March 2021 - What's New at the Insurance Council

What’s New at the Insurance Council | March 2021

Annual Filing Starts April 1: Update Your Contact Info

Courtesy email notifications will be sent to all licensees when annual filing becomes available. Please be sure to check and update your contact information via the online portal before then to receive these emails.

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Consultation on Proposed Rule Changes

The Insurance Council has opened public consultation on proposed changes to two Council Rules: Rule 5 - Council Fees and Rule 6(1)(b) - Location Restrictions for General Insurance Salespersons. Learn more about the proposed changes and provide your feedback by May 11, 2021.

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Issuing of Product-specific Restricted Licences Discontinued

The Insurance Council has ceased issuing licences restricted to the sale or adjusting of one or more specific products.

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New Continuing Education Guidelines: Coming Soon

New guidelines for licensees’ continuing education requirements are being introduced on June 1, 2021. Detailed information about the new guidelines will be made available to licensees in the next couple of weeks. In case you missed it, see our update about last year's consultation on the guidelines and what's happening next.

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Webinar for New Life Agents: Registration Now Open

The Insurance Council is pleased to offer a free webinar for new life agents or accident & sickness agents licensed June 1, 2019, and later. This session will provide an overview of definitions, life and accident & sickness agent professional responsibilities, and requirements for conduct, continuing education and E&O insurance.

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Webinar for New Level 1 Salespersons (Registration Ongoing)

Are you a new Level 1 Salesperson (licensed June 1, 2019, onwards) looking for information on your responsibilities and requirements? Join us for a free continuing education webinar held monthly that covers licensee requirements, an overview of continuing education requirements, the temporary rule change on location restrictions, and licence renewal.

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Online Application for Individual Licences Now Available

Thanks to recent upgrades to the Online Portal, applications for individual licences can now be submitted online. Online application for corporate licences is not yet available, but is currently in development. Instructions for the online application process are available here.

IN CASE YOU MISSED IT...

About the 2020 CE Extension: Your Questions Answered

We answer your questions about last year’s extension for 2020 CE credit requirements as well as this year’s requirements, both due May 31, 2021.

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