The Office licences all insurers operating in the province and all insurance agents/brokers, agencies, and adjusters. Through the NSBR Online Lookup you may query Insurance Agents or Insurance Agencies licensed with the Office of the Superintendent of Insurance. Please select the type of search you wish to perform. Scotia Home & Auto Insurance Policies are arranged for by BNS Insurance Agency Inc. ("BNSIA") and serviced by Johnson Inc. BNSIA collects your personal information and provides it to either Royal & Sun Alliance Insurance Company ("RSA") or Unifund Assurance Company ("Unifund") for the purpose of providing you your quote for home or auto insurance.
Nova Scotia car insurance is mandatory and provided by private insurance companies and brokerages. If a high-risk driver can’t access car insurance, they would turn to the Facility Association . The Facility Association is funded by insurance companies in NS and operates as the insurer of last resort.
Nova scotia insurance broker licence. fundamentals of insurance; caib – canadian accredited insurance broker; cpib – canadian professional insurance broker; ccib – canadian certified insurance broker; csip – customer service for the insurance professional Step 6: Purchase Errors and Omissions insurance and provide proof to the Commission. After you submit your licence application to the Commission you will be issued a restricted licence to obtain Errors and Omissions (E&O) insurance. E&O is mandatory for all licensees in Nova Scotia and is purchased through the Nova Scotia Association of REALTORS®. Expiry dates New Brunswick agent and broker licences expire on March 31st, June 30th, September 30th or December 15th, whichever is closest to the anniversary of the date the licence was issued without exceeding one year. Agents and brokers who have renewed their licence at least five times, who have not had disciplinary action against them and/or do not have conditions on their licence for.
In Nova Scotia, car insurance companies set auto insurance rates, which are then reviewed and approved by The Office of the Superintendent of Insurance, the organization that enforces the Insurance Act. The Nova Scotia Insurance Review Board (NSIRB) also regulates auto insurance and monitors rates across the province. All insurance agents and agencies operating in Nova Scotia must be licensed with the Office of the Superintendent of Insurance. To find information about licensed agents and agencies, search our free online databases for: Insurance Agents; Insurance Agencies Requirements for an individual to obtain a licence to act as a General Insurance Agent under the Insurance Act In order to obtain a licence, an applicant must meet the following requirements: Complete a General Insurance Agent application, provide applicable supporting documents and pay the required fee of $150.00.
5. Congratulations on becoming a General Level One Agent/Broker in Nova Scotia! If your goal is to maximize your potential in both your education and career, the Insurance Institute of Nova Scotia is here to assist you. Learn more. QUESTIONS? Contact our Licensing Coordinator, Lisa Leblanc, at [email protected] . Get started. The Nova Scotia Office of the Superintendent for Insurance is the regulatory body that oversees insurance licensing in the province of Nova Scotia. Learn about careers in the insurance industry. General Insurance Agent/Broker Licensing. Below are the education requirements needed to prepare you to pass your licensing exams. gov.ns.ca Government of Nova Scotia Nova Scotia, Canada. You may query Insurance Agents licensed with the Office of the Superintendent of Insurance: Using any or all the criteria listed; Please note, the more search criteria entered will return a more concise search result. First Name: Last Name: Licence Number: City/Town: Any Questions.
Let a BrokerLink broker put our local insurance expertise to work for you. Home insurance, car insurance and business insurance here in Nova Scotia. Mortgage brokers need the permit to do business in Nova Scotia. A mortgage broker is someone who receives a fee to act as an intermediary between a borrower and lender for a mortgage loan. By law, mortgage brokers must have a Mortgage Broker Permit to do business in Nova Scotia. When you arrive in Nova Scotia there are a few things you’ll need to do with regards to your driver’s licence and insurance (on top of all the unpacking/nesting fun!). You’ll need to get a Nova Scotian driver’s licence, switch your car’s provincial registration and licence plates, and set up a Nova Scotian insurance policy.
The supervising broker must review and sign all applications for insurance completed by the Level 1 broker. Level 2 Broker A broker cannot obtain their Level 2 license, unless they have previously held a Level 1 license, or have the equivalent qualifications acceptable to the Superintendent of Insurance, or have successfully completed parts 2. This means that if your boat insurance policy says that only the insured operator can drive the boat, and the vessel gets wrecked while one of the insured operator’s friends was driving, the boat may not be covered. Boat insurance helps Nova Scotia boaters to be prepared for the unexpected. Any individual or business involved in the placement of insurance contracts (commonly referred to as “selling insurance”) in Nova Scotia must be licensed. Licenses are issued for agents, adjusters, agencies and insurance companies.
Insurance agents are employed by individual insurance companies or are independent representatives of specific insurance companies. Insurance brokers are employed by brokerage firms, or may work in partnerships or hold sole proprietorship. Supervisors of insurance agents are included in this group. Step 2: Complete the Broker Licensing Course and pass the exam. To become licensed as a broker, you must first complete the two-week broker licensing course administered by the Nova Scotia Association of REALTORS® and pass the exam, administered by the Commission. The variety of businesses in Nova Scotia is astounding, and BrokerLink has been working with Nova Scotians to protect them for over 60 years. Industries like defence, education, agriculture, fishing, mining, forestry and natural gas extraction.
Welcome to Nova Scotia, we are so glad that you decided to relocate to our wonderful province. As a local Insurance Broker we are often asked about getting your vehicle registered and obtaining a Nova Scotia Driver’s license. TD Insurance certainly lives up to its image of a low-cost car insurer in Nova Scotia. At $96 a month on average, its premiums are the cheapest, by far, thus making it a perfect fit for all those looking for budget auto insurance in Nova Scotia.. The best part is that TD Insurance offers a slew of discounts, especially to good drivers, to go along with its pocket-friendly rates. Robert came to Nova Scotia from Newfoundland and started his insurance career with Eisenhauer Insurance in 2003. In 2005 he completed his CAIB (Canadian Accredited Insurance Broker) designation. Robert enjoys spending time with his wife and children, camping and spending time outdoors.
Nova Scotia residents and individuals entering through the Nova Scotia immigration process must get a Nova Scotia licence within 90 days of arrival.. contact an NS Insurance company or work with a Nova Scotia insurance broker to get the right policy for your needs. Learn More.