CIT Insurance offers a wide array of insurance products for consumers, small business and the middle market.
Products for small business and middle market customers include:
- Commercial Property - pays to repair or replace property in the event of direct or consequential loss. (Offered in Canada, Europe, USA)
- GAP Insurance - protects owners and operators of licensed transportation and construction vehicles, if there is a shortfall between their vehicle’s insurance coverage and the amount outstanding on the loan as a result of total loss. (Offered in Canada, USA)
- Commercial Casualty – protects the customer against the financial consequences of being legally liable for damaging third party property or the death or injury of an individual. (Offered in Canada, USA)
- Employee Benefits - includes various health-related insurance products that are written on a group basis. (USA only)
- High Net Worth Personal Insurance – for individuals who have acquired or accumulated considerable wealth. (USA only)
- Life Insurance – covers the loss of life and may include benefits for disability insurance. (Offered in Canada, USA)
Products for consumers include:
- Property Coverage - provides for repair, replacement or buy out of a lease contract in the event of loss or damage to equipment due to an insured peril. (Offered in Canada, Europe, USA)
- Debt Protection – provides for the cancellation of the monthly loan or lease payment in the event of death, unemployment, family leave of absence or disability. (USA only)
- Credit Insurance - pays some or all of lease/loan balance owed based on certain life events of the borrower. (Offered in Canada, Europe, USA)
- Supplemental Insurance – offers the opportunity to purchase ancillary insurance products such as life insurance, disability and property and casualty. (Offered in Canada, USA)
- Membership Products – offers discounts and savings on a variety of different services and products. (Offered in Europe and USA)
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