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2016.12.19, Monday
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2016 Financial Quackery Award

Nominees and winner can be seen at Financial Quackery Award

The Financial Services Consumer has announced the nominees and winner of the 2016 Financial Quackery Award.

Financial quackery is the misrepresentation of facts in the promotion of financial products or services by someone in a position of power, influence or trust over the consumer.

The 2016 Financial Quackery Award was created to put the light on the all the quackeries plaguing the financial industry.

Debunking Mortgage Life Insurance Part 2

SUMMARY: POST UNDERWRITING APPLIES EQUALLY TO BOTH TRADITIONAL INSURANCE AND MORTGAGE LIFE INSURANCE. ANYONE STATING OTHERWISE HAS LITTLE KNOWLEDGE OF INSURANCE OR IS SIMPLY LYING TO MAKE AN EASY BUCK. IF YOU ARE A LIFE AGENT READING THIS: WHICH ...

Debunking Mortgage Life Insurance Part 1

It is about time that someone exposes the real truth about mortgage life insurance. Sadly what is written on the internet about this topic is an amalgamation of unproven facts, misrepresentations and blatant lies.   As it currently stands, ...

AMF complicit in Millenia Hope fraud?

As of November 7, 2017, Judge Myriam Lachance convicted Claude Bossé, Claude Yvon Provost, Leonard Stella, Mario Paquin and Reginald Alfred Groome on various counts in regards to the Millenia Hope fraud.   I must say that after 5 years of ...

BREAKING NEWS: ISSUE PAPER UNCOVERS CONFLICTS OF INTEREST IN INSURANCE INDUSTRY

    September 23, 2017   Subject: ISSUE PAPER: MANAGING CONFLICT OF INTEREST RISK IN RELATION TO INCENTIVES   The Financial Services Consumer Alliance (FSCA) IS AN INFORMAL NATIONAL ALLIANCE of consumers and employees working ...

Five stupid things a Snake Oil Insurance agent might say to you…

When reading a text about mortgage insurance, I came across a comment made by an insurance agent with the name of Jesse at mortgage insurance   Jesse is the type of insurance agent I have been fighting against throughout my whole career in ...

2016 Financial Quackery Award

Nominees and winner can be seen at Financial Quackery Award The Financial Services Consumer has announced the nominees and winner of the 2016 Financial Quackery Award. Financial quackery is the misrepresentation of facts in the promotion of ...

Did Options Consommateurs published a fake report?

Note: Want to know everything about insurers. We will be providing the best info to the DIYer at insurers. Site is not completed yet but it provides a general idea of the content…   On December 1st, an organization named Options ...

Press Release

Press Release In this press release we announced the release of our documentary “The Great Insurance Robbery. Visit our web site at www.consumerights.ca

Who is selling insurance?

Visit our website Financial Services Consumer Alliance to learn more about who is selling insurance Agents versus Brokers and Advisors…   “You should never consider buying the insurance that you want unless you have bought ALL the ...

The Great Insurance Robbery

The Great Insurance Robbery documentary now available The Great Insurance Robbery on our site.   The history behind toxic life insurance policies is the defining factor behind the evolution of the Canadian Insurance industry. What was a ...