In all Canadian provinces except Alberta, the CAIB 2 exam is one of two exams you have to pass in order to get your Level 2 General Insurance License and also one of the four exams you need to earn your CAIB Designation.
The CAIB 2 exam follows the standard CAIB exam format:
- 12 Key Terms: selected from about 80 possible key terms
- 10 Multiple Choice Questions
- 26 Short Answer Questions: these questions are worth about 3 marks each and form the bulk of the exam. This is also where students usually find trouble.
Who needs these CAIB 2 Practice Questions?
The main area of concern for most students on these exams are the short answer questions. The questions are open ended and require students to apply their theoretical knowledge into real-world situations. If you’ve tried the exam before and found yourself having trouble with the way the questions are worded or if you’re not sure what sections of the material you need to focus on, these practice questions might be able to help you.
Our CAIB 2 Practice Questions are designed to prepare you for the exam by focusing on key concepts tested and helping you get a feel for the tricky way they will ask questions. It can also be used to help you identify which parts of the material you need to work on.
This set has ~1000 questions for you to practice with so you can face the exam with confidence.
Discounts given if purchasing CAIB 2 & 3 together (tax included).
In Ontario, you need to study both CAIB 2 & 3 for the RIBO Unrestricted Technical exam. We have a separate package for Alberta Level 2 Practice Questions with ~3000 questions.
Fundamentals of Insurance, CAIB 1 & CAIB 3 Practice Questions are also available.