March 31 is the deadline to meet your ChAD PDU requirements

Feb 11, 2016 | News

If you did not meet your ChAD compliance requirements this December 31, 2015, you have until March 31, 2016 to complete your missing ChAD PDU’s.

ChAD accredited online courses for Quebec licensed insurance agents, brokers and adjusters

As a Quebec licensed damage insurance agent, broker or claims adjuster, you must complete 20 hours (PDUs) of training per two-year compliance period. The compliance period deadline is December 31 of every odd-numbered year, (2015, 2017 etc.) If you did not meet your requirements for the 2015 compliance period, you must complete your missing PDU’s by Thursday March 31, 2016.

20 hours of training or Professional Development Units (PDUs) must be completed in the following categories:

• 12 Administration and/or Insurance Techniques and/or Law and Legislation
• 5 Professional Development and/or any other category)
• 3 Professional Compliance

With the ChAD Accredited Online Courses Subscription you will:

• have 6 months access to over 70 accredited ChAD insurance training courses in both text and streaming video formats
• access over 100 PDUs in the categories administration and insurance techniques, professional development and professional compliance and Law and Legislation
• save money compared to purchasing individual courses
• have a digital record of your completed course work, which we keep on file for up to seven years
• save time by completing your PDU requirements entirely online, no paperwork or commute

How and where to write your CAIB exam in BC.

Feb 10, 2016 | News

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

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 3^rd attempt there is a 6 month waiting period prior to writing the exam for a 4^th time if the exam is being written for licensing purposes. The six month waiting period applies to each subsequent attempt after the 4^th .

The 6 months period is required by the Insurance Council of BC.  After the 3^rd 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 3^rd attempt there is a 6 month waiting period prior to writing the exam for a 4^th time if the exam is being written for licensing purposes. The six month waiting period applies to each subsequent attempt after the 4^th .

The 6 months period is required by the Insurance Council of BC. After the 3^rd attempt, the Council will not recognize the results of any further attempts without the 6 month period elapsing.

Alberta Mandatory Online Licensing Applications

Jan 25, 2016 | News

Effective immediately, the AIC’s (Alberta Insurance Council) turn-around time commitment for completed and paid license applications and transfers received online will be a response within 3 business days.

Faxed and emailed applications will no longer be accepted.  You must submit online or via Canada Post.

All paper applications will be processed on a best efforts only within 30 days in the order in which they are received.

Effective April 1, paper applications will no longer be accepted or processed and all* license applications must be submitted online.

Application status will not be provided over the phone.

HOW TO PREVENT DELAYS:

A criminal check is required for all new license applications.  If Backcheck is used, be sure to share it with AIC.  If you are obtaining a criminal record check via other means, please ensure you upload a copy of the document with your application.

Payment must be made in order for an application to be processed. If you do not include a cheque with your paper application, within 30 days, you will receive a link via email directing you to our online system to pay the invoice via credit card.

If you have any questions, please email licensing@abcouncil.ab.ca including your CIPR number.

If you haven’t found the answer to your query, watch the Training Videos.

The AIC continues to be dedicated to our role in consumer protection through licensing and compliance, while also ensuring excellence in all of the services you rely on us to provide and doing our part for the environment.

*Exclusions: Designated Representatives, Corporate and Restricted License Holder applications will continue to be accepted in paper format with a 3 business day commitment if all information is clear, accurate and payment received.

MANDATORY ONLINE LICENSING APPLICATIONS FOR ALBERTA

Jan 20, 2016 | News

Effective immediately, the AIC’s turn-around time commitment for completed and paid license applications and transfers received online will be a response within 3 business days.

Faxed and emailed applications will no longer be accepted. You must submit online or via Canada Post.

All paper applications will be processed on a best efforts only within 30 days in the order in which they are received.

Effective April 1, paper applications will no longer be accepted or processed and all* license applications must be submitted online.

Application status will not be provided over the phone.

HOW TO PREVENT DELAYS:

A criminal check is required for all new license applications. If Backcheck is used, be sure to share it with AIC. If you are obtaining a criminal record check via other means, please ensure you upload a copy of the document with your application.

Payment must be made in order for an application to be processed. If you do not include a cheque with your paper application, within 30 days, you will receive a link via email directing you to our online system to pay the invoice via credit card.

If you have any questions, please email licensing@abcouncil.ab.ca including your CIPR number.

If you haven’t found the answer to your query, watch the Training Videos.

The AIC continues to be dedicated to our role in consumer protection through licensing and compliance, while also ensuring excellence in all of the services you rely on us to provide and doing our part for the environment.

*Exclusions: Designated Representatives, Corporate and Restricted License Holder applications will continue to be accepted in paper format with a 3 business day commitment if all information is clear, accurate and payment received.