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4 Cards in this Set
- Front
- Back
Administration of the insurance act |
Administration is responsibility of the superintendent of insurance , superintendent financial institutions ( BC) or commissioner ( Ontario ) |
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Basis for termination of a insurance License |
1) guilty of misrepresentation , fraud, deceit , or dishonesty |
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Canadian Council of Insurance Regulators ( CCIR) |
a report that articulated the concept that intermediaries ( brokers) must be governed by three fundamental principles |
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Broker standard of conduct as put by Insurance Councils |
1) integrity ( convictions) |