Courtesy lifeinsurancebrokers.com

New Business Declinations:

1. Incomplete applications Ie:

• Refusal to authorize the ordering of required reports
• Fails to provide the previous insurers name and policy number
• Applicants gives false or incomplete particulars of the descried automobile
• Applicant knowingly misrepresents or fails to disclose any required fact.

1. Failure to pay outstanding premiums owing to company.
2. Any vehicle that has been insured for Comprehensive or specified perils coverage only continuously over the past 12 months.
3. Where there is failure to repay benefits received under an auto policy to which the insured was not entitled
4. One or more cancellations for material misrepresentations or non disclosure in the preceding 3 years
5. Failure to promptly notify the insurer of any change in the risk material to the contract That is within the insured knowledge.
6. Three or more cancellations for non payment of premiums in the preceding 3 years
7. Any applicant /insured or named operator whose current motor vehicle record can not be verified
8. One or more convictions for auto insurance fraud in the preceding 10 years.
9. One or more criminal code convictions in the prior 3 years.
10. Any applicant /insured or named operator who has had a license suspension due to a criminal code conviction in the preceding 6 years
11. One or more major conviction in the prior 3 years including operating a vehicle without insurance or making a false statement in the certificate of insurance required for the insurance, validation or transfer of a vehicle permit.
12. Three minor convictions in the preceding 3 years.
13. Insured contravenes a term of the Automobile insurance contract.
14. Two or more at fault accidents in the prior six years.
15. One at fault Loss where the principal operator has been licensed for less than 4 years
16. One at fault accident in the prior 6 years ,and 2 minor convictions in the prior 3 years
17. One at fault accident in the prior 6 years and 1 minor conviction in the past 3 years and I cancellation for non payment of premiums in the prior 3 years
18. One at fault accident in the prior 6 years and 2 cancellations for non-payment in the prior 3 years.
19. Two minor convictions in the prior 3 years and 2 cancellations for non payment of premium in the prior 3 years
20. Insured willfully makes a false statement in respect of any claim under a contract of automobile insurance.
21. Risks requiring a liability limit of greater than $2,000,000
22. Where the vehicle is not roadworthy or fails to meet government standards.
23. Recommendations or terms of acceptance are not complied with by the insured (Ie signed documentation of restrictive endorsements such as OPCF 28 or 28A have not been received) then the risk will be declined.
24. Vehicles not registered or not plated in the province of residence.
25. Risk where the applicant and or the principal operator does not have a permanent provincial address and residency or is not a resident of Canada and will only be in Canada for a period of less than one year.
26. Any risk where the insured is the only operator of the vehicle(s) and whose license is under suspension
27. Where any driver who previously signed an excluded driver endorsement (opcf 28A ) and has subsequently been found driving the vehicle.
28. A vehicle which is owned by an individual and rented or leased to others
29. Vehicle is used for a purpose other than that for which it was designed as a personal use private passenger vehicle (e.g. including but not limited to short term rentals, courier, fast food or emergency response).
30. Vehicle is operated on muskeg, bog, or ice.
31. Vehicles designed and used for race and or speed tests
32. Kit cars and replicas
33. Where the behavior of the insured /applicant or named driver is abusive or threatening to the insurer or brokerage staff and the police have laid the appropriate charge.

1. Insured knowingly misrepresented or failed to disclose any required fact when applying for a new policy or when requesting a change in the existing policy.
2. Failure to pay outstanding premiums owing to company
3. Three or more cancellations for non payment of premium in the preceding 3 years
4. Any vehicle that has been insured for comp or specified perils coverage only continuously over the past 12 months.
5. Where there is failure to repay benefits received under an auto policy to which the insured was not entitled
6. One or more cancellations for material misrepresentations or non disclosure in the preceding 3 years
7. Failure to promptly notify the insurer of any change in the risk material to the contract that is within the insureds knowledge
8. Any applicant /insured or named operators whose current motor vehicle record can not be verified.

 

9. Where the behavior of the insured /applicant or named driver is abusive or threatening to the insurer or brokerage staff and the police have laid the appropriate charge.

 

10. One or more convictions for auto insurance fraud in the preceding 10 years.

 

11. One or more criminal code conviction in the prior 3 years.

1. Any applicant /insured or named operator who has had a license suspension due to a criminal code conviction in the preceding 6 years

1. One or more major conviction in the prior 3 years including operating a vehicle without insurance or making a false statement in the certificate of insurance required for the insurance, validation or transfer of a vehicle permit.
2. Four minor convictions in the proceeding 3 years
3. Three minor convictions where the principal operator has been licensed for less than 4 years
4. Insured contravenes a term of the automobile insurance contract.
5. Two or more at fault accidents in the prior six years
6. One at fault accident in the prior 6 years and 3 minor convictions in the prior 3 years.
7. One at fault accident in the prior 6 years and 2 minor convictions in the prior 3 years and 1 cancellation for non payment in the prior 3 years.
8. One at fault accident in the prior 6 years and 2 cancellations for non payment in the prior 3 years
9. Three minor convictions in the prior 3 years and 2 cancellations for non-payment of premium in the prior 3 years.
10. Insured willfully makes a false statement in respect of any claim under a contract of automobile insurance
11. Risks requiring a liability limit of greater than $2.000,000
12. Recommendations or terms of acceptance are not complied with by the insured (Ie signed documentation of restrictive endorsements such as OPCF 28 or 28A have not been received) then the risk will be not renewed.
13. Where any driver who previously signed an excluded driver endorsement (opcf 28A ) and has subsequently been found driving the vehicle
14. Material change in risk from a personal lines exposure.
15. Vehicles not registered or not plated in the province of residency.

1. Risk where the applicant and or the principal operator does not have a permanent provincial address and residency or is not a resident of Canada and will only be in Canada for a period of less than one year.
2. A vehicle which is owned by an individual and rented or leased to others
3. Vehicle is used for a purpose other than that for which it was designed as a personal use private passenger vehicle (eg including but not limited to short term rentals, courier, fast food or emergency response).

1. Applicant /insured knowing misrepresents or fails todisclose any required fact when applying for a new policy or when requesting a change to the existing policy
2. Non payment of all or part of premium.
3. Material change in risk
4. Any risk where the insured is the only operator of the vehicle and whose license is under suspension.

2. Vehicle that has been specially built, altered.changed or modified in any way from the original manufacturers product.
3. ATV's other than 4 or6 wheelers.

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