ILScorp BlogThe latest and greatest info from ILScorp!
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.
What’s included in your ILScorp Insurance CE course subscription? Your Insurance CE Course Subscription gives you many options for obtaining your mandatory Continuing Education (CE) credits and for enhancing your knowledge of the insurance industry. All CE courses are provincially accredited and written by insurance and financial services experts. Courses are completed entirely online with new courses being added regularly at no extra charge.
Votre abonnement vous offre nombre d’options pour obtenir vos unités de formation continue obligatoire et parfaire votre connaissance du secteur de l’assurance. Tous les cours de formation continue sont reconnus par les provinces et écrits par des experts de l’assurance et des services financiers. Ils sont entièrement dispensés en ligne et de nouveaux cours sont ajoutés régulièrement, sans frais supplémentaires.
As a RIBO licensee you need 1 Hour of RIBO Ethics CE by September 30, 2019, and then a new hour of Ethics CE every year between October 1st and September 30th. ILScorp has your RIBO requirements for 2019 covered with the online course Making the Right Ethical Decisions, and we will be adding new RIBO Ethics CE courses each year.
All provincial insurance councils have regulations that require licensees to maintain continuing education records. Random audits can be conducted at anytime and if you do not have the supporting documentation, Council may take disciplinary action, including invalidating your license renewal. With ILScorp online courses, once you successfully complete a course, you can view and print your CE certificates immediately and anytime after! ILScorp keeps your completed course history on file for up to 7 years in case of audit. Here’s how to view and print your CE Certificates.
To continue to provide the highest quality continuing education (CE) for insurance professionals in Alberta, the Alberta Accreditation Committee (AAC) has determined that CE without expiry dates and those accredited for longer than three years, will be phased out and no longer be accredited for CE purposes. This ensures that all CE offered aligns to current market conditions and trends.
What are technical CE credits? If you are a Level 1 or Level 2 licensee, the only qualifying insurance continuing education is technical material directly related to General insurance products, compliance with insurance legislation and licensee requirements such as council Rules, Council’s Code of Conduct, the Insurance Act, and privacy legislation.
Don’t leave the entry of your completed Manitoba Continuing Education credits until the last minute. Enter credits upon completion and allow the Insurance Council of Manitoba’s on-line CE system to to track how many CE credits you have completed, remind/inform you of how many more credits are required to renew your license and simplify your on-line renewal.
Whether you’re new to the insurance industry or are an experienced veteran, its critical to understand how continuing education (CE) requirements work. Basically, your CE credits, or lack thereof, have a major impact on whether you’re able to keep your RIBO license and make a living from insurance or not. The consequences for non-compliance and neglecting to keep your RIBO CE credits up to date can be disastrous!