Licensing Exam Information
Level 1 Licensing Examination
The Insurance Institute of New Brunswick is now offering level 1 licensing examinations in an online virtual proctor format. The main priority of the Institute is the health and safety of our students and members.
Virtual proctoring involves the installation of software on a candidate’s laptop/computer and use of a webcam, among other requirements. The virtual proctor closely monitors candidate activity during the exam. Visit our Virtually Proctored Computer-based Examinations page for more information.
Online licensing exams are subject to an additional fee, per candidate, per attempt.
Virtual proctoring has certain system requirements – please review them on our IIC site: System requirements.
Students must have a computer with access to the internet and a webcam.
Once you’ve reviewed the system requirements and you find your computer meets the specifications, you are ready to contact us to register.
Online exam availability is limited, and timeslots are reserved on a first-come, first-served basis.
If you are unsuccessful with your exam and need to rewrite, you will need to get in touch to re-start the process. Please note, the earlier in the session you book, the more likely we will be able to get you registered for a later date in the same session.
1. Review the System requirements to determine if your computer meets the requirements.
2. If your computer meets the requirements, submit your request to register for your virtual exam to: Monique LeBlanc, IINB Manager.
If you have any questions, please contact Monique LeBlanc, IINB Manager.
The exam is two (2) hours long and is based on learning objectives and content provided in the Insurance Institute's study kit. You must obtain a minimum of 75% on the exam to pass. Study aids cannot be used during the exam.
The exam consists of 100 multiple-choice questions divided into the following categories and sub-categories. Pay close attention to the learning objectives in each study, as the exam questions are based on these. Also, ensure that you are familiar with multiple choice questions and how they need to be answered:
New Brunswick and Nova Scotia OTL Exam Structure
Industry Knowledge (32%)
- Insurance and risk concepts
- Insurance contract/policy
- Ethics and professionalism
Automobile Insurance (30%)
- The automobile insurance application
- Policy coverages, conditions and exclusions
- Statutory Conditions
- Endorsements
- Commercial automobile insurance
Habitational Insurance (30%)
- Policy Coverages
- Liability
- Endorsements
- Fire Statutory Conditions
Business Insurance (6%)
- Business property insurance
- Business liability insurance
Claims (2%)