Wants to know about COMPCORP

Question: What is CompCorp and where can I learn more about it? – S.L.


CompCorp is the organization that provides Canadian policyholders with protection against loss of benefits in the event of the insolvency of their insurance company. The funding comes from CompCorp’s over 190 members. On policies issued by member insurance companies, protection is automatic — there is no need to apply for it.

Their web site at http://www.compcorp.ca/ is well laid out, and offers a wealth of information. The most useful sections are the Consumer Protection Plan and FAQ’s (Frequently Asked Questions). For a quick overview of coverages, check out the Background link. A very worthwhile site to visit. – G.P.N.