Reason for there being no limit on transfers to NS RSP
Would you be able to explain why NS doesn't have a limit ? Is it the same reason for the AB Gris (but the premium is capped specifically for inexperienced drivers?
It looks like you're new here. If you want to get involved, click one of these buttons!
Would you be able to explain why NS doesn't have a limit ? Is it the same reason for the AB Gris (but the premium is capped specifically for inexperienced drivers?
Comments
So you can only transfer in risks for which at least one household member has < 6 years driving experience and no prior accidents and convictions. It is meant to accommodate inexperienced drivers with good experience so I guess that implicitly puts a "cap" on the number of risks transferable. I would say it's not exactly the same as the AB grid in the sense that NS targets a specific segment of the driving population whereas AB is more broad based