CIP Recognition of Prior Learning Exam for AEC/DEC Damage Insurance Programs
Graduates who complete the Attestation d’études collégiales (AEC) Damage Insurance program or the diplôme d’études collégiales (DEC) Financial services and Insurance Technology are eligible to obtain four Chartered Insurance Professional (CIP) credits upon successful completion of the CIP Recognition of Prior Learning Exam for AEC/DEC Damage Insurance Programs. Applicants must submit their AEC/DEC damage insurance diploma and pass the qualifying exam to be eligible to receive the CIP credits below:
• C11 Principles and Practice of Insurance,
• C12 Insurance on Property (Quebec),
• C13 Insurance Against Liability – Part 1, and
• C14 Automobile Insurance – Part 1 (Quebec)
These credits can be used towards obtaining the CIP designation.
Candidates who pass the CIP Recognition of Prior Learning Exam for AEC/DEC Damage Insurance Programs will also be eligible for two (2) additional elective CIP credits, if they complete one of the Institute’s eligible certificate programs such as Commercial Insurance Certificate Program or Risk Management Certificate Program.
Test your readiness to take the exam
IIC has developed resources to help you prepare for the CIP Recognition of Prior Learning Exam for AEC/DEC Damage Insurance Programs.
You can register to take a FREE Readiness Test to assess yourself prior to taking the CIP Recognition of Prior Learning Exam. This test consists of questions on the topics assessed on the exam and will help you determine the areas you may want to focus when preparing for the exam. You can take this test as many times as you like. We highly recommend taking advantage of this test.
Students must provide proof of the Attestation d’études collégiales (AEC) Damage Insurance program or the diplôme d’études collégiales (DEC) Financial services and Insurance Technology diploma in the form of an official transcript and pass the qualifying examination to receive the credits.
Please email your official transcript to email@example.com.
The fee to write the exam is $400. Examination rewrite fees are $350. Applicants are required to be members of their local IIC Institute. Examinations are offered one day a month in April, July and December in a virtually proctored format. In-person exam may be available at selected location. For questions about obtaining your membership or scheduling an exam please contact Member Services at IICmail@insuranceinstitute.ca
For registration and examination dates and times, see table below.
March 17, 2023
Friday April 14, 2023
June 16, 2023
Friday July 7, 2023
November 17, 2023
Thursday December 7, 2023
The questions on this exam are designed to collectively assess the required knowledge for someone who has obtained an AEC/DEC diploma to be granted the four CIP credits and enter the CIP program: C11 Principles and Practice of Insurance, C12 Insurance on Property (Quebec), C13 Insurance Against Liability – Part 1, and C14 Automobile Insurance – Part 1 (Quebec).
The examination is based on the AEC/DEC Damage Insurance Competency Profile and consists of 150 stand-alone multiple-choice questions (MCQ), for a total of 150 marks, and is 3 hours in duration. The examination Blueprint shows a breakdown of the questions on the exam by competency and associated behaviours.
Please click here to review the sample questions.
Rescheduling and Deferrals
For information on rescheduling and deferrals, please click here.
If a candidate wishes to fully withdraw, their exam fee will be forfeited.
Candidates are allowed two rewrites or three attempts in total within a year. After three unsuccessful attempts, the candidate will no longer be eligible for CIP course credits and will need to enroll through regular tuition. Candidates who have not completed their rewrite attempts within a year of their original registration will forfeit their eligibility for credits and may reattempt to take their CIP program through the regular tuition.
For information on accommodations, please click here.
Multiple choice exams are carefully constructed to ensure that each question is accurately scored. Exam questions are also reviewed after administration to ensure that there are no errors in the scoring. If a candidate believes that an exam is erroneously scored, they can request a rescore for a fee of $50 which will consist of a manual recount of the candidate’s answers, but it is unlikely to produce a changed result.
The deadline to appeal your grade is seven (7) business days from the date of the grade release. Should you wish to appeal your examination, please contact Member Services at 1-866-362-8585.
The examination will be a closed-book exam and no external materials will be permitted. If a student is found to have breached the exam or has acted in an academically dishonest manner, their examination results will be disqualified, and they will not be eligible to receive CIP credits through credit recognition. Students may reattempt to take their CIP through the regular tuition path once their suspension period has passed. Detailed rules and regulations can be found under the Rules and Regulations page.
Upon completion of the exam, you will receive a score report showing you a breakdown of your score based on the Examination Blueprint. You can use the score report to assist you in understanding areas where you may need further study.
The exam cut score or passmark is set at 60%.
If a student has not obtained the Attestation d’études collégiales (AEC) Damage Insurance program or the diplôme d’études collégiales (DEC) Financial services and Insurance Technology diploma, but has obtained one of the following license classes, they will be eligible for a C11 credit.
• Personal-lines damage insurance (03-114, 03-411, 03-412)
• Commercial-lines damage insurance (03-114, 03-412, 03-413)
• Personal lines claims adjustment (05-115, 05-511, 05-512)
• Commercial lines claims adjustment (05-115, 05-512, 05-513)
Please email a copy of your license to firstname.lastname@example.org.