utility bills and more.
Product descriptions are as published by suppliers on their websites as of October 2018.
Why Canadian Premier Life Insurance?
✓ Income protection starting at $19.99
✓ Premiums don’t increase with age
✓ Enrol and get protection today
✓ Guaranteed Acceptance for everyone aged 18 – 69
✓ No underwriting
✓ No medical questions
✓ Clear, easy to understand contracts
✓ Exclusively available from Hudson’s Bay
✓ PLUS Earn Hudson’s Bay Rewards points when you use a valid Canadian-issued credit card to pay premiums.2
Hudson's Bay Rewards Points
|
INSURANCE BENEFIT
|
MONTHLY FEE
|
HUDSON’S BAY REWARDS POINTS EARNED ANNUALY3
|
| Disability & Unemployment $200 per month |
$19.99
|
1,000
|
| Disability, Unemployment Income benefit & Life $250 per month, plus $5,000 Life Coverage |
$36.99
|
2,000
|
| Disability, Unemployment Income benefit & Life $500 per month, plus $10,000 in Life Coverage |
$72.99
|
4,000
|
WHO IS 
Founded in 1955, Canadian Premier Life Insurance Company is a different kind of insurance provider. We’re a forward-thinking company that believes insurance doesn’t have to be complicated or expensive. We pride ourselves in offering quality insurance products that Canadian families find great value in. Our focus has always been on our customers — creating unique products and delivering great customer service in a clear, friendly and straightforward manner.
DID YOU KNOW
Almost half of all Canadians live paycheque to paycheque, and missing even one pay period can make it difficult to meet financial obligations. LDI Insurance provides a non-taxable monthly benefit to cover costs during involuntary job loss, accident, illness or loss of life.
¹Each Rewards points offer is limited to one Hudson’s Bay Rewards account per household. Rewards points will be issued within four to six weeks.
² When you use a valid Canadian issued credit card to pay your monthly premiums, you will earn 1,000 points when you enrol for a $200/month benefit; 2,000 points for $250/month benefit; 4,000 points for $500 benefit; 6,000 points for a $750/month benefit; and 8,000 points for a $1,000/month benefit.
³Earn up to 8,000 points on the anniversary date of your policy. Points will not be prorated if you cancel before the anniversary date.
*Product descriptions are as published by suppliers on their websites as of October 2018. Product currently not available in Ontario.
Latest LDI Insurance Articles
- Posted by hbfs
- On September 18, 2019
Canadians benefit from a high quality of life. In fact, a recent study of best countries ranked Canada first for quality of life, based on factors such as a good job market and public health system.1 This is great news for the average Canadian. Yet, a large number of us still choose to supplement our […]
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- Posted by hbfs
- On August 21, 2019
It’s estimated that by age 40, about one in two Canadians have — or have had — a mental illness.1 This can affect every part of a person’s life, including work. In fact, at least 500,000 Canadians have to take time off from work each week due to mental health problems.1
Read More
- Posted by hbfs
- On August 7, 2019
Most Canadians want to head outside to enjoy the summer sun and warmth after a long, cold winter. However, it’s important to stay safe while having fun, as some common summer activities can actually be dangerous if you don’t take the proper precautions.
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- Posted by hbfs
- On May 22, 2019
Owning a home can be expensive — and when it comes time for upgrades or renovations, a difficult choice must be made: DIY or hire a professional. Some people believe it’s more affordable to take on tasks themselves, while others believe that hiring a professional is a better investment.
Read More
- Posted by hbfs
- On May 1, 2019
Just like physical health, mental health should be a priority for every Canadian. Unfortunately, there’s still a stigma attached to mental health that prevents people from seeking treatment. Mental Health Week — now in its 86th year — aims to raise awareness and break down barriers to help the thousands of Canadians who suffer from […]
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- Posted by hbfs
- On April 4, 2019
Hudson’s Bay Financial Services is happy to offer a unique insurance solution that combines three different products. Since this is a new offering in the Canadian market, we’ve received some common questions about our Life, Disability and Income (LDI) Insurance.
