Basic Broker Preparation (RIBO Level I License)
IBAO offers a two week course for individuals who would like to become an insurance broker, and have limited industry experience. This course takes students through the required RIB Act, insurance fundamentals such as: the principles of indemnity and insurable interest, personal property and personal automobile insurance principles. This course also examines OAP 1 wordings, and the RIBO Homeowner’s, Tenant’s and Condominium Unit Owner’s form. There is also a short portion on travel insurance.

Objectives:
  • Principles of Insurance
  • Overview of RIB Act
  • Habitational Coverages
  • Personal Auto
  • Liability Coverages
  • Commercial Coverages
  • Travel Insurance
  • Insurance Law

Recommended For:
  • Individuals new to insurance
  • Those wishing to obtain the RIBO Level I (under supervision) License

Facilitators:
  • Lyall Bell, CIP
  • Michael Carberry, BA

IBAO Toronto Dates:
  • Monday, January 18 - Friday, January 29, 2010
  • Monday, March 15 - Friday, March 26, 2010
  • Monday, May 31 - Friday, June 11, 2010
  • Monday, July 19 - Friday, July 30, 2010
  • Monday, September 13 - Friday, September 24, 2010
  • Monday, November 29 - Friday, December 10, 2010

Time:   8:30 am - 4:00 pm (10 days)

Cost:
  • $580.00 - members
  • $990.00 - non-members
  • Includes materials



*Course fee applies to IBAO Toronto and Hamilton region locations.

NOTE: The RIBO examination fee is extra and is payable to RIBO on the first day of the class.

Examinations are held on the last afternoon of the course unless otherwise stated.


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