Choosing an Insurance Provider

Title/Designation vs. Registration  or Licence Status

Understanding the difference between a personís title or designation and their category of registration or licensing is very important.  While many different titles can be used, it is the category of registration or their category of license that will tell you what a person is allowed to do.

Source: Understanding Insurance Basics, page 2-27, Financial Consumer Agency of Canada, 2012. Reproduced with the permission of the Commissioner of Financial and Consumer Agency of Canada, 2013.  

The FCNB does not endorse any designation or profession. You should always verify the personís qualifications before seeking advice. It is critical that you check an individualís registration or licence status, and the types of products or services they are registered or licensed to sell.

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