Economical Insurance Broker Portal

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Updated: April 14, 2022

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Economical.com

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Welcome to Economical Insurance

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FAQs

1

Is Economical Insurance a legitimate company?

The Economical Insurance identity, among other leading Canadian financial services companies, is occasionally used by those operating these scams. If you receive an unexpected communication or are requested to take an unanticipated action, do nothing and contact your insurance broker.
2

Is insurance cheaper going through a broker?

It can be cheaper to buy car insurance online than through an agent, if you are willing to do the work of understanding and comparing policies. Using an agent can cost you 5% to 20% extra on a new policy in the first year and 2% to 15% every time you renew, according to numerous sources.
3

How much money will I get from economical demutualization?

The Conversion Plan states that eligible policyholders in total will receive the value of 100 million shares at demutualization, and that eligible mutual policyholders will receive 20 percent of that value.
4

What kind of insurance is Economical?

Property & Casualty insurance company
5

Is Economical Mutual Insurance the same as Economical Insurance?

While the company's legal name — Economical Mutual Insurance Company — did not change, The Economical Insurance Group® became Economical Insurance®.
6

Will I get a check from Economical Insurance?

Economical says eligible non-mutual policyholders will receive a package that contains your benefits with the exact amount of cash and/or shares as determined by the Conversion Plan that was approved earlier this year.
7

Why did I get a cheque from Economical demutualization?

Demutualization benefits are financial benefits that were distributed to eligible policyholders after the demutualization of Economical Insurance. Cash benefits came from selling the shares of Definity Financial Corporation to investors in its IPO and concurrent private placements.
2. Teig.com

The Broker Extranet

https://extranet.teig.com/

By logging into The Broker Extranet, I certify that I have read and accept the guidelines in the Security Policy. En accédant au site Courtier Extranet, ...

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