A-25 - Automobile Insurance Act

Full text
Not in force
93. The insurer must, on every document stating the amount of the premium required for the insurance contract, clearly indicate the amount and the percentage of the commission paid to a firm, to an independent partnership or to an independent representative within the meaning of the Act respecting the distribution of financial products and services (chapter D‐9.2); this information must also appear on any such document issued by a firm, an independent partnership or independent representative.
The insurer who is not doing business through brokers must, on every document stating the amount of the premium required for the insurance contract, clearly indicate the amount and the percentage of his marketing expenses, as determined by regulation of the Government, upon the recommendation of the Autorité des marchés financiers.
1977, c. 68, s. 93; 1977, c. 5, s. 14; 1982, c. 52, s. 51; 1989, c. 48, s. 222; 1998, c. 37, s. 495; 2002, c. 45, s. 165; 2004, c. 37, s. 90.