Read More
- Posted by hbfs
- On March 28, 2019
Many Canadians pay for everyday expenses with their credit card and, unfortunately, often carry a significant balance forward. If you get laid off, your credit card payments are still due—and it can be difficult to make even the minimum required payment, let alone pay off the whole balance. With Life, Disability and Income (LDI) Insurance, […]
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- Posted by hbfs
- On March 21, 2019
Many Canadians are getting ready to submit their tax returns before the April 30 deadline. Since all of your financial information is already out and in one place, this is also the perfect time to undertake a financial review. Your annual analysis should include assessing financial goals and creating a budget, checking your credit history […]
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- Posted by hbfs
- On March 14, 2019
According to the latest census data, the number of common-law unions is increasing, accounting for one-fifth of couples in the country.1 Even though many people are happy to live together without making it official, it’s still important for unmarried couples to have proper insurance coverage.
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- Posted by hbfs
- On March 7, 2019
Many Canadian families travel during spring break; however, few people plan on getting injured. A spring break accident can not only alter your vacation plans but also affect your ability to return to work.
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- Posted by hbfs
- On February 28, 2019
Life, Disability and Income Insurance through Hudson’s Bay Financial Services is a unique insurance solution because it includes three benefits in one convenient product. With a single affordable monthly payment, you can receive life insurance coverage and disability and income benefits to help you maintain some financial security in the face of the unexpected.
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- Posted by hbfs
- On February 21, 2019
Often, involuntary job loss comes as a surprise. If you’re not prepared, the sudden loss of a steady paycheque can make it difficult to meet your financial obligations. That’s why it’s extremely important to ensure you have adequate insurance coverage — even if you currently feel secure in your job. You can successfully manage a […]
Read More
- Posted by hbfs
- On February 14, 2019
A recent Canadian Community Health Survey administered by Stats Can found that while workplace injuries were on the decline, non-work-related injuries were steadily increasing.1 This trend suggests that we have a greater chance of hurting ourselves outside of working hours, yet a non-work-related injury can still prevent you from being able to fulfill your job […]
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- Posted by hbfs
- On February 7, 2019
Discussing insurance needs is not something most people enjoy, and it’s definitely not a topic people want to broach on a holiday centred on love and romance. However, Valentine’s Day is the perfect opportunity to assess and buy life insurance to ensure that your loved ones are protected in case of the unexpected.
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- Posted by hbfs
- On January 24, 2019
There’s been some speculation that Canada could experience a potential recession in the coming year. It can be alarming to consider the effects of a downturn, but with some advance planning, you can help keep your finances in order during economic uncertainty.
Read More
- Posted by hbfs
- On January 17, 2019
Life, Disability and Income Insurance is a unique product for three reasons. First, it’s the only product on the market that offers true income insurance, paying a benefit for involuntary job loss. Second, it combines three types of insurance coverages into one policy. Third, benefits are paid directly.
Read More
- Posted by hbfs
- On January 10, 2019
Not being able to work due to layoff can significantly strain your finances. If you don’t have the savings to sustain yourself and your family through periods of unemployment, you have to look for other ways to cover your expenses.
Read More
- Posted by hbfs
- On December 26, 2018
Purchasing disability insurance allows you to gain some financial security in case you need time off from work to recover from an accident or illness. The monthly payment can help cover mortgage or vehicle payments or can even be used to pay for recovery treatment. Some people believe they only need to buy disability insurance […]
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- Posted by hbfs
- On December 20, 2018
Hudson’s Bay Financial Services offers a unique product to Canadians that provides a monthly benefit for involuntary job loss. Currently, no other product offers unemployment benefits when you lose a job due to layoffs, restructuring or company closure. Life, Disability and Income (LDI) Insurance pays a monthly benefit — for up to six months — […]
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- Posted by hbfs
- On December 13, 2018
A common misconception among Canadians is that they should either put money into a savings account or purchase supplemental insurance. However, the best course of action is to steadily grow a savings account while ensuring you have the proper insurance coverage to financially support you and your loved ones should the unexpected occur.
