“The less you drive, the less you pay” with National Bank Insurance

Montreal, 8 May 2007 - 

National Bank Insurance is rewarding drivers who spend less time behind the wheel by offering a new package: “The less you drive, the less you pay.” The package includes discounted premiums and encourages drivers to adopt more environmentally-friendly practices.

For example, a client who drives 5,000 kilometres a year could save up to 25% on his or her insurance policy compared to one who drives 25,000 kilometres. “This package is a way to motivate drivers to seek out more ecological means of transportation, such as the subway or bus, or walking or riding their bike,” stated Danielle Aubin, Vice-President – Operations at National Bank Insurance.

“In keeping with this environmental focus, National Bank Insurance is also offering insurance rates for hybrid cars that could reduce clients’ premiums by roughly 10% versus the competition,” she added.

In addition, by combining their car and home insurance, National Bank Insurance clients can save up to 15% on their home insurance premiums and up to 5% on their car insurance premiums while enjoying other exclusive advantages and privileges, such as discounts for safe drivers.

For more information on this new package, call a National Bank Insurance Advisor at 1-877-871-7500 or 514-871-7500, or visit www.insurance.nbc.ca.

About National Bank Insurance
National Bank Insurance comprises three of National Bank’s subsidiaries specialized in property, casualty and life and health insurance: National Bank General Insurance, National Bank Life Insurance and National Bank Insurance Firm.  National Bank General Insurance is a property and casualty insurance firm under the National Bank Insurance banner that provides direct access to car and home insurance for individuals in Quebec. National Bank General Insurance is the exclusive distributor of insurance products for InnovAssur, Assurances Générales, which is the result of a strategic alliance between National Bank and one of Canada’s largest property and casualty insurance firms.  This partnership offers clients the peace of mind of being covered by a leading insurer.

About National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $120 billion in assets and, together with its subsidiaries, employs 16,908 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca.

Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):                  

Denis Dubé
Director – Public Relations
National Bank of Canada
Tel.: (514) 394-8644