For the second time this year, Manitoba Public Insurance (MPI) will be issuing rebate cheques to help with COVID-19 relief. A total of $69 million will be returned to customers, which is about $100 per policyholder.
Cheques are expected to arrive at the end of December or early January. About 675,000 cheques will be issued.
“As this pandemic progresses, Manitobans continue to be financially impacted by this crisis,” said Crown Services Minister Jeff Wharton. “This second rebate will assist Manitobans as we all work together in getting through this challenging time in our province.”
This second round of rebate of rebate cheques is made possible due to fewer collision claims. Claims are 20% lower from mid-March to the end of October compared to 2019.
“As a proud Manitoba corporation, we are pleased with what we can do to help during this unprecedented time,” said Satvir Jatana, acting CEO and president, Manitoba Public Insurance. “This rebate to our customers is combination of fewer claims and our continued focus on fiscal prudence. MPI continues to operate in a high efficient manner, aimed at delivering value to Manitobans. Our financial responsibility is reflected in our daily running of our operations and practices.”