Home Study Level 1 Licensing

Malheureusement, ce contenu n’est actuellement pas offert en français. Veuillez communiquer avec le Service aux membres, au 1 866 362-8585 ou avec l’institut/la section de votre région afin d’obtenir de l’aide.

General Insurance Essentials


The Insurance Institute is committed to providing the most up-to-date, relevant licensing course content to ensure you are well-prepared for your new career.

Students study from completely updated and enhanced licensing materials. Respected industry experts and adult learning specialists played key roles in textbook & course development. Students benefit from current content that reflects important changes to the insurance industry.

The Home Study course is best to take if you:

• Are looking to complete the level 1 broker or adjuster licensing program in the least amount of time
• Prefer to study at home, at your own pace - students have up to 4 months to complete the program
• Would like a flexible exam date

This option is offered locally through the Insurance Institute of BC. Course materials are mailed out from the local office via Canada Post once registration has been processed. 

FEES

• Home Study course kit: $563.85 includes two textbooks, exam fee, an interactive study aid (online tutorial), local membership, shipping, and applicable taxes.
• Examination Rewrite fee: $150.00

• Exam Cancellation/Rescheduling/Absence fee: $26.25 
• Online Exam Virtual Proctor fee: $52.50 (separate from exam fee)

NOTE: Fees are subject to change

Home-study course kits are not eligible for cancellations or refunds.

TO REGISTER

Complete this form and return it to our office.

Home Study students have up to four months from the date of purchase to complete their study and write the exam. Students wishing to write the exam beyond their four month course deadline may be subject to a $150 exam fee.

Currently, we are using the 2018 edition of the textbook, on December 1, 2020, a new textbook edition will be available.

Virtually Proctored Online Licensing Exams:
 

The Insurance Institute of BC is now offering level 1 licensing examinations in an online format with virtual proctors. For more information, or to register for an exam, visit the licensing page.

EXAM INFORMATION

Licensing exams are based on the 2018 edition of the General Insurance Essentials C81 & C82 textbooks.

The level 1 licensing exam is two hours in duration, consists of 100 multiple-choice questions, and a grade of 70% or better is required to pass.The exam is comprised of the following categories and sub-categories:

Industry Knowledge 39% of exam
• Career Proficiencies
• Ethics and Professionalism
• Insurance and Risk Concepts
• Insurance Contract 
• Risk Management

Automobile Insurance 26% of exam
• Policy coverages, conditions, and exclusions 
• Automobile Insurance Application
• Insurance and Risk Concepts
• Ratemaking

Habitational Insurance 25% of exam
• Endorsements
• Fire Statutory Conditions
• Insurance and Risk Concepts
• Liability
• Policy Coverage

Commercial Property and Liability Insurance 4% of exam
• Commercial Liability
• Commercial Property

Claims 6% of exam
• Claims

Virtually proctored exams results are available within 24 hours of writing. An email is sent when the results are available.

Exams using the 2018 textbook edition will be available until June 2021.