What does PACICC mean? Read on to discover the definition & meaning of the term PACICC - to help you better understand the language used in insurance policies.
The Property and Casualty Insurance Compensation Corporation (PACICC) is a Canadian organization that is geared to protecting insurance policyholders from the risk of their insurer becoming insolvent. This not only protects individual policyholders but also improves consumer confidence levels for Canadian insurers, as well as the insurance market at large.
We hope the you have a better understanding of the meaning of PACICC.