Virtual Level 1 Licensing
General Insurance Essentials
The Insurance Institute of British Columbia is pleased to offer a live virtual course which meets the education required by the Insurance Council of BC to obtain either a BC level 1 salesperson (broker) or level 1 adjuster licence.
Dates: Next course January 2019
Time: 13 weeks, 6 to 8:30 pm + Exam Date
Cost: TBD new members | TBD for current paid members
Home study transfer students, please contact Sandra Enriquez for fees.
Exam: April 2019 lower mainland | Out-of-town - dependent on proctor availability
Your level 1 education will introduce you to risk, risk management and loss prevention, insurance categories and functions, insurance companies and sales distribution, insurance as a contract and policy, underwriting and rating, claims, automobile insurance, property/liability insurance (homeowner, other, commercial), ethics, regulatory framework, and techniques for career success.
Once you have successfully completed the course, you will be eligible to apply to the Insurance Institute of Canada to receive a credit for the CIP course, C11: Principles and Practice of insurance. The cost for this credit is $94.00 plus GST.
Examinations for lower mainland will be held at the Insurance Institute of BC. Licensing exams are two (2) hours in duration and consist of 100 multiple-choice questions. 70% is required to pass.
For out-of-town students registering for this course, please contact Sandra Enriquez for options as to the exam date and location.