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SGI INCREASES INSURANCE DISCOUNT

Released on December 4, 2003

Safe drivers in Saskatchewan will soon see a bigger discount on their vehicle insurance under SGI's Safe Driver Recognition program.

"Based on affordability, SGI made a commitment to increase the value of the Safe Driver discount over time," Minister Responsible for SGI Mark Wartman said. "Effective Jan. 1st, 2004, the maximum discount available will be increased from eight per cent to nine per cent."

In 2004, close to $25 million will be put back into the pockets of safe drivers in Saskatchewan through discounts on their vehicle insurance. About two out of three Saskatchewan vehicle owners qualify for some level of discount, and 40 per cent of vehicle owners are eligible for the maximum discount available.

Safe Driver Recognition was introduced on July 1st, 2002 in an effort to reward safe drivers with a discount on their vehicle insurance, while ensuring drivers who display risky behaviour pay their share in financial penalties. By year-end, SGI will have paid out over $32 million in discounts to safe drivers, helping keep Saskatchewan auto insurance rates among the lowest in the country.

More information on Safe Driver Recognition can be found on the SGI web site at www.sgi.sk.ca.

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For More Information, Contact:

Julianne Jack
SGI Communications
Regina
Phone: (306)775-6907
Email: jjack@sgi.sk.ca

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