FSRA releases updated auto insurance policy forms to align with changes made to the delivery of termination notices
FSRA is releasing its approved auto policy forms to align with government’s amendments to the Insurance Act and related regulations. They now include electronic communication and pre-paid courier as valid notices of termination of auto insurance contracts.
These changes come into effect on January 1, 2022. Previously approved non-standard forms will need to be updated to comply with the new regulation and will have to be re-filed and approved by FSRA.
The following auto policy forms have been updated and approved: