How often do the paper CAIB exams occur in BC and where are they held?
All levels of CAIB exams are held on five dates annually in over 45 locations throughout BC. These locations include but are not limited to:
- the Lower Mainland in Abbotsford and Vancouver only
- Victoria
- Nanaimo
- Campbell River
- Kelowna
- Nelson
- Cranbrook
- Prince George
- Kamloops
- Vernon
- Salmon Arm
- Fort St. John
2016 CAIB 1-4 Exam Dates
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What about CAIB online exams? How often do the CAIB online exams occur and where are they held?
CAIB 1-4 online exams are now available at the IBABC office in downtown Vancouver. The exam is available in Vancouver on Tuesday and Thursday of each week with one exam sitting a day at 12:45 pm for eight students. Students must register for the exam online first. They are also available in many other locations across the province.
Taking the CAIB Exam
What does the paper CAIB exam look like?
The exam is comprised of short answer, definitions and multiple choice questions. It is a paper exam and must be completed in pen. The allotted writing time is 3 ½ hours.
What does the online CAIB exam look like?
Exam consists of multiple choice, definition and short answer questions for CAIB 1-3 and the long form answers for CAIB 4. Students have 3 ½ hours to complete the exam. The passing grade is 60% for each level.
What grade do I need to pass my CAIB exam?
A minimum grade of 60% is required for a pass on each exam.
How soon after the paper exam will I receive my mark and where will it be available?
Results are available online approximately 2 weeks after the examination has been written. Physical mark cards will be mailed directly to the student after all examinations have been marked. Marks are not available by phoning the Association office.
How soon after the online CAIB exam will I receive my mark and where will it be available?
CAIB online exam marks will be available 7 business days after the day students completes the exam. The results are provided by email. Marks are not available by phoning the Association office.
How many times can I re-write the paper CAIB exam and how much will it cost each time?
The period between re-writes is dictated by the number of times you have written the exam previously. A $195 fee applicable each time the exam is re-written.
- 1-3 attempts in row on the available exam dates
- After the 3rd attempt there is a 6 month waiting period prior to writing the exam for a 4th time if the exam is being written for licensing purposes. The six month waiting period applies to each subsequent attempt after the 4th .
The 6 months period is required by the Insurance Council of BC. After the 3rd attempt, the Council will not recognize the results of any further attempts without the 6 month period elapsing.
These waiting periods are not meant as a penalty. They are in place to ensure that your knowledge at the time of testing is accurately measured. The wait times are decided by the Insurance Council of British Columbia
How many times can I re-write the online CAIB exam and how much will it cost each time?
The period between re-writes is dictated by the number of times you have written the exam previously. A $195 fee applicable each time the exam is re-written.
- 1st and 2nd attempts in row on based on the availablity of exam dates
- 3rd attempt – 1 month from the date of the 2nd attempt
- After the 3rd attempt there is a 6 month waiting period prior to writing the exam for a 4th time if the exam is being written for licensing purposes. The six month waiting period applies to each subsequent attempt after the 4th .
The 6 months period is required by the Insurance Council of BC. After the 3rd attempt, the Council will not recognize the results of any further attempts without the 6 month period elapsing.
