Warning issued on unlicensed broker in Ontario

Someone impersonating a broker is using a variation on one of the industry’s leading company names to dupe consumers into buying life insurance.

Someone impersonating a broker is using a variation on one of the industry’s leading company names to dupe consumers into buying life insurance.

The Financial Services Commission of Ontario (FSCO) has issued a warning that Great.Life.Insurance and an individual known as Jessica G. are not licensed to do insurance business in Ontario.

“This individual appears to be selling false life insurance with Transamerica and other organizations under the company name Great.Life.Insurance,” says the FSCO. “There is no registered company or corporate agency with this name.”

Great.Life.Insurance is not affiliated or associated with The Great-West Life Assurance Company, which is licensed by FSCO.

This individual has contacted the public via e-mail from the address [email protected].

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