Insurance - Non-Resident Other-Than-Life Brokers Licence
Any person who resides outside of New Brunswick and who carries on the business of an insurance broker for any class of insurance other than life insurance in the province must have a valid licence.
Non-resident brokers who are licensed in their home jurisdiction may apply for a licence to act as an insurance broker in the Province. A Certificate of Authority from their home jurisdiction confirming that the applicant is licensed and in good standing must accompany the application.
Criminal record checks are done by the New Brunswick insurance regulator on new applicants or applicants who previously held a licence but two years have elapsed since their last held licence.
Non-resident Broker - any suitable person residing outside of New Brunswick to negotiate, continue or renew contracts or insurance other than life insurance or to place risks or effect insurance with an insurer licensed in the Province or its agent.
Unless otherwise specified, Fees exclude the harmonized sales tax (HST).
|Fee Description||Rate in $||Effective Date|
|Fees shall be submitted with an application or a renewal. Licenses expire annually on June 30th, September 30th, December 15th, or March 31st depending on the licence effective date. Fees are as follows:|
|Non-resident Brokers Licence||200.00||2009-02-26|
|Transfer of Licence to New Sponsorship||20.00||2006-01-01|
|Certificate of Proof of a Licence||10.00||1984-01-01|
|Copy of a Lost Licence||5.00||1984-01-01|