In Canada, the CAIB 4 exam is one of two exam you have to pass in order to get your Level 3 General Insurance License and one of the exams you need for the CAIB designation.
This license is an important next step in your career advancement because it enables you to take on additional responsibilities within your brokerage. With a Level 3 license, you are also able to manage a brokerage or start your own as a nominee or principal broker.
To reflect this, the course focuses mostly on business and brokerage management skills rather than technical insurance concepts.
Who needs this CAIB 4 Study Guide?
Our CAIB 4 Study Guide is designed for busy working professionals and contains everything you need to know to ace your exam. We’ve taken everything you need to know and condensed it down into 53 easy to understand pages to help you pass the exam faster.
Because this exam is formatted differently from the other CAIB exams, a set of practice questions are included with your purchase to help you prepare.
Topics covered in this study guide:
- Making Plans
- Organizing an Insurance Brokerage
- Human Resources Management
- Sales & Marketing
- Broker-Insurer Relationships
- Broker-Client Relationships
- Financial Management
- Using Technology
- Monitoring & Oversight
Discounts given if purchasing CAIB 1, 2 & 3 together. Tax included.
In Ontario, this exam is called RIBO 3 Unrestricted Management (our CAIB 4 Study Guide comes with additional materials required for this exam. Just let us know when ordering.)
In Alberta, this exam is called the Alberta Level 3 and requires an additional Level 3 Supplement available from the Insurance Brokers Association of Alberta.