Sep 2, 2015 | News
School is in session but only for 4 weeks. Book Your Seat Now in an ILS Virtual Classroom Insurance Training Program.
As we launch into September and thoughts of heading back to school take over, consider that with the ILS Virtual Classroom insurance training programs you could be Level 1 Insurance licensed and ready to start your career in the Canadian insurance industry by October 2, 2015. Follow the 4 week study calendar outline of a virtual classroom program and be job-ready by the time others are just getting settled into school.
The ILS Introduction to General Insurance Virtual Classroom program starts September 14 and runs for four weeks. The ILS Introduction to General Insurance has a pass rate of more than 80% among students using the Virtual Classroom study program. All of the ILS Virtual Classroom courses include a daily assisted study calendar, online video courses, weekly email quiz questions, weekly practice exams, and an online discussion forum and review videos to help keep you focused and on track.
Register now for the many available ILS virtual classroom courses, including: the ILS Introduction to General Insurance licensing program (valid in BC, Manitoba and Saskatchewan); Fundamentals of Insurance Exam Preparation; and CAIB 1, 2 3 or 4 Exam Preparation.
Register today at ILScorp.com and be on your way to a rewarding insurance career. Once you’ve registered, the ILS staff will be in touch to get you set up and ready to learn.
For more information call 1-800-404-2211.
Aug 27, 2015 | News
Accredited Management Continuing Education: Subjects pertaining to the RIB Act (Registered Insurance Brokers Act) and Regulations, human resources, general management, accounting and generally topics relevant to the operation of a property & casualty insurance brokerage. Maximum allowable credits: 20 hours
Looking to complete your RIBO continuing education requirements? The ILS GENERAL CE SUBSCRIPTION contains over 165 RIBO Accredited Online courses, including Technical Courses, Personal Skills Courses and Management Courses.
Learn More about General Courses
Examples of ILScorp Courses that are RIBO accredited in the Management Category and are included in the ILS GENEAL CE SUBSCRIPTION. (ILS GENERAL CE SUBSCRIPTION contains 16 courses that are RIBO accredited in Management Category, total of 27 Management CE)
| A Structured Approach for Terminating Employees |
|
|
Whether you are faced with terminating an employee because of down-sizing or because that employee no longer fits within the company, there are certain steps to take to ensure this difficult task is done professionally and legally. This course examines the process to take and considerations to remember when terminating an employee.
Outline:
- When Should You Fire an Employee?
- Planning Prior to the Termination
- The Termination Interview
This course qualifies for 1 continuing education credit hours (General/Adjuster – Management).
Basic Customer Service Skills – Part 1 and Part 2
What gives insurance brokerage a competitive advantage? In many cases, great customer service helps propel the success of one brokerage over another. This course examines how customers can be a company’s greatest asset.
Outline:
- First Impressions Are Important
- Acknowledge Customers – Always
- Greet Customers Warmly – Act Like You’re Happy To See Them
- Be Enthusiastic About What You Do – Attitude Does Make a Difference
- Product Knowledge
- Be Reliable
- Be Willing To Go the Extra Mile
- Reward Your Customers
Part 1 and Part 2 of this course each qualifies for 1 continuing education credit hours (General/Adjuster – Management).
| PIPEDA Explained – Legislated Privacy Standards for Every Business Parts 1, 2, and 3 |
|
|
|
Owners, Managers & Supervisors: This is the first of three courses developed especially by ILS Learning Corporation for brokerage owners, managers and supervisors, specifically.
Part 1. Becoming PIPEDA Compliant: How to Build A Privacy Protection Policy for Your Brokerage
Part 2. Becoming PIPEDA Compliant: How to Build A Privacy Protection Policy for Your Brokerage
Part 3. Becoming PIPEDA Compliant: The Role of the Privacy Commissioner
These courses focus on the specific internal guidelines and procedures you can implement in your brokerage to safeguard the privacy rights defined in PIPEDA and other relevant laws. These courses should be completed in their proper sequence.
Part 1, Part 2 and Part 3 of this course each qualifies for 2 continuing education credit hours (General/Adjuster – Management).
|
|
Aug 10, 2015 | News
Reminder, Renewal time is quickly approaching.
The deadline for completion of the Ontario General continuing education requirements is September 30, 2015 and there are no extensions for individuals to comply. Noncompliance of the continuing education requirements will result in the suspension of the license and suspended individuals may not conduct any business with members of the public until the license is reinstated.
- If you are “Inactive” or on leave of absences (maternity, sabbatical), you are still required to comply with the continuing education requirements to maintain registration eligibility.
- If you have not completed your continuing education requirements when completing your renewal form, you must indicate accordingly and attach a brief explanation to RIBO. By answering that you have completed the requirements when in fact you haven’t, you have knowingly falsified your renewal application. This is an act of misconduct and RIBO will refer your file to the Complaints and Discipline or Qualification and Registration Committee for review and disciplinary action.
It is each individual’s responsibility to keep track of their own continuing education hours for 5 years, even if the brokerage firm/employer keeps a record of it. Make sure a copy is kept for your personal files in event of a spot check or changing of employers. Individuals who cannot confirm compliance with the continuing education requirements following a spot check will result in having their licenses suspended. These individuals will not be able to conduct any business with members of the public until they are in full compliance and had their licenses reinstated by RIBO.
