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Travel Insurance Exempt employees and commissioned salespersons of restricted travel agencies and licensed sole proprietors must complete a minimum of two hours of continuing education each calendar year. Individuals who commence work as a restricted travel insurance agent after July 1 in a calendar year will only be required to complete one hour of continuing education in that calendar year. For information on record keeping requirements, click on Maintaining Records on the banner above. Read this section carefully. Council will conduct audits of travel insurance agencies to ensure compliance with these requirements. Failure to meet these conditions means the exemption does not apply and may result in the individual being in breach of the Act and the travel agency being subject to disciplinary action by Council. Disciplinary action could include loss of the licence, which would prevent the agency and its employees from engaging in the sale of travel insurance. It is the travel agency’s responsibility to ensure all of its employees and commissioned salespersons comply with the exemption provisions.
For more information on travel insurance continuing education, click on Travel Program on the banner above, then select a topic from the drop down menu. |