AMF Claims Adjuster (Quebec) study guide
AMF Claims Adjuster (Quebec) · Work through your exam, one topic at a time.
The AMF claims adjuster certification is administered by the Autorité des marchés financiers, Quebec's financial regulator, and is the gateway to practising as a claims adjuster in the province. It is aimed at candidates who assess and settle insurance claims - damage insurance claims and liability claims - whether in-house for an insurer or as independent adjusters. Because the exam validates the knowledge and judgement needed to act lawfully and fairly on behalf of policyholders and insurers alike, it is relevant to career-changers entering the claims field as well as to people already working in claims who need formal certification. A complete preparation plan should cover four broad areas: the fundamentals of claims adjustment and the adjuster's professional role, the legal framework set out in the Civil Code of Québec together with insurance law principles, property (damage) insurance coverage and claim handling, and liability insurance coverage and claim handling. The AMF Claims Adjuster (Quebec) study guide has 4 sections and about 1,348 words.
01Claims Adjustment Fundamentals and the Adjuster's Role
An adjuster's job is to investigate a claim, determine whether coverage exists, quantify the loss, and settle or recommend settlement. In Quebec, the adjuster is a regulated professional acting under provincial licensing rules, and is expected to act in good faith toward both insurer and insured.
340 words, about 2 min02Insurance Law and the Civil Code of Québec Framework
Quebec insurance law sits in the Civil Code of Québec (Book Five) and in the Insuring Act, supplemented by the insurer's policy wording. The Code supplies default rules that apply unless the parties validly derogate; many protections for the insured are mandatory and cannot be contracted out of.
393 words, about 2 min03Property Insurance: Coverage and Claims Handling
Property coverage is built from declarations (insured property, limits, deductibles), insured perils, exclusions, and conditions. Named-peril policies list covered events; all-risk policies cover everything except what is excluded.
318 words, about 2 min04Liability Insurance: Coverage and Claims Handling
Liability policies respond to the insured's legal liability to third parties for bodily injury or property damage, and oblige the insurer to defend the insured. Coverage is triggered by an occurrence or accident, and the policy defines who is an insured, what damages are covered, and which exclusions apply.
297 words, about 1 min