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| Licensing Qualification |
Level 1 General Insurance License |
Level 1 General Insurance License |
| Textbook |
$95 |
$195 for IBABC members*;
$295 for non-members |
| Exam Fee |
$150 |
$350 |
| Study options |
- Self study (purchase text book and exam for $245)
- Immersion course (one-week of classroom lectures, followed by exam) $445 IBABC members*, or $595 non-members, includes textbook and exam fees
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Self study only |
| Topics covered |
General insurance contracts; the fire policy; residential and commercial property insurance; personal liability; accident and sickness insurance; ICBC's Autoplan insurance. |
General insurance contracts; home insurance; personal liability; farm insurance; basics of personal auto insurance; insurance professionalism; travel insurance |
| Exam Format |
Multiple choice |
Definitions & short answer |
| Exam Availability |
Daily (Mon - Fri) |
5 exam dates each year |
| Applies towards CAIB designation |
No |
Yes |
| Continuing Education Credit |
None |
None if completed prior to licensing. 8 CE credits if already licensed. |
*IBABC members are brokerages that pay annual membership dues to IBABC. Students who are employed by a member brokerage are eligible for the IBABC member rate.
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