| Department of Finance and Treasury Board -
Financial institutions
Insurance Adjuster Licence: Individual |
 |
| Who Needs This Licence? |
| |
Anyone involved in the adjusting of
insurance claims in Nova Scotia.
|
| Issuing Department
/ Agency: |
| |
Nova
Scotia Department of Finance and Treasury Board
|
| Where can you get this licence and / or further information? |
| |
Financial
Institutions Division
Finance and Treasury Board
Tel: 902-424-7551 or 902-424-5528
Fax: 902-424-1298
e-mail: FININST@novascotia.ca |
Office
Location:
Provincial Building
1723 Hollis Street, 4th Floor
Halifax, NS B3J 1V9
Mailing Address:
PO Box 2271
Halifax, NS B3J 3C8 |
| Application Forms &
Process: |
| |
With this Licence, there are two different
ways to submit your application form:
A) You can send in a hard copy. You can get a form
by:
(1) downloading
a form from our website;
(2) calling, writing or visiting the Licensing Section office listed above.
You can pay by Visa, MasterCard or American
Express Credit Card or by cheque. We cannot accept any form of
Debit cards at this time.
Information you will need to fill out your application form: |
| |
- Details are required if you have
- had a licence or registration refused suspended, revoked or subject
to a disciplinary hearing
- been convicted of, or are currently charged, with an offence
- been involved in a personal or corporate bankruptcy with the past
six years
- have any unpaid judgments against you
- had any employment or business relationship terminated for breach
of trust or confidentiality, fraud, misappropriation of funds, theft,
forgery, sexual harassment or physical assault
- Confirmation of Insurance Institute Courses successfully completed
- Signed Adjuster Agreement if applying for a Level I, II or III licence
- Name and address of the Company where you
will be employed
- If you are a director, officer or employee of a bank, loan corporation,
finance or trust company specify the name(s) and address(es).
- Three years of employment history
|
| |
The completed application is submitted
to the Department, along with the applicable fee (see Price below).
The application process includes a background check, sponsorship by a corporate adjuster and
the successful completion of particular courses (which are specifically
prescribed by Regulations governing this licence.)
If the applicant is a non-resident, a Certificate of Status from the
jurisdiction in which the applicant is resident must be provided.
If all requirements are met and the application is approved, the licence
will be mailed to the applicant.
|
| Waiting Period: |
| |
10 business days
Provided that all the items that must accompany the application have been received
|
| Expiry & Renewal: |
| |
This licence is valid for 3 years
from the day it is issued. It can be renewed; the Department will send
out a renewal notice approximately 45 days before it expires.
|
| Price:
(No tax is charged) |
| |
Initial application and renewal: $398.10
Change of employer: $66.35
Certificate of Status: $13.30
If you send in an application form (or drop it off in person), payment
is by cash, cheque or money order made out to the Minister of Finance.
No debit cards are accepted at this time. |
| Related Requirements: |
| |
The applicant is required
to have completed the courses and experience as prescribed by the Regulations
governing this licence.
|
| Additional Information: |
| |
Licences will not be issued to any
partnership or corporation in the business of adjusting claims, unless
they have a level IV licensed adjuster on staff. The fee for a level V
licence is the same as the fee for an individual.
|
| Legislative Authority: |
| |
Insurance
Act, Revised Statutes of Nova Scotia, 1989, Chapter 231
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