The AIC issues licences to sell general insurance, life insurance, and accident and sickness insurance. Requirements vary for each licence. Applicants for all types of licences must:
- Submit a security clearance document
- Be recommended by an authorized person
- Carry Errors and Omissions Insurance
In addition, there are specific qualifications to sell each type of insurance.
General Insurance
Insurance agents can apply for different levels of the General Insurance certificates.
General Level 1 licence applicants must:
- Complete a General Licensing Qualification Program (GLQP) course from an approved educator
- Pass a General Level 1 exam or complete an approved course equivalency within 12 months before applying
General Level 2 licence applicants must pass a General Level 2 exam or complete an approved course equivalency within 12 months before applying.
General Level 3 licence applicants must:
- Have held a General Level 2 licence for at least 2 of the last 3 years
- Pass a General Level 3 exam or complete an approved course equivalency within 12 months before applying
Life Insurance or Accident and Sickness Insurance
Insurance agents can apply for a Life Insurance licence, an Accident and Sickness Insurance licence, or both. They must:
- Complete a Life Licence Qualification Program (LLQP) certification course from an approved educator
- Pass all modules of the LLQP exam within 12 months before applying
For official, detailed information about licensing requirements and a list of approved educators, contact the AIC or visit the AIC website.