| Department of Finance and Treasury Board - Financial Institutions
Insurance Adjuster Licence: Company |
 |
| Who Needs This Licence? |
| |
Any company 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. We cannot accept any form of
Debit cards at this time.
Information you will need to fill out your application form: |
| |
- Canada Revenue Agency (CRA) Business Number.
- Registry of Joint Stock Companies Number
- Agent-in-Charge's name (must be a Level IV Adjuster), contact information
and date of birth.
- Contact person (if not the Agent-in-charge), including name, contact
information and date of birth.
- List all employees, officers and partners, including contact information,
date of birth and whether they will be adjusting claims in Nova Scotia.
- Three years of employment history for Agent-in-charge, officers and
partners.
- Details are required if the agent-in-charge any partner or any officer
or director 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 judgements against you
- will be engaged or employed in any other business, occupation or
profession
- are currently licenced/register for the sale of any other financial
products or services
- are a director, officer or employee of a bank, loan corporation,
finance, real estate or trust company
|
| |
A licensing guide can be obtained at
any Access
Nova Scotia Centre or from the Financial Institutions Division (in
Halifax) listed above.
The completed application is submitted to the Department, along with
the applicable fee (see Price below).
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
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.
- Registration with the N.S. Registry of Joint Stock Companies.
|
| 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 |
