Level 1 Insurance Licensing

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According to Statistics Canada, more than one million Canadians were employed in the insurance and financial sector in 2012 – and there’s always room for more. Think about it; that’s one million Canadians gainfully employed and enjoying a rewarding insurance career!

StatsCan numbers show a typical full time salary for an insurance broker is $35,000-$45,000. Agents in Saskatchewan and Manitoba had the highest average salaries.

The insurance industry is still expanding, with more opportunities for newcomers to the industry. Consider these facts from Insureconomy, a review of the insurance sectors in Ontario, New Brunswick and Nova Scotia:

• From 2004 to 2010, total employment in the insurance industry across New Brunswick grew by 49 percent – faster than all other provinces in Canada.
• The insurance industry has been growing steadily in Ontario since 2005, with insurance carriers increasing their workforce by 18 percent. Overall, the insurance industry increased total employment by over 12 percent – well above the provincial employment growth rate of only 4 percent.
• Direct employment in Nova Scotia’s insurance industry has been on the rise since 2005. From 2005 to 2008, 655 new jobs were created by the insurance industry.

There’s never been a better time to get involved in this growing and dynamic industry!