Watch this short video to learn more about the Insurance Business Model and to discover the important role that the claims adjuster will have.
(Optional transcript of video)
Independent and public adjusters must be licensed. Most staff adjusters also require licensing, although those in Nova Scotia and Ontario do not. In many provinces, a probationary license is given to independent and public adjusters and licensing may be tied to completion of a certain number of Chartered Insurance Professional (CIP) courses. The full license is then granted after they complete more CIP courses and a written or oral examination. Each province’s adjusting license requirements will differ.
Let’s check your understanding. What did you learn in this section?
[Click ‘Mark Complete’ to record your progress]
