As the name suggests, caib level 1 is the first course for anyone interested in becoming a licensed property and casualty insurance broker. Successful completion of this course qualifies you for your Level 1 license, which allows you to sell (under the supervision of a licensed Level 2 or higher broker) all classes of insurance other than life insurance.
This fundamentals of insurance manitoba insurance fundamentals, including the role of government and distribution channels; the concept of risk; personal lines of insurance such as habitational, farm and auto; and the regulation and duties of brokers. In addition to learning the basics, you’ll gain a good understanding of Canadian legal systems and how they relate to insurance policies.
The Journey to Certification: Navigating CAIB Level 1 for Aspiring Insurance Professionals”
After registering, you’ll get 12 weeks of online access to your selected courses and exam materials. You’ll also receive the corresponding textbook (or purchase it separately) from IBABC. Your username and password will be emailed to you within one business day of submitting your registration and payment online.
ILScorp’s CAIB preparation courses include 10-20 minute video clips of the instructor, easy-to-read text and numerous exercises and mock exams. More than 80% of ILScorp students pass their CAIB exams after preparing with our courses! If you do not pass the CAIB exam after writing it, you can take it again after a two-week waiting period. Getting top marks in each of the four CAIB exams can help you achieve the highly coveted Canadian Accredited Insurance Broker (CAIB) designation. This designation demonstrates your knowledge and expertise in all areas of the insurance industry.