The three-phase canned induction motor, which consists of a stator and rotor with a seal can, is used for the main coolant pump (MCP) of the System-integrated Modular Advanced Reactor (SMART). The thermal characteristics of the can must be estimated exactly, since the eddy current loss of the can is a dominant parameter in design. Besides the insulation of the motor winding is compared of Teflon, glass fiber, and air, so it is not an easy task to analyze. A FEM thermal analysis was per-formed by using the thermal properties of complex insulation which were obtained by comparing the results of finite element thermal analysis and those of the experiment. As a result, it is shown that the characteristics of prototype canned induction motor have a good agreement with the results of FEM.