TAKING STOCK - Monthly insurance payments to be banned! episode artwork

EPISODE · Aug 25, 2021 · 49 MIN

TAKING STOCK - Monthly insurance payments to be banned!

from Money Media · host Kalilah Reynolds

Do you pay your car or home insurance monthly?  Well if you do, that may no longer be an option soon.  You’ll have to find the full year’s payment upfront.  That’s because the Financial Services Commission, FSC, has reportedly signaled that it wants to ban Insurance Premium Financing.  We’ll hear more from Managing Director at BCIC Insurance, Peter Levy. And THE ANALYSTS weigh in on the latest market developments…. The government has announced seven no-movement days over the next three weeks. Many businesses stand to lose significant revenue. The jump in food prices has pushed inflation to its highest in a single month for almost 7 years according to STATIN. And overseas, the Taliban has retaken Afghanistan.  How is that affecting global markets? LET’S GET THIS MONEY!

Do you pay your car or home insurance monthly?  Well if you do, that may no longer be an option soon.  You’ll have to find the full year’s payment upfront.  That’s because the Financial Services Commission, FSC, has reportedly signaled that it wants to ban Insurance Premium Financing.  We’ll hear more from Managing Director at BCIC Insurance, Peter Levy. And THE ANALYSTS weigh in on the latest market developments…. The government has announced seven no-movement days over the next three weeks. Many businesses stand to lose significant revenue. The jump in food prices has pushed inflation to its highest in a single month for almost 7 years according to STATIN. And overseas, the Taliban has retaken Afghanistan.  How is that affecting global markets? LET’S GET THIS MONEY!

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TAKING STOCK - Monthly insurance payments to be banned!

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This episode was published on August 25, 2021.

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Do you pay your car or home insurance monthly?  Well if you do, that may no longer be an option soon.  You’ll have to find the full year’s payment upfront.  That’s because the Financial Services Commission, FSC, has reportedly signaled that it wants...

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