Unfair or Deceptive Acts or Practices Rule
UDAP – Unfair or Deceptive Acts or Practices Rule
The purpose of the course is to provide detailed information to show the broadened scope of unfair and deceitful acts and practices in the FRSA Rule and to make insurance professionals aware of the importance of being fully versed in its stipulations.
Course Content
This course covers the following topics:
- Benefits of the Unfair or Deceptive Acts or Practices (UDAP) Rule
- Reasons insurers, brokers and agents in the province of Ontario should review the Rule in its entirety
- Interpretation of terms and references within the Rule
- Unfair or Deceptive Acts or Practices as set forth in S.3-S.10
- Particulars of Coming into Force