Client Work

Foresters acquires Canada Protection Plan

Reading Time 1 minute read

Overview

Client

The Independent Order of Foresters

Closed October 2020

On October 1, 2020, The Independent Order of Foresters Inc. ("Foresters") acquired Canada Protection Plan Inc., a leading distributor of No Medical and Simplified Issue life insurance. In the Canadian market, the new entity will be branded as Canada Protection Plan, A Foresters Financial Company. The Foresters Financial brand will remain the same in all other markets. The transaction is subject to customary regulatory approval.

Fasken advised Foresters with a team comprised of Koker Christensen, Jack Yu, Caitlin Sabetti, Christopher Ferguson, Jackie VanDerMuelen and Ross Gascho.

Jurisdiction

Ontario

Team

Koker Christensen, Partner | CO-LEADER, FINANCIAL SERVICES, Toronto, ON, +1 416 868 3495, kchristensen@fasken.com
Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, jyu@fasken.com
Caitlin Sabetti, Associate | Corporate/Commercial, Toronto, ON, +1 416 868 7803, csabetti@fasken.com
Andrew C. Alleyne, Partner | Corporate/Commercial, Toronto, ON, +1 416 868 3338, aalleyne@fasken.com
Christopher Ferguson, Partner | Technology, Media and Telecommunications, Privacy and Cybersecurity Law, Toronto, ON, +1 416 865 4425, cferguson@fasken.com
Armand M. Benitah, Partner | Patent Agent | Trademark Agent | Trademarks, Toronto, ON, +1 416 868 3470, abenitah@fasken.com
Nathan Haldane, Partner | Trademark Agent | Intellectual Property, Toronto, ON, +1 416 868 3366, nhaldane@fasken.com
Jackie VanDerMeulen, Partner | Labour, Employment & Human Rights, Toronto, ON, +1 416 865 5402, jvandermeulen@fasken.com
Ross A. Gascho, Partner | Leader, Pensions and Benefits, Toronto, ON, +1 416 865 5447, rgascho@fasken.com