Competencies evaluation tables Damage insurance
The evaluation tables indicate the skills that candidates must acquire in order to master a competency that will be evaluated by an AMF exam. They set out the weighting of the components of the evaluated competency, which is reflected by the number of questions in the exam.
The evaluation tables are a reference framework for AMF exams. They reflect the AMF’s expectations with regard to each competency set out in the Regulation respecting the issuance and renewal of representatives’ certificates This link will open in a new window.
These tables also guide candidates in preparing for the exams by helping them focus their readings on the AMF’s expectations. The evaluation tables should consequently guide candidates in preparing to write AMF exams.
Damage insurance
Law and Ethics
COMPETENCY: Integrate into practice the general principles of law applicable to damage insurance and rules governing the activities of damage insurance representatives (03-114)
Duration : 60 minutes
Number of questions : 20
The candidate must have the ability to:
- Understand the legislative framework governing damage insurance (weighting: 20%)
- Identify the provisions of the Civil Code of Québec applicable to damage insurance
- Determine the scope of An Act respecting the protection of personal information in the private sector
- Identify the main features of the compensation schemes set up under the Automobile Insurance Act
- Integrate into practice the general principles of law applicable to damage insurance contracts (weighting: 40%)
- Interpret the scope of property insurance and liability insurance
- Define the roles of the stakeholders in a damage insurance contract
- Identify the main elements and characteristics of a damage insurance contract
- Identify the validity conditions of a damage insurance contract
- Compare the effects and rules of interpretation of a damage insurance contract
- Integrate into practice the rules governing the activities of damage insurance representatives (weighting: 40%)
- Compare the different organizations that protect damage insurance consumers
- Specify the obligations and responsibilities of damage insurance industry representatives and registrants
- Interpret the scope of the duties and obligations set out in the Code of ethics of damage insurance representatives
Personal property insurance
COMPETENCY: Recommend personal property insurance products adapted to the client’s needs (03-411)
Duration : 60 minutes
Number of questions : 25
The candidate must have the ability to:
- Analyze the insured’s needs based on the risk to be insured (weighting: 20%)
- Identify the insured’s needs using the relevant information gathered on him and on the property to be insured
- Evaluate the physical and moral risk to be insured and determine its eligibility
- Recommend a product adapted to the insured’s needs based on the risk to be insured (weighting: 60%)
- Analyze available coverage that meets the insured’s needs based on the risk to be insured
- Analyze available coverage endorsements to meet the insured’s needs
- Propose different insurance products to the insured by comparing the advantages and limitations of each one, in particular as regards coverage and premium cost
- Help the insured through the validity period of his coverage (weighting: 20%)
- Inform the insured of his contractual obligations
- Process contract amendment, renewal and termination applications as well as contract cancellations
Personal-lines and commercial-lines automobile insurance
COMPETENCY: Recommend personal-lines and commercial-lines automobile insurance products adapted to the client’s needs (03-412)
Duration : 60 minutes
Number of questions : 25
The candidate must have the ability to:
- Analyze the insured’s needs based on the risk to be insured (weighting: 16%)
- Identify the insured’s needs using the relevant information gathered on him and on the property to be insured
- Evaluate the physical and moral risk to be insured and determine its eligibility
- Recommend a product adapted to the insured’s needs based on the risk to be insured (weighting: 64%)
- Analyze available coverage that meets the insured’s needs based on the risk to be insured
- Analyze available coverage endorsements to meet the insured’s needs
- Propose different insurance products to the insured by comparing the advantages and limitations of each one, in particular as regards coverage and premium cost
- Help the insured through the validity period of his coverage (weighting: 20%)
- Inform the insured of his contractual obligations
- Process contract amendment, renewal and termination applications as well as contract cancellations
Commercial-lines property insurance
COMPETENCY: Recommend commercial-lines property and civil liability insurance products adapted to the client’s needs (03-413)
Duration : 120 minutes
Number of questions : 40
The candidate must have the ability to:
- Analyze the insured’s needs based on the risk to be insured (weighting: 15%)
- Identify the insured’s needs using the relevant information gathered on him and on the risk to be insured
- Evaluate the risk to be insured and determine its eligibility
- Recommend a product adapted to the insured’s needs based on the risk to be insured (weighting: 65%)
- Analyze available coverage that meets the insured’s needs based on the risk to be insured
- Analyze available coverage endorsements that meet the insured’s needs
- Propose different insurance products to the insured by comparing the advantages and limitations of each one, in particular as regards coverage and premium cost
- Help the insured through the validity period of his coverage (weighting: 20%)
- Inform the insured of his contractual obligations and provide advice regarding appropriate measures to put in place in order to take full advantage of the coverage
- Process contract amendment, renewal and termination applications as well as contract cancellations