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Home > Corporate > Finance and Informatics > Chapter 11 - Non-Public Funds Consolidated Insurance Program (Revised 23 Jan. 03)

ANNEX M - CHAPTER 11

CHANGES IN INSURED RISK

PROPERTY

  1. The requirements for reporting changes in NPP holdings are outlined in paragraph 14 of this chapter.

NPF MOTOR VEHICLES

  1. The following changes must be reported to the CFO&VPI:

    1. the acquisition of an NPF owned vehicle; and

    2. the disposal of an NPF owned vehicle.

  2. Notification is required in the above cases as the Insurer must be made aware of a change in risk and must issue a Motor Vehicle Liability Insurance Card. The Fin Div will be responsible for informing the Insurer of changes in paragraph 2 for units in Canada only. European units are to inform the European insurer direct to obtain the required Liability Insurance Card.

  3. Details required in reporting changes to NPF owned vehicles are:

    1. name of registered owner (CO of unit);

    2. year/make/type of vehicle (20xx Ford Pick-up);

    3. serial number;

    4. area of operation; and

    5. used by (1) CANEX or (2) Other NPF activity, eg, golf club, PMQ council.

    6. NOTE: The above information is required also for NPF owned recreational vehicles that may at any time be used off unit premises, whether required to be licensed or not.

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