Filing insurance policies certificates with Canadian Transportation Company – Newsletters

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Air carriers supplying scheduled global providers to or from Canada need to, by virtue of the Canada Transportation Act (SC 1996, c 10), file proof of insurance coverage each and every 12 months as a problem of protecting their licence. Traditionally, the Canadian Transportation Agency has, in some cases, permitted for leniency in the type of granting extra time for air carriers to file the appropriate certificates when the prior year’s certificates on file experienced expired. The necessary filings are comprised of two documents:

  • a certification of insurance and
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  • a certificate of endorsement.
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The variety of these certificates is prescribed by regulation – and nicely acknowledged to most aviation insurance policy brokers.

Ordinarily, several carriers renew their coverage in November and December each yr, which triggers the higher than submitting needs.

As renewal time is in this article, a review of the agency’s modern selections demonstrates that this sort of leniency is no longer remaining extended as the agency is now ready to suspend air carriers’ licences right away on the expiry of the certificates on file.

Without a doubt, in November 2020 alone, the company issued extra than two dozen these suspensions. This craze has ongoing into December 2020.

As a consequence, air carriers are properly encouraged to take proactive techniques to have their insurance policies documentation submitted in a timely way. What’s more, the agency is infamous for scrutinising the type of the certificates to assure that they are compliant. Appropriately, very best practice suggests that it would be prudent to file the certificates at the very least two business enterprise days before expiry to make it possible for time to request brokers to make amendments, if demanded.

For even more facts on this topic remember to get in touch with Carlos P Martins at WeirFoulds LLP by phone (+1 416 365 1110) or electronic mail ([email protected]). The WeirFoulds LLP web page can be accessed at www.weirfoulds.com.

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