Saskatchewan auto dealers can insure

Saskatchewan is changing the way they do incidental insurance licensing. This is insurance being sold by people who are not licensed agents.

The Saskatchewan Insurance Act Amendment Regulations 2010 document specifies the types of business entities allowed to be licensed to sell insurance through unlicensed employees. It also defines the types of insurance they are allowed to sell.

The new regulations come into effect on September 1, 2010. The Insurance Councils of Saskatchewan intends to begin implementation of the licensing regime by the end of the third quarter of 2010.

This program is similar to Alberta’s restricted licensing model.

The list of the types of businesses allowed to sell insurance through unlicensed employees includes the following:

Automobile dealership

  • The operator of an automobile dealership may apply for a license to sell creditor's disability insurance, equipment warranty insurance, creditor’s life insurance, and creditor’s loss of employment insurance.


Farm implement dealership

  • The operator of a farm implement dealership may apply for a restricted license to sell equipment warranty insurance, highway transport vehicle payment insurance and highway transport vehicle gap insurance.


Construction equipment dealership

  • The operator of construction equipment dealership may apply for a restricted license to sell equipment warranty insurance, highway transport vehicle payment insurance and highway transport vehicle gap insurance.


Transportation company

  • A transportation company may apply for a restricted license to sell cargo type insurance and travel insurance.


You still need to see a licensed agent to purchase your vehicle insurance.

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