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Submission Response to FCNB

by Mortgage Professionals Canada | Feb 11, 2020
MPC’s January 2020 response to FCNB’s Consultation Paper on incidental selling of insurance in New Brunswick.

 

The Financial and Consumer Services Commission of New Brunswick (FCNB) has proposed regulating the incidental selling of insurance through a restricted insurance licensing regime similar to regimes adopted in Alberta, Saskatchewan and Manitoba. FCNB is proposing to allow restricted insurance licence holders and their employees to solicit, negotiate, sell or arrange mortgage insurance. 

MPC’s January 2020 response to FCNB’s Consultation Paper on incidental selling of insurance in New Brunswick can be found here: