AI-assisted research summary: This regulation sets fixed fees for several insurance-related applications and services, and it revokes two earlier fee regulations.
c t INSURANCE ACT FEES REGULATIONS PLEASE NOTE This document, prepared by the Legislative Counsel Office, is an office consolidation of this regulation, current to August 1, 2005. It is intended for information and reference purposes only. This document is not the official version of these regulations. The regulations and the amendments printed in the Royal Gazette should be consulted on the Prince Edward Island Government web site to determine the authoritative text of these regulations. For more information concerning the history of these regulations, please see the Table of Regulations on the Prince Edward Island Government web site (www.princeedwardisland.ca). If you find any errors or omissions in this consolidation, please contact: Legislative Counsel Office Tel: (902) 368-4292 Email: legislation@gov.pe.ca Insurance Act Fees Regulations Section 1 c INSURANCE ACT Chapter I-4 FEES REGULATIONS Pursuant to sections 83 and 84 of the Insurance Act R.S.P.E.I. 1988, Cap. I-4, Council made the following regulations: 1. Fees The following fees are prescribed: (a) license for an insurer, for a one-year term .............. .................................................. $900 (b) certificate of authority for an agent, for a two-year term .......................................... $200 (c) full or probationary license for an adjuster, for a two-year term .............................. $200 (d) transfer of a license of an agent or adjuster............. ................................................... $ 50 (e) insurance exam .......................................................... ................................................... $ 50 (f) letter of good standing .............................................. ................................................... $ 25 (g) copy of a certificate of authority .............................. ................................................... $ 25 (EC246/05) 2. Revocation The Insurance Act Fees Regulations (EC42/97) and the License Fees for Insurers Regulations (EC257/75) are revoked. (EC246/05) c t Updated August 1, 2005 Page 3