October 16, 2015 Organization Insurance

Montréal - Drawing on its training and qualification expertise, the Autorité des marchés financiers (the "AMF") has been co-ordinating the harmonization of the Life Licence Qualification Program (LLQP) over the past several months. This program, which will come into effect in January 2016, updates and harmonizes the competency requirements for individuals seeking a career in insurance of persons (life and health insurance) in Canada.

"Were moving into the final stages of the project in Québec with the publication of a regulation (pdf - 65 KB)This link will open in a new windowUpdated on October 15, 2015"Regulation,amend,issuance,renewal,representatives’ certificates" which marks the roll-out of this new program," said Louis Morisset, AMF President and CEO. This builds on the work undertaken in partnership with the Canadian Insurance Services Regulatory Organizations This link will open in a new window (CISRO) since July 2012 to establish new qualification criteria for harmonized national licensing exams.

"We are convinced that the new competencies assessment structure developed by our teams will ensure ethical professional practice across Canada that also complies with requirements specific to Québec," concluded Mr. Morisset.

Individuals interested in a career in insurance of persons can consult the list of course

providers recognized by the AMF who may now offer training services.

For more information, visit the Life Licence Qualification Program

section of the AMF website.

The Autorité des marchés financiers (the "AMF") is the regulatory and oversight body for Québec's financial sector.

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