A Alberta Insurance License is a required document for individuals who want to work as a insurance agent or adjuster in the province. Depending on the province, there are different steps that need to be taken in order to become licensed as an insurance agent or adjuster.This link: pnclearning.com
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In the province of Alberta, the Provincial Licensing Exams are administered by the Alberta Insurance Council (AIC). The AIC is an organization that protects the insurance consumers of the province by enacting licensing requirements and regulation of agents, brokers, and adjusters. The AIC is a not-for-profit organization that is funded by licensing fees and assessments from the insurance industry.
The first step in becoming an insurance agent or broker in Alberta is to complete an AIC approved General Level 1 Insurance Training course. The Royal Alberta College (RAC) has developed this course using content from the AIC textbook with permission from the publisher. The learning materials include a glossary and index as well as mini case scenarios, narrative questions, practice final exams, and multiple choice questions.
Upon passing the Level 1 exam, a person can apply for a restricted insurance agent licence (RIA) in Alberta, Saskatchewan, or Manitoba. In order to apply for a RIA, the individual must have Errors and Omissions insurance or in Manitoba the liability insurance that their regulator requires of them.
Once a licensee is licensed, they must take 15 hours of AIC approved continuing education courses each year in order to renew their licence. The AIC also conducts audits to ensure that all CE requirements are being met by their licensees.
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