Read More
- Posted by hbfs
- On November 29, 2018
Hudson’s Bay Financial Services offers a unique income protection plan that is different from the other disability insurance products on the market. Our Life, Disability and Income Insurance includes not only disability and loss of employment insurance but also life insurance. This product can help you cover debt payments and other expenses if you lose […]
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- Posted by hbfs
- On November 22, 2018
In Canada, more than 74 million Mastercard and Visa cards are in circulation,1 so it’s safe to assume that many people are using credit in one way or another. Some Canadians might use credit as a form of borrowing (paying for items they cannot afford), while others use credit as a form of payment (an […]
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- Posted by hbfs
- On November 15, 2018
Canadian employers aren’t required by law to offer employee benefits beyond contributing to Employment Insurance and the Canada Pension Plan. To attract and retain workers, however, they have the option to offer additional work benefits such as paid vacation, health insurance, disability insurance and life insurance.
Read More
- Posted by hbfs
- On November 8, 2018
According to the Mental Health Commission of Canada, about 500,000 employees are unable to work each week due to mental health issues. Workplace stress is identified as a key contributing factor to declining mental health, especially as it relates to anxiety and depression.1 To help reduce the ill-effects of workplace stress and the toll it […]
Read More
- Posted by hbfs
- On November 1, 2018
Life, Disability and Income Insurance — a unique product offered through Hudson’s Bay Financial Services — can help protect your paycheque in the event of a disability. Should you experience involuntary job loss, Life, Disability and Income Insurance can also help you meet your financial obligations while searching for work.
Read More
- Posted by hbfs
- On October 25, 2018
The workplace has changed drastically in the past few decades. Most businesses rely on digital devices, and the Internet is found in almost every workplace. As a result, many people now spend their workdays sitting at a desk behind a computer. While these advances might make business easier, they can take a toll on employees. […]
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- Posted by hbfs
- On October 18, 2018
An important — but often overlooked — component of financial planning is preparing for the unexpected with insurance. It’s not pleasant to think about, but many Canadians will find themselves in a situation where they’ve lost their job, are unable to work due to a disability or injury or lost a loved one who contributed […]
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- Posted by hbfs
- On October 11, 2018
Workplace injuries are often associated with hard labour and accidents, but millions of Canadians suffer from repetitive strain injuries1 that could cause them to miss work. These types of injuries generally affect tendons, muscles, nerves and joints and can range from mild symptoms of discomfort to debilitating pain.2
Read More
- Posted by hbfs
- On October 4, 2018
How much money do you have saved for an emergency? Unfortunately, many Canadians live paycheque to paycheque and would struggle to meet financial obligations if they missed even one payday. A disability or involuntary job loss could cause serious financial strain for many Canadian families because they simply don’t have the savings to support their […]
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- Posted by hbfs
- On September 27, 2018
Out-of-country travel by Canadians reached record highs in March this year as more than 1 million Canadian residents came home from overseas.1 Travelling can provide a much-needed break from the everyday stress of life, but what happens if you return with a vacation injury?
Read More
- Posted by hbfs
- On September 20, 2018
Canadians are big on renovating their homes. While renovations add value to our homes, unfortunately, they are also a common source of injury. An injury-causing accident at home can lead to time off work, reduced income and unexpected recovery costs.
Read More
- Posted by hbfs
- On September 13, 2018
Canadian Premier has been protecting Canadians with affordable and innovative products since 1955. For more than 60 years, their focus has been their customers. From developing insurance products that fit the needs of Canadians to delivering great customer service, their philosophy is built on trust, reliability and flexibility. That’s why they have over 2 million […]
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- Posted by hbfs
- On September 6, 2018
An unfortunate fact of the modern job market is that many Canadians have precarious employment and financial instability — this is the new normal. In 2018, nearly half of all Canadians are within only $200 of not being able to fulfill their financial obligations at the end of every month. The same percentage of people […]
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- Posted by hbfs
- On August 30, 2018
Almost half of all Canadians live paycheque to paycheque.1 If they miss even one pay period, they will find it difficult to meet all their financial obligations. With this startling statistic, it’s no wonder Canadians can feel overwhelmed by the prospect of losing their source of income and falling behind on bills. However, with Canadian […]
Read More
- Posted by hbfs
- On August 23, 2018
Hudson’s Bay Financial Services is proud to announce a new relationship with Canadian Premier Life Insurance Company. This Canadian-based company is continually striving to bring innovative products to the market, and we’re pleased to launch their new, flexible and Canadian-exclusive Life, Disability and Income Insurance.
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