Apr 22, 2014 | News
Flooding worries are on many minds following the dramatic events in Sherbrooke, Quebec last week and as rain starts to fall in Alberta this spring. But homeowners looking to insulate themselves from flood damage can’t look to Canadian insurance companies for help.
According to the Insurance Board of Canada, 61 per cent of Canadians think their home insurance covers them in case of overland flooding. Sixty one per cent of Canadians are wrong.
The IBC’s Pierre Babinksy says insurers in Canada don’t offer protection against flooding because they think floods, unlike fires, earthquakes or hurricanes, are what he calls “certainties.”
“It’s very difficult to assess the risk in order to quantify it and in order to capitalize accordingly cover any damages that would be incurred,” he says.
However, flooded homeowners can usually seek assistance from their municipalities, which are in charge of distributing federal and provincial flood aid. Babinsky does encourage homeowners to contact their insurers in all cases of water damage in order to see if they are eligible for reimbursement.
Excerpted from CJAD News
ILScorp has partnered with the Restoration Industry Association to provide a Basic Water Loss Training Course. This entry-level online training program addresses basic, broad knowledge for those interested in the practice of water damage restoration. One of the main goals of a water loss restorer is to return safe indoor environments to buildings that have been affected by a water intrusion. This online course is excellent training for new water loss field staff, administrative, HR, marketing staff and restoration professionals.
Visit us at www.ilscorp.com or call us a 1-800-404-2211 to join the more than 23,000 other Canadian insurance professionals who are learning with ILScorp every year.
Jan 15, 2014 | News
Alberta has phased in a new deadlines for all continuing education requirements for insurance agents in that province. General Insurance, Life and A&S, and Adjusters will all have a June 30 deadline for completing CE hours each year.
The changes began with the Life and Accident and Sickness agent renewals in December of 2012, with holders receiving a certificate that will expire on June 30, 2014. This is an additional 135 days and the fee for the certificates are prorated accordingly. CE requirements remain at the current 15 hours.
In April 2013, Adjusters certificate holders were issued a certificate that will expire on June 30, 2014. This is an additional 30 days. Continuing Education requirements remain at the current 15 hours.
In September of 2013 General Insurance Agents received certificates that will expire on June 30, 2014, resulting in a license term that is reduced by approximately four months. The fee for this group of certificates will be reduced on a prorated basis. Continuing Education requirements for general insurance agents are reduced to 10 credit hours during the transitional period and will return to 15 credit hours following the transition.
ILScorp has the online courses you need to complete your hours. Choose from individual accredited courses, or purchase a six-month subscription to our general insurance catalogue or Life/ A&S course catalogue, for unlimited access to all accredited courses. Choose from a variety of topics and complete your hours on your schedule, anywhere you have an internet connection.
Visit ILScorp.com and get started today!
Jan 10, 2014 | News
ILScorp has recently released an exclusive new E&O Insurance course. ILScorp Life A&S continuing education subscribers now have free access to “Introduction to Errors and Omissions Exposures Insurance.”
This course is accredited for one continuing education hour in BC, Alberta, Saskatchewan and Manitoba.
Errors and Omissions insurance, also known as Professional Liability insurance, is designed to cover the errors and omissions of Life Insurance Agents and their associates. It protects against claims for financial losses stemming from negligence.
According to recent statistics, one in seven (14%) people selling insurance will be successfully sued for an E&O insurance claim. Therefore, it is essential that agents be aware of the E&O exposure and take the steps necessary to prevent and control E&O insurance claims.
This new online insurance training course is one of 75 continuing education courses (180+ credit hours) included in the ILScorp Life/ A&S subscription. All ILScorp courses are accredited and are written by insurance experts. The text and video courses engage the user so the learning experience is both interesting and entertaining. For your convenience, all of the courses available anywhere in the world you have an Internet connection.
Some of the courses available in the subscription include:
- The Individual Pension Plan
- Critical Illness Insurance: Benefits for the Living
- The Fundamentals of Customer Service – Providing the Service Our Life Insurance Customers Expect
- Life Agent Development Course Disability Insurance
- The Money Management Planning Process
- Insurance and Estate Planning
A six-month subscription includes access to these course and more for only $260 plus taxes. Learn more, earn more, with ILScorp.
Oct 24, 2013 | News
This year’s Continuing Education deadline for Alberta insurance agents is now only one week away, and there is still time to complete your CE courses with ILScorp.
Alberta insurance professionals must complete their mandatory CE hours by Thursday, Oct. 31. With ILScorp, you can complete your continuing education insurance training on your own schedule, whenever and wherever is convenient for you.
Continuing Education courses with ILScorp are affordable – a subscription to our General Insurance continuing education courses is only $185, which allows you to choose from more than 160 accredited online CE courses. Or purchase courses on an individual basis starting at $85. Group pricing is also available for groups of five or more.
ILScorp’s general subscription offers more than 160 online General Insurance training courses (more than 300 credit hours) designed to help Alberta insurance agents meet their mandatory licensing requirements and receive the most relevant and up-to-date training in the industry. All ILScorp General Insurance continuing education courses are accredited and are written by insurance training experts.
Courses are offered online as either text or video, and are designed to engage the user, so the learning experience is both interesting and entertaining. The online format allows you to access your courses anytime, anywhere, and at your convenience.
More than 23,000 annual subscribers use our online training programs and ILS has been Canada’s leader in online insurance training and career development since 2001. ILScorp offers your best option for insurance industry continuing education credits.
Call 1-800-404-2211 or go www.ILScorp.com and get started today.
CE with ILS – fast, easy, done!
