Regulatory Alerts2017-04-26
Notice Regarding Automobile Insurance Forms Q.P.F. No. 4 and Endorsements Coming into Force April 1, 2018
The Autorité des marchés financiers (AMF) has approved and mandated the use of revised clear-language automobile insurance forms Q.P.F. no. 4 and their endorsements, effective April 1, 2018. These updated forms feature a completely revised structure with clearer headings, tables of contents, and introductory sections to improve readability for consumers and industry stakeholders. Insurers must apply the revised forms to all active contracts as of the effective date, and failure to issue the new forms after April 1, 2018 will prevent them from reducing insured commitments or increasing policyholder obligations.
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