Insurance Training Virtual Classrooms

CAIB Exam Preparation

Stay focused and follow the pathway of a Virtual Classroom Program With a 4 week virtual classroom program you’ll receive:

  • Online streaming video course with unlimited access. Log in and out as many times as you need, with the ability to pause, rewind and review
  • A daily assisted learning calendar that outlines material covered each day to keep you on schedule
  • Access to an online discussion forum where daily answers to questions are posted
  • Weekly practice exams and review videos
  • Live support!

Virtual Classroom Programs = $550 plus tax each registrant.

Your career starts here

VIRTUAL CLASSROOM DATES 2019

Jan 7 – Feb 1

Feb 18 – Mar 15

Apr 1 – Apr 26

May 13 – Jun 7

Jun 17 – Jul 12

Aug 5 – Aug 30

Sept 9 – Oct 4

Oct 21 – Nov 15

Dec 2 – Dec 27

Once you have registered an ILS Customer Service Representative will contact you with further details and program materials. The ILScorp Virtual Classrooms are completed entirely online, and are ideal for students who benefit from learning in a more structured atmosphere with daily tasks and outlines. Within the 4 week program each day is broken down in a calendar showing what course material to cover and questions assigned to answer. There is no set “classroom time” – the daily video course material, tasks and questions can be completed at your convenience, using the calendar as a guideline to keep you on track during the 4 weeks. Through an online discussion forum you will have access to the answers of your daily assigned questions, as well as the ability to ask the instructor your own questions. Every Friday you receive a review video which summarizes the material covered during the week. Once your 4 week program is complete, you can access your course material for a full 3 months. (3 months after the end date of the virtual classroom) This ensures you can review your material until you feel you are fully prepared to write your exam. ILS recommends a minimum study time of 80 to 120 hours.

Student Benefits of an ILScorp Virtual Classroom Program

Daily Assisted Learning Virtual Classrooms with ILScorp

Moderated by long-time insurance educator Todd Hochban, the ILS Virtual Classroom Programs prepare you to write your insurance licensing exam in just four weeks, sending your insurance career to new heights!

Daily Assisted Learning Calendar

To keep you on track, we provide a study calendar that breaks down the insurance training courses into easy-to-manage daily study modules.

Online Video Courses

It’s like having your own private tutor with the added benefit of being able to pause, rewind and review at the touch of a button.

Online Discussion Forum

Have a question, ask the instructor! Post questions, review answers and really think about what you’re learning.

Weekly Practice Exams

Weekly practice exams simulate a real-exam environment so students are comfortable with the process.

Review Videos

Summarizes material covered. An extra study tool that you can come back to again and again!

Live Customer Support

Yes REAL PEOPLE! No telephone trees or unanswered emails.

Approved Mandatory Ethics Training Courses

Approved Mandatory Ethics Training Courses

All resident Saskatchewan licensees are required to complete an Insurance Councils of Saskatchewan approved ethics course, that is at least three hours in duration. The following courses are approved by the Insurance Councils of Saskatchewan for 3 C.E. credit hours and meets the ethics training requirement.

Looking for Mandatory RIBO Ethics CE? Click Here

These courses discuss professional codes of conduct, with dilemma or scenario-based examples so licensees may spot issues and make the right choices. The aim is to help licensees make sense of what might seem like a convoluted situation and determine the ethical choice.

Insurance Councils of Saskatchewan Approved Ethics Training

Courses approved for All Classes other than Life Licensees (General) 
Ethics and the Insurance Professional Part 1 – Approved for 1 ethic hour
Ethics and the Insurance Professional Part 2 – Approved for 1 ethic hour
Ethics and the Insurance Professional Part 3 – Approved for 1 ethic hour

 

Courses approved for Life and Accident & Sickness and Accident & Sickness licensees
Life Ethics in the Insurance Industry Part 1 – Approved for 1 ethic hour
Life Ethics in the Insurance Industry Part 2 – Approved for 1 ethic hour
Life Ethics in the Insurance Industry Part 3 – Approved for 1 ethic hour

 

Courses approved for Adjuster/Adjuster Representative licensees
Ethics Training for Adjusters Module 1 – Approved for 1 ethic hour
Ethics Training for Adjusters Module 2 – Approved for 1 ethic hour
Ethics Training for Adjusters Module 3 – Approved for 1 ethic hour

More info on ethics courses

Once you have successfully passed these courses please provide the Saskatchewan Council with documentation to support completion.

Ethics training is important and can have an impact on business, reputation, and daily office morale. You cannot afford to leave ethical decision making to chance, as one hasty action or decision by a licensee can harm an entire organization.

Licensing FAQ’s for General Insurance Agents in Ontario

Licensing FAQ’s for General Insurance Agents in Ontario

General Insurance Agents – Ontario

New

I want to become a general insurance agent. What are the qualifications and how do I apply?

