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s of January 01 2020, all students must study current educational materials from an approved General Level 1 Educator in order to be certified as having met the prerequisites to write the Alberta General Insurance Level 1 Licensing Exam. You can no longer challenge the Alberta General Level 1 Licensing Exam. This new certification format is known as the Level 1 General Licensing Qualification Program (GLQP). Why implement the General Licensing Qualification Program? The intention of candidate certification in order to register and write the licensing exam, is to ensure competency of new entrants into the General Insurance field. Low pass-rates have been an ongoing subject of concern with educators and industry stakeholders. A change in program approach is now being delivered to ensure consistent education delivery and to improve student success rates.
Earn your Level 2 License. To obtain your Level 2 license you must pass the CAIB 2 and the CAIB 3 exams. (BC, SK, MB) Use ILScorp’s online CAIB exam preparation courses, or Daily Assisted Virtual Classroom Programs to quickly prepare you for your Level 2 license. CAIB Exam Prep Self-Study Online Video Courses are divided into easy-to-manage chapters with end of chapter quizzes. Each chapter includes 10-20 video clips of the instructor, along with easy to read text. A downloadable PDF workbook, key terms, a mock midterm and a mock final exam are also included. Once you purchase your subscription, you can begin taking your course immediately! All material is viewed online and is accessible 24/7. How the CAIB exam preparation courses work. Once you purchase, you can begin taking your course immediately! If you are a new subscriber, you will receive an automated username and password by email. All material is viewed online. All you need is an internet connection!
Happy Holidays! Wishing you every happiness this holiday season and throughout the coming year.
The entire team at ILScorp is truly grateful to you for choosing us as your educational provider. We highly value our customers and it has been a sincere pleasure serving so many of you this year!
The deadline for ChAD PDU requirements is Tuesday December 31, 2019. As we quickly approach the ChAD deadline, many of our ILScorp ChAD subscribers are wondering why their completed ChAD PDUs are not showing in their PDU File on the Chambre de l’assurance dommages website.
Your completed PDUs will not show immediately on the ChAD website as they are updated on a bi-monthly basis. LScorp enters the completed courses on the Chambre’s site on the 16th for courses completed from the 1-15th of the month and on the 1st for courses completed on the 16-31 of the previous month. Please allow a few business days for all the courses to be entered.
The GIC has approved the following course equivalencies for the following levels of certificates of authority:
1) Alberta General level 1:
a. Proof of passing the Canadian Accredited Insurance Broker (‘CAIB’) 1 and 2 courses with proof that the last exam was passed within 12 months of the submission of an application for licensing to the AIC,
b. Proof of having the Full CAIB Designation with proof that the last exam was passed within 12 months of the submission of an application for licensing to the AIC.
If you are licensed with the CSF, the CSF ProEthics course must be completed by November 30th, 2019.
This mandatory online training course is only offered and available on the CSF’s website.
The PDUs related to the CSF’s mandatory course on compliance ProEthics can only be awarded once during the two reference periods covered by the course, that is, between the launch of the training activity in November 2016 and the end of the current period on November 30, 2019.
The ILScorp offices will be closed Monday, Oct. 14 as we take some time to enjoy the Thanksgiving holiday. We’ll be back Tuesday morning, ready to take your calls, answer your questions and register you for online insurance programs.
You can also register for our insurance training programs online, anytime, at ILScorp.com
Have a great long weekend, everyone!
More emphasis has been placed on discussing the ethical decisions that brokers have to make daily in their dealings with other brokerage staff, their clients and the insurance companies they represent. Ethics is all about doing the right thing in a particular situation. As insurance brokers, our clients, insurers and the public would expect us to do nothing less. When you hear the word “ethics” what, if anything, comes to mind? If you said that ethics involves doing the right thing – making the right decision – when in a given situation that offers other possibilities, you are on the right track.
Why do they call it Labor Day? For many, Labour Day signals the end of summer, but Labour Day is an annual holiday to celebrate the achievements of workers. Labour Day has its origins in the labour union movement, specifically the eight-hour day movement, which advocated eight hours for work, eight hours for recreation, and eight hours for rest. Happy Labour Day Canada! ILScorp offices will be closed Monday September 2, 2019 to celebrate Labour Day. Our offices will be open on Tuesday September 3. Hope you had a great summer and enjoy the long weekend! Purchase or renew your CE Course Subscription to complete your mandatory CE requirements online now.