Insurance Business (Cooperative Credit Associations) Regulations

5 An association shall not, in relation to its business in Canada, promote an insurance company, agent or broker unless

• (a) the company, agent or broker deals only in authorized types of insurance; or

• (b) the promotion takes place outside an office of a local cooperative credit society or a branch of a retail association and is directed to

  • (i) all holders of credit or charge cards issued by the association or by any body corporate that is part of the cooperative credit system,

  • (ii) all customers of the association and all members of local cooperative credit societies that are members of the association, who are natural persons and who regularly receive statements of account or notices of those statements, or

  • (iii) the general public.