In order to obtain a license as a general insurance agent, an applicant must:
1. Have their sponsoring company initiate the online General Insurance Agent application accessible through Licensing Link and pay the required fee;
2. Be familiar with the laws of Ontario relating to the licensing of general insurance agents.
3. Be sponsored by a licensed insurer.
4. Hold himself/herself out publicly and carry on business in good faith as a general insurance agent only in the name in which the agent is licensed.
5. Not be engaged in any other business or occupation that would jeopardize the person’s integrity, independence or competence.
6. Be of good character and reputation.
7. Be a suitable person and meet all the licensing requirements.
8. Possess the appropriate educational background.
9. Provide FSCO with an Ontario mailing address that is suitable to permit service by registered mail.

What is the difference between a General Insurance Agent and a General Insurance Broker in Ontario?

Education

What are the educational requirements to become a general insurance agent?

To become licensed as a general insurance agent, the applicant must successfully pass the qualifying examination for general insurance. Examination results are valid for one year and must be forwarded to Financial Services Commission of Ontario (FSCO) when applying. FSCO does not conduct the examinations. General agents are exempt if they have a Chartered Insurance Professional (CIP) designation or successfully passed the equivalent RIBO exam.

Exam Preparation Course

I am a new agent, how do I apply for a general insurance agent license?

New agents should contact their sponsoring company to initiate an online application on their behalf. New agents are unable to submit an application without a sponsor.

Renewal

How do I renew my General insurance agent license?

Insurance agents’ licenses are renewed every two years. Agents must renew their license within 60 days prior to the expiry date on their existing license.
Applicants who have been unlicensed for two or more years will have to re-qualify as a new agent, including redoing the General Insurance examination.

All renewal applications are submitted online via Licensing Link and are initiated by the sponsoring insurer.

Payment/Fees

How much is the fee to obtain/renew my general insurance agent license?

The fee for an insurance agent license and/or to renew an insurance agent license is $150. This fee covers a two-year license period.

Sponsorship

General insurance agents require sponsorship at all times to maintain their license.

Transfer of Sponsorship

I no longer wish to remain with my sponsor. Can I move to another sponsoring company?

Sponsored agents can transfer out of their sponsorship and move to another sponsor.
The current sponsor should terminate the license online so the new sponsoring company can pick up the license and transfer to their company.
Please contact your current and new sponsor for information as the transfer application is created by the sponsor on behalf of the agent.

How much is the fee to transfer my license to a different sponsoring company?

The fee is $50 to transfer your license from one sponsoring company to another. The fee is paid online through Licensing Link. The application is created by the sponsoring company. Please contact your sponsor on how to submit an application.

Terminations

I am a sponsored general insurance agent and wish to terminate/surrender my license. How do I notify FSCO of this?

Sponsored agents shall have their sponsoring company submit an online termination on their behalf. Please contact your sponsoring company to terminate your license.

I want to terminate/surrender my license, but I do not want to lose the qualifications in case I decide to come back into the industry. Are there any provisions, time frames in which I can reinstate my license without taking the qualifying exam again?

Agents have the option of terminating their license and may have their license within two years of the date of termination/expiry (whichever comes first) without having to re-qualify.
Applicants who have been unlicensed for two or more years will have to re-qualify as a new agent, including re-writing the qualifying exam. Please contact your sponsor to terminate your license.

This information is provided for guidance only. The above information was originally provided on the FSCO website.

About FSCO.

FSCO was established under the Financial Services Commission of Ontario Act, 1997 (FSCO Act) with a legislative mandate set out in the FSCO Act.  FSCO’s legislative mandate is to provide regulatory services that protect the public interest and enhance public confidence in the sectors it regulates. FSCO regulates the insurance sector; pension plans; loan and trust companies; credit unions and caisses populaires; the mortgage brokering sector; co-operative corporations in Ontario; and service providers who invoice auto insurers for statutory accident benefits claims. FSCO is accountable to the Minister of Finance. In order to support FSCO’s legislative mandate, the FSCO Act sets out a three-part structure for FSCO, which includes the Commission; the Superintendent of Financial Services and Staff; and the Financial Services Tribunal (Tribunal).

Saskatchewan licensees: Approved Mandatory Ethics Training Courses

Saskatchewan licensees: Approved Mandatory Ethics Training Courses

All resident Saskatchewan licensees are required to complete an Insurance Councils of Saskatchewan approved ethics course, that is at least three hours in duration. The following courses are approved by the Insurance Councils of Saskatchewan for 3 C.E. credit hours and meets the ethics training requirement.

Looking for Mandatory RIBO Ethics CE? Click Here

These courses discuss professional codes of conduct, with dilemma or scenario-based examples so licensees may spot issues and make the right choices. The aim is to help licensees make sense of what might seem like a convoluted situation and determine the ethical choice.

