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Economical Insurance Posts

MCT Day raises over $25,000 for KidSport

MCT & Economical Insurance donating fund raised on MCT Day to KidSport

On September 23, MCT employees and our colleagues at Economical Insurance held special events across Nova Scotia and New Brunswick to support KidSport Canada. In total, we raised $26,363.87 which will go towards helping kids overcome financial barriers preventing them from participating in sports. MCT Day took place across the region with more than a dozen MCT branches taking part through BBQs, bake sales, cook-offs and prize draws.

Economical Insurance initiates demutualization process – What you need to know

Economical Insurance Initiates Demutualization Process

In December of 2010, Economical Insurance announced their intent to pursue demutualization. On November 3, 2015, the Economical Board of Directors initiated the demutualization process. What does this mean? As a mutual company, Economical does not have shareholders. During the demutualization process, a mutual company, in this case Economical, converts into a company with shareholders and distributes available funds between mutual owners.

2015 MCT Day raises over $28,000 for KidSport Canada

MCT Day 2015 Collage

Every year, our employees participate in MCT Day, a major fundraising initiative that sees the combined efforts of all MCT offices coming together to support a united cause. This year, our offices raised $28,393.78 toward KidSport Canada, a national not-for-profit organization that financially assists children with registration fees and equipment in order to participate in sports. Our fundraising total includes a $13,500 contribution from Economical Insurance.

Important information for Economical policyholders

Important Information for Economical Policyholders

If you are an Economical Insurance policyholder, you should be aware that Economical is proceeding with the process to demutualize. Click here to learn more about how these planned changes will impact you.

MCT and Economical Select award Dartmouth resident with 2015 Ford Escape

MCT and Economical Select award Dartmouth resident with 2015 Ford Escape

Christmas came early for Dartmouth, Nova Scotia resident, Brian MacKeigan, when he found out he won a 2015 Ford Escape as part of Macdonald Chisholm Trask Insurance (MCT) and Economical Select’s Sweepstakes campaign.  Brian was entered into the contest when he contacted MCT for  a quote on home and auto insurance.