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Public Insurance Option

Policy Area

Priority Level

Last Updated

Insurance

Short-Term

January 21, 2024

The Policy

The RPC will establish a public insurance organization, called the Canadian National Insurance Service (CNIS), to compete fairly with our strong private insurance businesses.

The CNIS will offer personal insurance services, such as home and auto insurance.

The CNIS will offer commercial insurance services, such as general business liability, business interruption, errors & omissions, equipment breakdown, malpractice, event hosting, and privacy and cyber risk insurance.

The CNIS will offer industrial insurance services, such as crop and livestock insurance, machinery and infrastructure insurance, cargo and storage insurance, and stevedore insurance.

The Research

Our Broader Stance on:

Insurance, more than most other industries, has become corrupt and lost sight of its primary purpose. No longer is their focus to restore people who have suffered an unexpected loss, but instead they have optimized statistics to produce profit for the few - at the cost of heartbroken victims of circumstance.

There is no reason the insurance industry needs to make a profit; for that reason, we will work toward the complete deprivatization of the insurance industry.

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