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A-32.1 - Insurers Act

Section 71
Disposition versions

Full text
71. The form and terms of insurance policies relating to the ownership or use of motor vehicles must be determined by the Authority. The same is true for any riders that may be attached to those policies. If those policies concern a contract to be entered into by an operator or enterprise referred to in the second or third paragraph of section 84 of the Automobile Insurance Act (chapter A-25) or if those riders are attached to such a contract, the Authority must send them to the Minister 15 days before they are determined.
An authorized insurer may attach a rider whose form and terms are not determined by the Authority to such a policy if the rider
(1)  provides for terms stipulated solely for the benefit of the insureds; and
(2)  has been sent to the Authority and, in the case of a rider attached to a contract to be entered into by an operator or enterprise referred to in the second or third paragraph of section 84 of the Automobile Insurance Act, to the Minister.
The Authority may attach conditions or restrictions to a rider attached to a contract to be entered into by an operator or enterprise referred to in the second or third paragraph of section 84 of the Automobile Insurance Act. It must send the conditions or restrictions to the Minister 15 days before attaching them to such a rider.
2018, c. 23, s. 3; 2021, c. 34, s. 13.
71. The form and terms of insurance policies relating to the ownership or use of motor vehicles must be approved by the Authority. The same is true for any riders that may be attached to those policies.
An authorized insurer may attach a rider whose form and terms are not approved by the Authority to such a policy if the rider
(1)  provides for terms stipulated solely for the benefit of the insureds; and
(2)  has been sent to the Authority.
2018, c. 23, s. 3.
In force: 2019-06-13
71. The form and terms of insurance policies relating to the ownership or use of motor vehicles must be approved by the Authority. The same is true for any riders that may be attached to those policies.
An authorized insurer may attach a rider whose form and terms are not approved by the Authority to such a policy if the rider
(1)  provides for terms stipulated solely for the benefit of the insureds; and
(2)  has been sent to the Authority.
2018, c. 23, s. 3.
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