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BC Bank released info on Claimants to media in error

Published on August 5, 2009 By Andrew

An employee at Coast Capital Savings inadvertently emailed a list of the insurance claims of 464 clients to about 75 Metro Vancouver media outlets. The email attachment included names, postal codes and the amounts of property insurance claims, but no social insurance numbers, addresses or account numbers. A letter would be sent out to all [...]

Mortgage Insurance

Published on July 2, 2009 By Andrew

Do not buy ‘mortgage insurance’. Buy a life insurance policy from a life insurance agent who is licensed. Use that policy to insure your mortgage. Here is a CBC Marketplace segment that addresses what goes wrong when you buy mortgage insurance. http://www.cbc.ca/marketplace/2008/02/06/in_denial/ They highlight two families who bought the coverage and thought they were protected, [...]