ILScorp Blog

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ChAD PDUs earned for taking the same training maximum of two times

ChAD PDUs earned for taking the same training maximum of two times

Limit on the number of PDUs earned for taking the same training. Since February 19, 2014, members may earn PDUs for taking the same training a maximum of two times, as long as the training is taken during two different reference periods. Consequently, a member who has already earned PDUs twice for the same training will not earn any further PDUs if he or she takes this training once again.

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Did you know you can purchase your insurance CE courses online at anytime?

The ILScorp offices will be closed Wednesday November 11, Remembrance Day, to remember and honour those who have, and who continue to make sacrifices for our country.

Although the offices are closed you can purchase and renew your CE courses online at anytime through the ILScorp website.
How do I purchase and register for online insurance courses?

All of our online provincial insurance licensing courses, exam preparation courses and continuing education courses can be purchased through our website using your credit card.

To renew your CE Course Subscription or to register/purchase any of our online courses simply:

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What is a professional development unit (PDU)?

A professional development unit or “PDU” is the quantitative value attributed to a training activity recognized by the Chambre de la Securite Financiere – CSF. One (1) PDU represents one (1) hour of training.

Can extra PDUs be carried over to the next period?

A representative can carry over up to 5 extra PDUs to the next reference period if the PDUs were accumulated in the last three months of a reference period, between September 1 and November 30 of an odd year. Carrying over extra PDUs must be done by the representative by logging in to their secure PDU record, through the Chambre de la Securite Financiere website in the Members’ Area.

How do I register for distance training?

You can purchase the training activities accredited by CSF offered by ILScorp here.

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National Stress Awareness Day

National Stress Awareness Day

The 17th National Stress Awareness Day, which is held to celebrate helping people to beat stress is Wednesday 4 November 2015. The theme this year is “Employee well being as a worthwhile investment in your business”.

Do you know the main reasons for stress at work?

Situations that are likely to cause stress are those that are unpredictable or uncontrollable, uncertain, ambiguous or unfamiliar, or involving conflict, loss or performance expectations. Stress may be caused by time limited events, such as the pressures of examinations or work deadlines, or by ongoing situations, such as family demands, job insecurity, or long commuting journeys. Depression and issues from work are one of the main causes of stress.

Resources that help meet the pressures and demands faced at work include personal characteristics such as coping skills (for example, problem solving, assertiveness, time management) and the work situation such as a good working environment and social support. These resources can be increased by investment in work infrastructure, training, good management and employment practices, and the way that work is organized.

ILScorp offers the following training to help manage stress in the workplace.

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New Harmonized LLQP for 2016.

New Harmonized LLQP for 2016.

As of January 1, 2016, a new life licensing qualification program will be in effect called the Harmonized LLQP (HLLQP). This program will be implemented across Canada (including Quebec). As a result of this regulatory change, all students currently registered in the existing ILScorp LLQP Program must register with their provincial insurance council and pass the provincial LLQP final licensing exam by December 31, 2015.

(Please note, you must complete the online LLQP course material, and pass the course Certification exam BEFORE you register and challenge the provincial licensing exam with your insurance council)

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Don’t be afraid to learn a new skill. Start a career in General Insurance.

Don’t be afraid to learn a new skill. Start a career in General Insurance.

Daily Assisted Virtual Classroom Programs begin Monday November 2, 2015.
Daily Assisted Virtual Classroom Programs are ideal for those who benefit from a more structured form of independent study. Stay focused and on track by following the program calendar which breaks down the entire 4 week program on a daily task and assignment basis. Your Virtual Classroom Program is completed entirely online and can be accessed any time. You can log in and log out as many times as you wish, pause, rewind and review, you receive unlimited access for 3 months.
Virtual Classroom Programs also include weekly review videos followed by weekly practice exams, so you can review the material you studied and test your knowledge on the main concepts. Dedicated discussion forums post additional quiz questions daily, with the answers posted the following day and allow you to ask the instructor and questions you may have on the study material.

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Alberta Level 1 General Insurance Licensing Preparation – Virtual Classroom

Are you the type of learner that requires just a little more structure and direction than some methods of independent study offer? Follow the pathway of an ILScorp Daily Assisted Virtual Classroom where your daily study focus is outlined for you in a 4 week program. Starting November 2, register for the ILS Alberta Level 1 General Insurance Licensing Preparation – Virtual Classroom
With this 4 week virtual classroom program you’ll receive:
Online streaming video course with unlimited access. Log in and out as many times as you need, with the ability to pause, rewind and review
A daily assisted learning calendar that outlines material covered each day to keep you on schedule
Exam type questions delivered directly to your inbox
Access to an online discussion forum where daily answers to questions are posted
Weekly practice exams and review videos
Live support!

Virtual Classroom Programs = $550 plus tax each registrant.

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Insurance – The Basic Idea: Risk Sharing

Source: The ILS Introduction to General Insurance Level 1 Licensing Program

Insurance is all about risk sharing. It’s not a new idea having been around for thousands of years.

Risk sharing is a way of helping to ensure that a loss does not spell financial ruin for a person or business. It involves coming up with ways to accomplish that. Before the days of insurance companies, people came up with ideas for risk sharing on their own.

Examples:

i) Back in the days of the caveman, when a hunter was killed in the hunt, his widow and family were supported by the other hunters.

ii) The Yangtze River in China is a treacherous waterway and early traders traveling the river had their work cut out for them. Rather than take their entire trading goods over the many rapids on their own, they would meet at a sheltered area of the river and place a portion of their cargo in each of the many boats gathered there. This way, if one boat failed to negotiate the rapids safely, every boat owner still had some of their goods in the other boats. No one faced the prospect of losing everything and having to start their business over again. That’s what insurance does – it’s all about risk sharing

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French CSF Conformité Courses added to your ILS CSF Subscription

French CSF Conformité Courses added to your ILS CSF Subscription

New French Ethics in the Insurance Industry courses have been added to the ILS CSF PDU Subscription.

Éthique dans l’industrie des assurances – Partie 2 et Éthique dans l’industrie des assurances – Partie 3

Complete your PDU requirements entirely online with access to over 45 CSF accredited courses in the categories general subjects, insurance of person, group insurance of person, group savings plan brokerage and compliance.

Receive 6 months unlimited access to all CSF accredited courses for only $285.00

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