Service Scramble: Service contracts to be considered as automobile insurance contracts in British Columbia, says BCFSA
Victoria, British Columbia — The British Columbia Financial Services Authority (BCFSA) has issued a Regulatory Statement to respecify what is considered a service contract versus insurance contract in the province. The Regulatory Statement is specifically titled as “Product Warranty, Vehicle Warranty, and Automobile Insurance,” and according to the new policy, under the statement, contracts that […]
