ILScorp Blog
The latest and greatest info from ILScorp!
New Harmonized LLQP for 2016.
As of January 1, 2016, a new life licensing qualification program will be in effect called the Harmonized LLQP (HLLQP). This program will be implemented across Canada (including Quebec). As a result of this regulatory change, all students currently registered in the existing ILScorp LLQP Program must register with their provincial insurance council and pass the provincial LLQP final licensing exam by December 31, 2015.
(Please note, you must complete the online LLQP course material, and pass the course Certification exam BEFORE you register and challenge the provincial licensing exam with your insurance council)
Don’t be afraid to learn a new skill. Start a career in General Insurance.
Daily Assisted Virtual Classroom Programs begin Monday November 2, 2015.
Daily Assisted Virtual Classroom Programs are ideal for those who benefit from a more structured form of independent study. Stay focused and on track by following the program calendar which breaks down the entire 4 week program on a daily task and assignment basis. Your Virtual Classroom Program is completed entirely online and can be accessed any time. You can log in and log out as many times as you wish, pause, rewind and review, you receive unlimited access for 3 months.
Virtual Classroom Programs also include weekly review videos followed by weekly practice exams, so you can review the material you studied and test your knowledge on the main concepts. Dedicated discussion forums post additional quiz questions daily, with the answers posted the following day and allow you to ask the instructor and questions you may have on the study material.
Alberta Level 1 General Insurance Licensing Preparation – Virtual Classroom
Are you the type of learner that requires just a little more structure and direction than some methods of independent study offer? Follow the pathway of an ILScorp Daily Assisted Virtual Classroom where your daily study focus is outlined for you in a 4 week program. Starting November 2, register for the ILS Alberta Level 1 General Insurance Licensing Preparation – Virtual Classroom
With this 4 week virtual classroom program you’ll receive:
Online streaming video course with unlimited access. Log in and out as many times as you need, with the ability to pause, rewind and review
A daily assisted learning calendar that outlines material covered each day to keep you on schedule
Exam type questions delivered directly to your inbox
Access to an online discussion forum where daily answers to questions are posted
Weekly practice exams and review videos
Live support!
Virtual Classroom Programs = $550 plus tax each registrant.
Insurance – The Basic Idea: Risk Sharing
Source: The ILS Introduction to General Insurance Level 1 Licensing Program
Insurance is all about risk sharing. It’s not a new idea having been around for thousands of years.
Risk sharing is a way of helping to ensure that a loss does not spell financial ruin for a person or business. It involves coming up with ways to accomplish that. Before the days of insurance companies, people came up with ideas for risk sharing on their own.
Examples:
i) Back in the days of the caveman, when a hunter was killed in the hunt, his widow and family were supported by the other hunters.
ii) The Yangtze River in China is a treacherous waterway and early traders traveling the river had their work cut out for them. Rather than take their entire trading goods over the many rapids on their own, they would meet at a sheltered area of the river and place a portion of their cargo in each of the many boats gathered there. This way, if one boat failed to negotiate the rapids safely, every boat owner still had some of their goods in the other boats. No one faced the prospect of losing everything and having to start their business over again. That’s what insurance does – it’s all about risk sharing
French CSF Conformité Courses added to your ILS CSF Subscription
New French Ethics in the Insurance Industry courses have been added to the ILS CSF PDU Subscription.
Éthique dans l’industrie des assurances – Partie 2 et Éthique dans l’industrie des assurances – Partie 3
Complete your PDU requirements entirely online with access to over 45 CSF accredited courses in the categories general subjects, insurance of person, group insurance of person, group savings plan brokerage and compliance.
Receive 6 months unlimited access to all CSF accredited courses for only $285.00
Receive one free rewrite with the ILScorp Life Licensing LLQP Program
Obtain your life license with ILScorp’s streaming-video LLQP exam prep program.
A complete and comprehensive online exam preparation course, ILScorp’s LLQP Program teaches you the knowledge and skills to successfully challenge the provincial LLQP final examination. DUE TO THE UPCOMING 2016 LLQP HARMONIZATION, YOU MUST PASS YOUR CERTIFICATION EXAM, REGISTER WITH YOUR PROVINCIAL INSURANCE COUNCIL AND SUCCESSFULLY COMPLETE THE PROVINCIAL LLQP FINAL LICENSING EXAM BY DECEMBER 31, 2015 IN ORDER TO BECOME LIFE LICENSED. No refunds on ILS course material that is not completed by December 31, 2015.
New RIBO Accredited Course just released – Intro to Travel Insurance Medical and Dental Coverage
Introduction to Travel Insurance Medical and Dental Coverage just added to the ILScorp General CE Course Subscription.
Your RIBO CE deadline is Wednesday September 30. Still need to complete CE credits? We’ve just added this new Travel Insurance course to the ILScorp General CE Subscription, RIBO Accredited for 2 CE hours in the Technical Category
BACK2SCHOOL with Online Virtual Classroom Insurance Training & Licensing Programs
School is in session but only for 4 weeks. Book Your Seat Now in an ILS Virtual Classroom Insurance Training Program.
As we launch into September and thoughts of heading back to school take over, consider that with the ILS Virtual Classroom insurance training programs you could be Level 1 Insurance licensed and ready to start your career in the Canadian insurance industry by October 2, 2015. Follow the 4 week study calendar outline of a virtual classroom program and be job-ready by the time others are just getting settled into school.
RIBO Management Continuing Education Courses
Accredited Management Continuing Education: Subjects pertaining to the RIB Act (Registered Insurance Brokers Act) and Regulations, human resources, general management, accounting and generally topics relevant to the operation of a property & casualty insurance brokerage. Maximum allowable credits: 20 hours.
Looking to complete your RIBO continuing education requirements? The ILS GENERAL CE SUBSCRIPTION contains over 175 RIBO Accredited Online courses, including Technical Courses, Personal Skills Courses and Management Courses.