Regulatory Alerts2014-01-09
New Automobile Insurance Endorsement Form Q.E.F. No. 5b for Short-Term Leased Vehicles
The Autorité des marchés financiers has introduced a new automobile insurance endorsement form, Q.E.F. No. 5b, to standardize coverage for short-term leased vehicles under one year. Unlike the previous short-term rental endorsement, this form allows insurers to specify a maximum lease period, providing greater flexibility and improved operational efficiency. All licensed insurers may utilize the standardized endorsement starting March 1, 2014.
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