Spend some time reading your insurance policy

It is time to “know your policy.” Let me explain.

I work for Insurance Bureau of Canada, the national industry association representing Canada's private home, auto and business insurers.  We champion key issues and help educate consumers on how best to protect their homes, cars, businesses and properties.

This month we launched “Know Your Policy” – an online campaign designed to promote insurance literacy. As consumers, many of us often spend more time researching purchases for household or personal items than we do researching our insurance products.

If you don't have insurance for your car, home or business, now is the time to ask questions and protect your most-valuable assets. 

And, if you do have insurance, learning about your policy, coverage and limits should happen before any potential disaster strikes. 

We encourage you to contact your insurance broker or agent to review your existing policies, or start new ones, and ask questions to ensure you're properly protected.

Here is a link to more information on the campaign.

https://www.ibc.ca/on/insurance-101/know-your-policy