I’ve had a ton of students come to me asking about the general insurance exams in Alberta. They want to know what grade they need to pass, how the exam is formatted and what is covered. In the blog post, I’ll be talking about all 3 of those things.
What is the passing grade for the insurance exams in Alberta?
For all 3 levels of licensing in Alberta, you need 70% to pass. This is a bit different from the CAIB exams which only require 60% to pass.
How are these exams formatted?
The General Level 1, 2 and Adjuster Level 1 exams are really straight forward. Just 100 multiple choice questions and you have 2 hours to complete them.
The General Insurance Level 3 exam is even simpler. You are given 90 minutes to answer 50 multiple choice questions.
That being said, don’t underestimate the difficulty of these exams. There are a lot of trick questions so read each questions and multiple choice option carefully.
What is covered on these exams?
The format of the General Level 1 Exam and the General Level 2 exam are the same. It contains
- 60 Technical Skills & Risk Management questions
- 20 Ethics & Professionalism questions
- 20 Industry Knowledge questions
The General Insurance Level 3 Exam is slightly different. It’s based off of CAIB 4 and contains:
- 15 Industry Knowledge & Skills questions
- 35 Brokerage Management questions
If you’re interested in learning more about what is covered, you can read the Alberta Insurance Council’s curriculum design documents here, here and here. I have to warn you though, they are very dry and boring to read.
I hope this helped some of you guys. If you’re interested in getting started in the insurance industry as a general insurance agent or as an adjuster, check out our course here. If you have any questions, feel free to reach out anytime.