Required Courses

To become an insurance broker in Canada, you first need a general insurance ‘license’, or “Level 1”. 

To get a license, you will need to study and pass an exam testing your knowledge and understanding of General Insurance.  This is the first step becoming an insurance broker.  This exam is generally referred to as the “Fundamentals of Insurance” or “Level 1 Licensing”, depending on which province you are from.

ILScorp offers a video course that will help you prepare to write the exam.  The video course is presented by Todd Hochban, who has been teaching Insurance licensing exams across Canada for many years.  He covers everything you need to know for the exam, so if you understand all the concepts in the video, you should do great on the exam.  The online course also has practice exams and a final exam to help you prepare yourself.  People love this way to prepare for an exam, especially if you are already working, as the online video course enables you to:

• study at your own pace; review the material as often as you like until you feel confident with the material
• study when you want; where you want.  Have access to the course for 4 months, 24/7 with an internet connection
• course is in an interactive video format; presentation just like as if you were in a classroom setting
• ourse includes mock quizzes and exams to test your knowledge
• ost-effective; no need to pay for travel, accommodations or take time off from work or school.
• Over 80% of students who use this video course to prepare for the exam are successful.

Over 80% of students who use this video course to prepare for the exam are successful.

Once you feel confident that you know the information in the video preparation course, you can then register with the provincial council to write the exam.

Once you pass this exam and are working in an insurance office, you will be qualified to work in any of several positions: handling auto, home and other personal lines transactions, or as a mobile road agent (visiting car dealerships to insure newly purchased vehicles). Level 1 brokers operate under the supervision of a Level 2 or 3 broker.

Get started today. Purchase an online video preparation course in your province and begin studying towards your new career.

ALBERTA – Alberta Level 1&2 Licensing Program – ILS Preparation Course ($299.00)  More details and buy now!

SASKATCHEWAN & MANITOBA – Fundamentals of Insurance ($299.00)  More details and buy now!

ONTARIO – RIBO Level 1 Licensing Exam Preparation Course ($399.95)  More details and buy now!

NEW BRUNSWICK – Fundamentals of Insurance – ILS Preparation Course ($399.95)  More details and buy now!

NOVA SCOTIA – Fundamentals of Insurance – ILS Preparation Course ($399.95)  More details and buy now!

WANT TO KEEP MOVING ON UP?

LEVEL 2 LICENSE

For other positions in insurance, such as a supervisor in personal lines or a representative in Commercial lines, you will require a Level 2 license. This can be attained by completing two further exams, which you can prepare for with the ilscorp.com online video courses. A Level 2 license allows you to write policies outside the office without a senior broker supervising you. A Level 2 licenses may also give you the opportunity to supervise Level 1 brokers in some offices.

LEVEL 3 LICENSE

A Level 3 license allows you to manage a brokerage. It is mostly concerned with how insurance fits within the general economy, and deals with more managerial issues.

CAIB DESIGNATION

By successfully completing all four CAIB exams, and provided you are a member of your provincial insurance brokers' association, you will qualify for the national designation. Designated brokers are typically sought after by prospective employers.

Other designation programs are also available for completion, such as the Canadian Professional Insurance Broker program (CPIB) and the Canadian Certified Insurance Broker program (CCIB).

CONTINUING EDUCATION

Regardless of what level you are at, insurance brokers need continuing education each year. This means you will have to take a few courses or attend seminars/training and keep up-to-date about the industry and products. Your clients will be constantly amazed at how clever you are! All your continuing education training can be done online at www.ilscorp.com – we make it easy for every broker as all our courses and quizzes are online.

For further information please visit our ‘Career and Education’ Page.