New ChAD Compliance Courses for your 2019 ChAD PDU Requirements
To fulfill your professional development obligations, ChAD members must:
Earn 20 professional development units (PDUs) during each two-year reference period, in the following categories:
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- Compliance (minimum 3 of PDUs)
- Administration, Insurance techniques or Law
- Professional development (maximum of 5 PDUs)
Successfully complete the compulsory course entitled Focusing on Compliance: Your Duty to Inform, Explain and Advise (2 PDUs in Compliance) before December 31, 2019. This course is only available through EduChAD and must be purchased and completed through them.
All ILScorp ChAD PDU Subscribers now have access to 2 new ChAD Compliance courses. These courses invite you to have a close look at the Quebec insurance act entitled the Act Respecting the Distribution of Financial Products and Services. It is true of any Act that it cannot be summarized for the simple reason that it is a set of very specific details, all of which are important because they represent the particulars of a rule of law in a certain domain. These courses provide you with introductions to the various sections of the Act in the hope that this will help you to anticipate the focus by addressing it “one chunk at a time.” The objective of these courses is to assist you in using the Act itself as a reference when you need it.
Act Respecting the Distribution of Financial Products and Services Part 1
ChAD Compliance Course for 3 PDU’s
Act Respecting the Distribution of Financial Products and Services Part 2
ChAD Compliance Course for 3 PDU’s
Both of these ChAD compliance courses are included as part of the ILScorp ChAD PDU Subscription.
With the ChAD Accredited Online Courses Subscription you will:
- have 6 months access to over 70 accredited ChAD insurance training courses in both text and streaming video formats
- access over 100 PDUs in the categories administration and insurance techniques, professional development and professional compliance and Law and Legislation
- save money compared to purchasing individual courses
- have a digital record of your completed course work, which we keep on file for up to seven years
- save time by completing your PDU requirements entirely online, no paperwork or commute
Remember, as a Quebec licensed damage insurance agent, broker or claims adjuster, you must complete 20 hours (PDUs) of training per two-year compliance period. The compliance period deadline is December 31, 2019.