ILScorp Blog
The latest and greatest info from ILScorp!
New Courses Approved for Ethics CE Training
Three new courses have been approved by the Life Insurance Council of Saskatchewan as ethics CE training. Resident Life and Accident & Sickness; and Accident & Sickness Licensees are required to complete a Council approved ethics CE course totaling at least three hours in duration.
Your chances of being audited are high if…
Did you know that the insurance councils of Alberta will audit licensees who complete their CE at, or near, the end of the renewal deadline? So, If you leave your continuing education completion to the last minute, you’re likely to be audited. When do you need your CE credits by?Life and Accident & Sickness insurance agents, General insurance agents and Adjusters in Alberta are required to complete in each certificate term at least 15 hours of approved continuing education courses. A “certificate term” means the period beginning on July 1 and ending on the next June 30.To sum it up, if you’re completing your CE requirements in the last 2 weeks of June, expect a call from council.
Virtual Classrooms Starting soon for CAIB Exam Prep
Virtual Classrooms fast track your career advancement opportunitiesIf advancing your career is dictated by your higher education accomplishments, then you take the courses you need to upgrade your knowledge and skills. Earning your CAIB designation doesn’t have to mean years of study time, instead, the time you invest could only be months.
Flexible online insurance licensing programs
ILScorp offers Level 1 General Insurance or Adjuster Licensing Programs that are completed entirely online. Unlimited access to interactive video courses, flashcards, practice exams, even your final licensing exam is included. Everything you need in one package to successfully pass your level 1 insurance licensing exam.
RIBO Ethics Continuing Education Requirement
1 hour minimum of RIBO Ethics CE. Your total number of required RIBO continuing education hours has not changed, but the new category of Ethics is now in effect. ILScorp has launched a new online course to meet your RIBO Ethics continuing education requirements.
Approved Mandatory Ethics Training Courses
Ethics training is important and can have an impact on business, reputation, and daily office morale. You cannot afford to leave ethical decision making to chance, as one hasty action or decision by a licensee can harm an entire organization.These courses discuss professional codes of conduct, with dilemma or scenario-based examples so licensees may spot issues and make the right choices. The aim is to help licensees make sense of what might seem like a convoluted situation and determine the ethical choice.
Happy Family Day!
Family Day reminds us all to focus our thoughts, energies and time to those closest to us…
the members of our own families. Throughout our busy lives filled with learning and working, it is easy to allow ourselves to lose sight of what should always be most important – our family. We wish all of you and the members of your families a happy, memorable, and safe Family Day! Enjoy the opportunity to share some quality time together.
ILScorp offices are closed Monday February 18, 2019. If you require assistance during this time, please call us and leave a detailed voicemail message or email info@ilscorp.com.
We will reopen for business on Tuesday, February 19 at 8:30am PST.
Licensing FAQ’s for General Insurance Agents in Ontario
What are the educational requirements to become a general insurance agent? To become licensed as a general insurance agent, the applicant must successfully pass the qualifying examination for general insurance. Examination results are valid for one year and must be forwarded to Financial Services Commission of Ontario (FSCO) when applying. FSCO does not conduct the examinations. General agents are exempt if they have a Chartered Insurance Professional (CIP) designation or successfully passed the equivalent RIBO exam.
New CSF Compliance Course – Making the Right Ethical Decisions
Most of our insurance education focuses on improving product knowledge and developing our technical skills. And there’s nothing wrong with that. However, more emphasis has been placed on discussing the ethical decisions that insurance professionals have to make daily in their dealings with other industry staff, their clients and the insurance companies they represent.
We work in a society where people pay us for the advice and products we provide to them. They expect us to be fair, honest, trustworthy, and loyal and all the other things they value in their insurance professional. If we breach any of these ethical values, they may well perceive us as being unethical in our dealings with them.