BrokerAgent Level 1 Licensing in BC.

How to become an auto insurance agent in bc. In many cases a high school diploma and license is all thats required to become an auto insurance agent. Many insurance brokers looking to get into the industry want to get licensed to sell auto insurance in BC this is called ICBC Autoplan. In order to obtain a licence an applicant must meet the following requirements.

It uses topics from the Insurance Institutes General Insurance Essentials GIE course but with a single exam for licensing purposes. Insurance can be a competitive field and most employers will not be interested in applicants who do not have a high school diploma. What does an insurance agent earn.

Getting A Licence. This license will enable you to sell all types of general insurance including home auto business. You will be then be asked to complete compulsory 15-hour training specified by IRDAI.

Become An Insurance Agent Step 1. To hold an insurance licence an individual or organization must meet standards of qualification and practice set by the Insurance Council under the Financial Institutions Act. Once applicants become car insurance agents most make an average of 50940yr or 4245mo.

December 4 2019 May 16 2020 by admin posted in Uncategorized. To be an insurance broker in BC you must be licensed. While taking two or four years to earn a college degree can enhance ones job prospects in many cases one can become an insurance agent after completing only a pre-licensing course which can take several days.

To become an insurance agent in BC you need to pass either the Fundamentals of Insurance or CAIB 1 exam to get your Level 1 insurance license. Completing educational programs through the Insurance Institute of Canada or its provincial counterpart allows people in this job to earn professional recognition as a Chartered Insurance Professional CIP or a Fellow Chartered Insurance Professional FCIP of the Insurance Institute of Canada which may help with being hired in a more senior or management position. To work as an insurance agent salesperson or adjuster in BC you must be licensed by the Insurance Council of BC.