Education FAQ > What are the exam formats?
Each IBAS exam is unique, please see the below breakdowns of each to fully understand each format.
Auto Part I and Auto Part II
These are two-hour long, multiple-choice exams. The exams cost $275+GST each or are free to IBAS members.
https://www.ibas.ca/restricted-auto.html
General Bylaws and Auto Bylaws
These are a one-hour long, multiple-choice exams that are open book. 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 exam costs $250+GST.
https://www.ibas.ca/fundamentals-of-insurance.html
CAIB 1 - 3
These are 3.5-hour long exams with multiple-choice, definition, and short-answer questions. The exam costs $450+GST.
CAIB 4
This is a 3.5 hour long exam with long-answer questions. The exam costs $450+GST.