In all Canadian provinces aside from Ontario, Alberta, and Quebec, the CAIB 1 exam is used to pre-qualify people for the Level 1 insurance brokers license. This license enables you to practice insurance in your home province and get your first insurance job at a brokerage or insurance company.
On top of that, CAIB 1 is one of four exams you need to pass in order to get your CAIB Designation – a professional designation that shows a broker has completed a certain level of education. It’s a sign that you’re knowledgeable about insurance concepts and something employers look for.
Who needs this CAIB 1 Study Guide?
Whether you’re a broker looking for a career upgrade or brand new to the industry looking for a career change, this exam is important. But not everyone has the time to sit down and pore through a large textbook so this study guide was designed with that in mind.
Our CAIB 1 Study Guide contains everything you need to know to ace your exam. We’ve written a textbook with only 68 easy to read pages so you can get licensed quickly and without the hassle of reading through a thick textbook crammed full of cryptic legal-speak.
A set of practice questions are also included with your purchase. But it works even better if purchased as part of the full online program.
Topics covered in this study guide:
- Introduction to Insurance
- Property Insurance
- Liability Insurance
- Farm Insurance
- Accident & Sickness / Travel Insurance
- Broker Regulations & Professionalism
- Automobile Insurance
Track Record
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Tax included. Discounts given if purchasing CAIB 2 & 3 as well.
CAIB 2 Notes and CAIB 3 Notes are also available. You will need CAIB 2 & 3 if you want to get your Level 2 insurance brokers license.