If you are looking to become an insurance agent in Ontario, you’ll need to obtain an Other Than Life (OTL) insurance license, and now is the time to buy your online training course from ILScorp. Take advantage of our Sweet Deal this February and get six months of access to our OTL training course for only $99 (regular price $409.95).
Our interactive online OTL video course is a virtual classroom combining dynamic instruction with the ease and convenience of online learning. The courses are divided into easy-to-manage chapters. Numerous exercises and mock exams help to reinforce your knowledge retention. You will receive access to this course for six months and can work through and review the material at your own pace.
Register today using the Promo Code: SWEETOTL
As part of our Sweet Deals promotion, you can also enjoy these amazing discounts:
The LLQP (Life Licensing Qualification Program) is now only $199, including unlimited free rewrites on the certification exam! (Regular price $309.95 + $109 per re-write)
Our streaming-video LLQP is complete and comprehensive, giving you all of the knowledge and skills you need to successfully challenge the provincial LLQP examination. When you register to take the ILScorp LLQP, you will receive: access to the LLQP Life Insurance Course, in video format; a series of exam-type Case Studies; an online mock exam; your Certification Exam; six months access.
To register, use the Promo Code: SWEETLLQP
The RIBO (Registered Insurance Brokers of Ontario) Licensing Course is now only $99. (Regular price $409.95)
In Ontario, your first step to becoming an insurance broker is passing the RIBO exam. ILScorp’s online RIBO Licensing Exam Preparation course will guide you through the information. Everything you need to succeed is included in the course. You get six months access to the course, materials, quizzes and exams, so you can take your time studying and challenge the provincial licensing exam when you are ready. More than 80% of students who use this video course to prepare for the RIBO exam are successful!
To register, use the Promo Code: SWEETRIBO
The Sweet Deals promo codes are available on new purchases only from Feb. 3-14, 2014. Contact us at 1-800-404-2211 with any questions.
Hello,
I have LLQP license, looking FOR AUTO AND HOME. Please advise me should I go for OTL or RIBO
tHANKS,
sTELLA
Hello Stella, both the RIBO (Registered Insurance Brokers of Ontario) and OTL (Other Than Life) license allow you to sell home and auto insurance in Ontario, however the OTL qualifies you to be an Insurance Agent while the RIBO license qualifies you to be an Insurance Broker.
OK, so what is the difference between an Insurance Agent and an Insurance Broker?
An Insurance Broker is a person that has permission to seek insurance quotations for an insured (client) or prospective client. A broker is not an insurance company employee. As a representative for the insured, brokers will approach several insurance companies in an attempt to provide quotations and coverage to adequately insure the client’s exposures. – Insurance Brokers Association Ontario
An Insurance Agent is a person who has entered into an ‘agency contract’ with an insurance company for the purpose of selling insurance for that one company. An agent is not an employee of the insurance company, but rather an independent contractor. The agent, unlike a broker, has the authority to bind coverage (legally obligate the insurance company to provide coverage according to the terms and conditions as bound). – Insurance Brokers Association Ontario
To learn more please visit this link: https://www.ilscorp.com/blog/difference-ribo-otl-license/