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Consumer Advisory
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As of November 1, 2003, no one may act as an adviser, consultant or representative on behalf of a person concerning a claim for statutory accident benefits (SABS), unless the representative meets certain requirements set out in regulations. For example, representatives must now file a declaration with FSCO, purchase errors & omissions insurance coverage and adhere to a Code of Conduct.
A SABS claimant should confirm that his or her representative has met these filing requirements.
Representatives who do not file a declaration cannot represent SABS claimants under any circumstances and can be prosecuted by FSCO.
FSCO does not endorse SABS representatives or their use. A SABS representative may not indicate in any way that he or she is licensed or that his or her services or qualifications as a SABS representative are endorsed by FSCO. After filing a declaration with FSCO, the SABS representative may tell people that he or she has filed and is legally permitted to advise and represent persons claiming statutory accident benefits, as long as his or her name appears on FSCO's web listing.
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Financial Services Commission of Ontario