Watch out with Intact! I recently cancelled my policy with Axa, I guess it was right when they were switching over! A month after I cancel my monthly insurance premium comes out of my bank account AGAIN! I'm like WTF and call my broker. "Whops, I'll get that corrected, I suggest you put a stop payment on your account." No problem, $20 for a stop payment order, yay. I put a stop payment on it and the next month IT COMES OUT AGAIN under "Intact"!! I couldn't believe it. The broker refunded my money (and my $20 stop payment fee) out of his own pocket, and said he'd get it back from Intact. It sounded like I wasn't the only one having issues.
I ended up cancelling the entire bank account.
-Jamie M.
Bookmarks