Fundamentals of Insurance
The Fundamentals of Insurance is recognized in most Canadian provinces as the premier pre-licensing course for beginning general insurance brokers.
Starting with the history of insurance, this course will guide you through definitions, functions, major classes of and the organization of insurance. Topics include; insurance contracts, the fire policy, residential and commercial property insurance, an introduction to liability insurance, accident and sickness insurance and ICBC's Autoplan insurance.
The Fundamentals of Insurance course is different from other courses offered. It is not an in-depth study of insurance wordings presently in use; it focuses primarily on the insurance needs of the consumer. You will follow the lives of the Butlers, a hypothetical family, who serves as an example to illustrate the workings of various insurance concepts. The intent of this strategy is to break down the barriers of learning that are inherent in technical or specialized disciplines such as insurance.
Licensing
Passing the Fundamentals of Insurance exam qualifies you to be licensable for a Level 1 General Insurance Salesperson's License in B.C.
Once you have completed the Fundamentals of Insurance, you may then attain your Level 2 License by completing CAIB
2 and CAIB 3.
Exam Details
100 multiple-choice questions.
2½ hours to write the exam.
Pass mark 70%
Contact
Contact Heather Pidcock regarding the Fundamentals of Insurance at 604-606-8005 or click here.
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