September 14, 2015 -
Equitable Life announced today it is partnering with Your Neighbourhood Credit Union to make affordable health and dental coverage available to more individuals and their families who no longer have group benefits protection through their employer.
Through a special arrangement between Your Neighbourhood Credit Union Limited and Equitable Life of Canada, members of the credit union will be able to conveniently purchase Equitable Life’s Coverage2go® product.
Coverage2go provides affordable, reliable health and dental coverage for people who are no longer eligible for employer-sponsored benefits. No medical questions or proof of health are required if the person applies within 60 days of losing their benefits coverage. The product can fill the gap in people’s personal insurance needs and provide continuity and peace of mind when making a move.
“We’re very pleased to be partnering with Your Neighbourhood Credit Union to make this valuable product available to their members,” says Michael Dawe, Senior Vice President, Group Benefits at Equitable Life. “This partnership is a great fit – both our companies are mutual, customer-focused, and founded right here in Kitchener-Waterloo.”
“We recognize that Canadians place a high value on their group benefits coverage,” says Kerry Hadad, CEO of Your Neighbourhood Credit Union. "Coverage2go gives our members an opportunity to fill the gap in their personal insurance needs when transitioning to a new job, retiring or starting a business. We couldn’t be more pleased to be associated with a principled and like-minded organization in bringing greater value and peace of mind to our members’ lives.”
About Equitable Life of Canada
Canadians have turned to Equitable Life since 1920 to protect what matters most. We work with independent advisors across Canada to offer individual insurance, savings and retirement and group benefits solutions to meet your needs.
But we’re not your typical financial services company. We have the knowledge, experience and ability to find solutions that work for you. We’re friendly, caring and interested in helping. And we’re owned by our participating policyholders, not shareholders. So we can focus on your interests and providing you with personalized service, security and wellbeing.
About Your Neighbourhood Credit Union
Your Neighbourhood Credit Union (YNCU) is a full-service financial organization offering retail, business and agricultural banking, investment and insurance products. Based in Kitchener, YNCU branches have proudly served communities throughout south-western Ontario since the 1940s.
With 42,000 member/owners, 18 branches and more than $1 billion in assets under administration, YNCU remains committed to offering co-operative banking within the communities it serves. YNCU is a founding member of the Credit Unions of Ontario group, sponsoring the provincial awareness campaign to share co-operative banking with all Ontarians.
Media Relations Contacts
Director, Group Marketing
Equitable Life of Canada
VP, Marketing and Corporate Communications
Your Neighbourhood Credit Union