AMF Group Insurance study guide
AMF Group Insurance · Work through your exam, one topic at a time.
The AMF Group Insurance Certification Exam (also called the Group Insurance of Persons Certification Exam, or Examen d'assurance collective de personnes) is the Quebec certification examination administered by the Autorité des marchés financiers for candidates seeking to become licensed to practise group insurance of persons. Group insurance of persons covers group life, disability, health, and related benefit plans offered through employers, associations, and other plan sponsors, so the credential is aimed at people who advise plan sponsors and members, explain coverage, and handle enrolment and claims matters within the regulatory framework that governs distribution in Quebec. The AMF Group Insurance study guide has 5 sections and about 1,732 words.
01Group Insurance Fundamentals and General Provisions
Group insurance is built on a master contract between an insurer and a policyholder - usually an employer, association, or trustee - that covers a defined class of persons. Covered individuals receive a certificate of coverage, not the master policy itself.
368 words, about 2 min02Group Life Insurance
Group term life is the foundation: renewable one-year term coverage, usually with a schedule of benefits based on salary multiples or flat amounts. It builds no cash value.
331 words, about 2 min03Group Disability and Health Insurance
Short-term disability (STD) and long-term disability (LTD) replace a portion of income, typically 50–70%. Key terms: elimination period (waiting period before benefits), benefit period, definition of disability (own occupation vs.
356 words, about 2 min04Group Insurance Plans and Plan Design
Plan design balances cost, competitiveness, and employee needs. Designers choose benefit levels, contribution structures (noncontributory vs.
336 words, about 2 min05Regulation, Ethics, and Client Relations
Group insurance is regulated primarily by the states through insurance departments, which license insurers and producers, approve policy forms, and enforce market conduct rules. Federal laws overlay state regulation: ERISA governs employer benefit plans, COBRA mandates continuation coverage, HIPAA sets portability and privacy standards, and the ACA imposes market reforms.
341 words, about 2 min