Insurance Councils of Saskatchewan Approved Ethics Training

Courses approved for All Classes other than Life Licensees (General) 
Ethics and the Insurance Professional Part 1 – Approved for 1 ethic hour
Ethics and the Insurance Professional Part 2 – Approved for 1 ethic hour
Ethics and the Insurance Professional Part 3 – Approved for 1 ethic hour

 

Courses approved for Life and Accident & Sickness and Accident & Sickness licensees
Life Ethics in the Insurance Industry Part 1 – Approved for 1 ethic hour
Life Ethics in the Insurance Industry Part 2 – Approved for 1 ethic hour
Life Ethics in the Insurance Industry Part 3 – Approved for 1 ethic hour

 

Courses approved for Adjuster/Adjuster Representative licensees 
Ethics Training for Adjusters Module 1 – Approved for 1 ethic hour
Ethics Training for Adjusters Module 2 – Approved for 1 ethic hour
Ethics Training for Adjusters Module 3 – Approved for 1 ethic hour

More info on ethics courses

Once you have successfully passed these courses please provide the Saskatchewan Council with documentation to support completion.

Ethics training is important and can have an impact on business, reputation, and daily office morale. You cannot afford to leave ethical decision making to chance, as one hasty action or decision by a licensee can harm an entire organization.

New CSF Compliance Course – Making the Right Ethical Decisions

New CSF Compliance Course – Making the Right Ethical Decisions

Most of our insurance education focuses on improving product knowledge and developing our technical skills. And there’s nothing wrong with that.

However, more emphasis has been placed on discussing the ethical decisions that insurance professionals have to make daily in their dealings with other industry staff, their clients and the insurance companies they represent.

We work in a society where people pay us for the advice and products we provide to them. They expect us to be fair, honest, trustworthy, and loyal and all the other things they value in their insurance professional. If we breach any of these ethical values, they may well perceive us as being unethical in our dealings with them.

When you hear the word “ethics” what, if anything, comes to mind?

If you said that ethics involves doing the right thing – making the right decision – when in a given situation that offers other possibilities, you are on the right track.

So, it makes sense that if you choose to do the right thing, you are acting ethically and, conversely, if you choose to do the wrong thing, chances are pretty good that you are acting unethically.

There are many definitions of “ethics”, including this one: “Ethics is about fairness, about deciding what is right or wrong, about defining practices and rules that guide responsible conduct between individuals and groups”.

Fairness is a basic ethical value – if you treat people fairly, you reduce the odds of your behaving unethically.

Over the years, philosophers and other scholars have made valiant attempts to provide a generally acceptable definition of ethics. Ethics, like professionalism, is very difficult to define in a fundamental way that will win wide acceptance, but we know it when we see it. Several values are widely recognized as the requisite traits of an ethical person, including:

– honesty and integrity;

– respect and caring for others;

– promise keeping, trustworthiness and fairness; and

– personal accountability.

These ethical values can clearly influence the kind of service insurance organizations provide. A motivated work force that is guided by these ethical values will do much to earn the trust of the insurance buying public. Trust is earned over time through dealing honestly and consistently displaying an attitude that reflects both self-respect and respect for others. If service improves, if ethical values rise, the image of insurance will necessarily improve because image reflects reality.

New Course Making the Right Ethical Decisions

Ethics is all about doing the right thing in a particular situation. As insurance professionals, our clients, insurers and the public (and a lot of other people and organizations) would expect us to do nothing less. In this course, we will look at the following topics as they relate to “Ethics and the Insurance Professional”, specifically:

  • Defining “Ethics”
  • Establishing Ethical Standards – Sources of Influence
  • Basic Ethical Values and What They Really Mean
  • The Insurance Broker’s Dilemma
  • What a Formal Ethics Program Will Do For Your Brokerage.

Credit Hours: 1

Credit Type: Conformité – Compliance

Credit #: CSF18-12-44571

Accrediting Provinces:  QUEBEC

COURSE INFO

This course is included as part of your ILScorp CSF PDU Subscription.

Complete your PDU requirements by November 30, 2019.  CSF accredited online courses for Quebec Life Insurance Agents and Financial Planners!

MORE INFO

Reference period from December 1, 2017 to November 30, 2019

With the CSF Accredited Online Courses Subscription you will:

  • have 6 months access to over 52 accredited CSF insurance training courses in both text and streaming video formats
  • access over 120 PDUs in the categories compliance, insurance of persons, general subjects and group insurance of persons
  • save money compared to purchasing individual courses
  • have a digital record of your completed course work, which we keep on file for up to seven years
  • save time by completing your PDU requirements entirely online, no paperwork or commute

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