View RIBO Accredited Online Courses
Principal Brokers and Deputy Principal Brokers can only apply Management and Technical hours to their annual continuing education requirements and may not apply Personal Skills hours/credits. Principal Brokers who apply Personal Skills hours may experience a shortfall which will result in the firm being subject to review by the Qualification & Registration Committee for non-compliance of the Principal Broker requirements. Deputy Principal Brokers who are in non-compliance will result in the suspension of the license until full compliance has been met.
Important Information
Repeat seminars in a topic will not be credited towards an individual’s continuing education requirements for a three (3) year period unless there has been significant changes to the program content.
Eg. If an individual completes a “Directors & Officers Liability Insurance” course twice within a three (3) year period, only one of the certificates can be applied towards the continuing education requirements.
Aug 4, 2015 | News
The Chambre de la sécurité financière is a self-regulatory organization whose mission is to protect consumers by maintaining discipline and overseeing the training and ethics of its nearly 32,000 members. Those members practice in five sectors and registration categories:
- Group savings plan brokerage
- Financial planning
- Insurance of persons
- Group insurance of persons
- Scholarship plan brokerage
The Chambre carries out its mission by providing a stringent framework for the practices of the professionals who are its members and by contributing to the continuous enhancement of their knowledge.
A representative must accumulate the following professional development units (PDUs):
- 10 PDUs in general subjects;
- 10 PDUs in compliance with standards, ethics and business conduct*;
- 10 PDUs in topics specific to each sector or registration category in which him or her is authorized to pursue activities
View CSF Accredited Online Courses
| Insurance of persons |
10 PDUs |
| Group insurance of persons |
10 PDUs |
| Group savings plan brokerage |
10 PDUs |
| Group savings plan brokerage and Scholarship plan brokerage |
10 PDUs specific to group savings plan brokerage + 5 PDUs specific to scholarship plan brokerage |
| Scholarship plan brokerage |
10 PDUs including a minimum of 5 PDUs specific to scholarship plan brokerage (the remaining PDUs must be accumulated in group savings plan brokerage or in scholarship plan brokerage) |
* Every two reference periods (every four years), three of the PDUs a representative must accumulate in the subjects of compliance with standards, ethics and business conduct must be obtained during a training activity developed by the Chambre and offered by it or in partnership with it.
During a reference period, PDUs accumulated in excess of the number required in a specific sector or registration category or in compliance with standards, ethics and business conduct will be credited to general subjects.
Failure to comply with the rules governing compulsory professional development will lead to a suspension of the representative’s certificate or of his registration in the sectors or registration categories in which the requirements have not been met.
GENERAL SUBJECTS
- Management of a financial services firm
- Civil Code
- Accounting
- Economics
- Finance
- Business planning for clients
- Business planning for representatives
- Financial planning
- Tax planning
- Actuarial sciences
- Legislative environment
- Intestate and testamentary successions
SUBJECTS SPECIFIC TO EACH SECTOR OR REGISTRATION CATEGORY
Insurance of persons
- Client counselling
- Underwriting or risk management
- Disability insurance
- Life insurance
- Trusts
- Risk management in insurance of persons
- Underwriting in insurance of persons
- Accident or health insurance plans
- Segregated funds
- Strategy of wealth accumulation and use
- Financial needs analysis
- Deferred income plans
- Investor profile and asset allocation
- Investment strategy
- Retirement and estate planning
Group insurance of persons
- Client counselling
- Underwriting or risk management
- Disability insurance
- Life insurance
- Group insurance and group pension plans
- Benefits and underwriting in group insurance and group annuity plans
- Setting up a group insurance and group annuity program
- Preparing a rate schedule and analyzing group insurance and group annuity quotes
- Preparing a group insurance and group annuity recommendation
- Public and private plans
- Processing group insurance claims
Group savings
- Client counselling
- Underwriting or risk management
- Retirement and estate planning
- Trusts
- Strategy of wealth accumulation and use
- Deferred income plans
- Mutual funds
- Investor profile and asset allocation
- Investment strategy
- Knowing the client
- Registered plans
Scholarship plans
- Client counselling
- Underwriting or risk management
- Investor profile
- Knowing the client
- Strategy of wealth accumulation and use
- Scholarship plans
COMPLIANCE WITH STANDARDS, ETHICS AND BUSINESS CONDUCT
The following is a non-exhaustive list, solely for informational purposes, of subjects which may fall within this topic:
- Notions of ethics, standards of conduct and professional ethics
- Code of ethics of the Chambre de la sécurité financière and Regulation respecting the rules of ethics in the securities sector
- Decisions of the Disciplinary Committee
- Role of the syndic and inquiry process
- Role of the Disciplinary Committee and disciplinary process
- Compliance notions and programs
- Statutory and regulatory obligations of firms, independent representatives and independent partnerships
- Statutory and regulatory obligations of representatives
- Laws and regulations concerning the practice of members, firms, independent representatives and independent partnerships
Any structured training activity aimed at improving expertise in subjects related to laws, regulations and professional ethics in matters of insurance of persons, group insurance of persons, group savings plan brokerage or scholarship plan brokerage may be recognized under this topic.
