The West Elgin Mutual Insurance Scholarship program is administered by the Scholarship and Bursary Committee at West Elgin Mutual. The purpose of the program is to encourage career opportunities within the insurance industry and in particular, mutual insurance.
Available Scholarships and Bursaries
On an annual basis, West Elgin Mutual will be offering up to three (3) scholarships of $1,000 and one (1) bursary of $2,000.
Eligibility
Scholarships
Applications will be accepted from students who:
- Are citizens OR Permanent Residents of Canada.
- Are 23 years of age or younger.
- Reside and have attended secondary school within the boundaries of Elgin County OR children of WE Mutual POLICYHOLDERS who have attended high school outside of Elgin County.
- Have been accepted into a recognized, full-time property/casualty insurance program at one of the following post-secondary institutions:
- Fanshawe
- Conestoga
- Mohawk
- Are registered for a full course load in one of the above programs
- Will maintain continuous full-time studies during the academic year.
- Give a clear indication of their intent to pursue a career in Ontario in the property/casualty insurance industry or risk management field.
- Complete their current school year with grades consistent with prior years.
Bursary
The intention of this bursary is to support students of all ages entering post-secondary education with the intention of studying towards a “2nd career” in insurance.
Applications will be accepted from students who:
- Can demonstrate financial need.
- Are citizens OR Permanent Residents of Canada.
- Reside within the boundaries of Elgin County and have completed high school level education (or equivalent) OR are POLICYHOLDERS of West Elgin Mutual Insurance who reside outside of Elgin County.
- Have been accepted into a recognized, full-time property/casualty insurance program at one of the following post-secondary institutions:
- Fanshawe
- Conestoga
- Mohawk
- Can give a clear indication of their intent to pursue a career in Ontario in the property/casualty insurance industry or risk management field.
Please note: Children of directors and staff of West Elgin Mutual are not eligible to apply for the scholarship or bursary program.
How to apply
Applicants applying for either a scholarship or bursary must submit an assignment and complete either the scholarship or bursary application form (see links below ).
The assignment can be submitted in the following formats:
- Essay (up to 1000 words)
- Video MP4 format (no longer than 5 minutes)
The essay or video, application form, and relevant accompanying documents (as per the checklist provided) must be forwarded to the address indicated on the application form, on or before the deadline.
Essay Topic for this year (November 2021 deadline)
Compare and contrast the two main ownership structures of Insurers in Canada.
Based on your research, provide your opinion of the ownership structure that would provide the broadest benefit to the policyholder.
Important Dates
Application deadline: 4:30pm, Tuesday, November 30th, 2021
Announcement of successful candidates: Friday, December 17th, 2021
Presentation of scholarship funding will be made upon written confirmation of enrolment in a relevant insurance course.
