|Licensing Qualification||Level 1 General Insurance Salesperson's License.||Level 1 General Insurance Salesperson's License.|
|Textbook||$155.||$295 for IBABC members*
$395 for non-members.
|Exam Fee||$195.||$395 for first attempt
$195 for re-writes.
|Topics Covered||General insurance contracts; the fire policy; residential and commercial property insurance; personal liability; accident and sickness insurance; ICBC 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 answers.|
Written onlineClick here for information and to register.
|Applies towards CAIB designation?||No.||Yes.|
|Continuing Education Credits||None.||None if completed prior to licensing.
8 CE credits per completed CAIB course if you're already licensed.
Fundamentals of Insurance is the best choice if you're just starting out in the insurance industry.
For more information about licensing levels, please see the Insurance Council of B.C.'s website.
*You may only pay an IBABC Member price if you're employed by an insurance brokerage that's an IBABC member in good standing.