To be able to apply for a Level 1 License, you will need a total of 4 exams.

• Auto Part I
• Auto Part II
• General Bylaws
• CAIB 1 or Fundamentals of Insurance

The exams can be taken in any order, but it is required that you become licensed within one (1) calendar year from the time of the 1st passed exam. Failure to apply for a licence in the time frame will result in the exam marks being voided.

To hold a licence and be able to sell insurance, you will need to be sponsored by a licensed employer, an example would be a licensed brokerage. Individuals who are not sponsored cannot sell insurance.

Below are the course links, fees, and exam breakdowns for all exams. There is also a page on our website explaining the difference between each licence, https://www.ibas.ca/become-a-broker.html.

Exams Information

Auto Part I and Auto Part II

These are two-hour long, multiple-choice exams. The study material can be found at the below link under the ‘Self-Study’ paragraph. The exams cost $275+GST each or are free to IBAS members.

https://www.ibas.ca/restricted-auto.html

General Bylaws

This is a one-hour long, multiple-choice exam that is open book. The study material can be found at the below link under the ‘Self-Study’ paragraph. The exam costs $100+GST or is free to IBAS members.

https://www.ibas.ca/GICS-bylaws.html

Fundamentals of Insurance

This is a 2.5-hour long, multiple-choice exam. The textbook can be purchased from the IBAS website using the below link. The textbook costs $120+GST and the exam costs $250+GST.

https://www.ibas.ca/cgi/page.cgi/textbooks.html

CAIB 1

This is a 3.5-hour long exam with multiple-choice, definition, and short-answer questions. The textbook can be purchased from the IBAS website using the link below. The textbook costs $440+GST for nonmembers or $240+GST for IBAS members and the exam costs $450+GST.

https://www.ibas.ca/cgi/page.cgi/textbooks.html

To register for an online exam, please follow the steps below.

1. Go to the exam page below on our website that you need to register for.
   Auto Part 1 and Auto Part 2: https://www.ibas.ca/restricted-auto.html
   General Bylaws: https://www.ibas.ca/GICS-bylaws.html
   Fundamentals of Insurance: https://www.ibas.ca/fundamentals-of-insurance.html
   CAIB: https://www.ibas.ca/caib.html
2. Scroll to the bottom and have them click on the ‘Self-Study – Exam Name’ option.
3. On the next page, select the correct exam from the list and click ‘Register Now’.
4. This will prompt you to create a guest account or log in to an already created account. Follow the instructions to log in or create a guest account.
5. Once logged in, you will be brought to the registration page. confirm that your information is correct and click ‘Submit’.
6. Once registered, go to the ‘My Courses’ page, located in a list on the right-hand side of the webpage.
7. On the ‘My Courses’ page, the Course will be listed in a courses table, and there will be a link to click to register for the exam.
8. Click the link and follow steps one and two listed on that page to register for the exam.
9. Step 1 will be the online exam registration, where you will enter your information and pay for the exam.
10. Step 2 is the required proctor form that must be submitted to the IBAS office unless you select to write the exam at the IBAS office.
11. Both of the above steps must be completed a minimum of 3 business days prior to the chosen exam date.

The proctor form can be found during the online examination registration process under the step 2 area.

Alternatively, it can also be found on the ‘My Courses’ page found here.

To change your exam date, please contact the IBAS education team at education@ibas.ca. You will need to request the change and submit a new proctor form.

All exams can be deferred once at no cost, further deferrals will result in a deferral fee.

Exam receipts can be found here. You will need the confirmation code that was sent to you upon registration from Captus Press. The code will have your last name and a string of numbers behind it.

An IBAS account can be created in a few ways, either your brokerage manager can create it or request an account for you, the IBAS team can create an account for you by contacting them at community@ibas.ca, or you can create a guest account by clicking here.

Email the IBAS team at comminty@ibas.ca to link your profile to your brokerages IBAS membership.

The ethics course can be found here. The course consists of 3 one-hour-long videos and a short quiz. The total cost is $75+GST GST. Once payment is received, the course can be accessed immediately.