Sentel Insurance is not licensed to do insurance business in Ontario
TORONTO, July 29, 2013 /CNW/ - The Financial Services Commission of
Ontario (FSCO) is warning consumers that Sentel Insurance is not
licensed to do insurance business in Ontario.
FSCO has been informed that a company or individual identifying
themselves as "Sentel Insurance" has been placing phone calls to Royal
Bank of Canada (RBC) clients. The calls come from the phone number
587-880-4306, and ask for the recipient's personal information for the
purposes of offering identity theft protection insurance on behalf of
Consumers should exercise caution if they are contacted by anyone from
FSCO has confirmed with RBC that Sentel Insurance does not appear to be
selling a valid product, and is not a valid insurance agency associated
If consumers purchase insurance from agents or insurers that are not
licensed in the province, they are not protected under the Insurance Act and the regulations that govern Ontario's licensed insurance companies
FSCO's website contains a list of all insurance companies and agents licensed to do business in Ontario.
An Ontario insurance agent or broker can provide information and advice
on the risks involved with purchasing different insurance products.
What to Do If You Think You are a Victim of a Scam or Fraud
SOURCE: Financial Services Commission of Ontario
For further information: