ONTARIO Insurance CE Requirements
Continuing
Education Hours
Agents
licensed in Ontario must complete 30 credit hours biannually (every 2 years).
Continuing
Education Compliance Date
CE
compliance date is the same as the renewal date.
License
Renewal Date
License renews every two years on anniversary of date of issue.
Type
of courses accepted for CE Credit
Continuing
Education courses can be classroom, online and/or self-study.
Course
Subject Requirements
Course must provide knowledge directly related to giving advice on financial
products and services; or enhances skills concerning the operation of a
financial services business. This includes programs which are structured for
the specific purpose of education but excludes activities such as programs and
meetings primarily based on sales production, promotion and motivation.
Carryover
Requirements
Life Agents - Excess credit hours cannot be carried over into subsequent
licensing periods.
Course
Repetition
Courses cannot be repeated in a renewal period
Final
Exam
Final
exam is open book and does not require a monitor.
Requirements
to Maintain Records:
Agents
are required to keep their continuing education certificate for up to four
years from the license renewal date against which the CE course is
applied. Random audits are conducted. Further information can be obtained
at
www.fsco.gov.on.ca
Non-Resident
CE Requirements
An agent may be exempt from having to take the LLQP examination if he/she is
applying as a nonresident of Ontario who has passed the LLQP examination in
another province or territory and is currently licensed in that province or
territory.
US agent licenses are not transferable. US applicants must qualify through the
LLQP.
For
Additional Information please Contact:
Financial Services Commission of Ontario
5160 Yonge Street, 4th Floor
P. O. Box 85
Toronto ON M2N 6L9
PH: 416-250-9209
PH: 800-263-0541
Fax: 416-590-7070, Attention: Licensing and Enforcement
E-mail:
elicence@fsco.gov.on.ca
Website:
http://www.fsco.gov.on.ca
ADVOCIS (formerly CAIFA) Requirements
Continuing
Education Hours
Continuing Education (CE) is mandatory for all Advocis members. Members are
required to earn a minimum of 30 CE credits each calendar year. Each hour of CE
credit approved by Advocis qualifies for CE credit. Any deficiency in one year
must be made up by the next year in addition to the full year's requirement. As
it is a membership requirement to earn CE credits, those in non-compliance will
be subject to sanctions.
-
a minimum of 15 hours of structured
learning activity in the form of CE programs. One CE credit equals one
hour of structured learning activity.
-
Informal learning activities — a maximum
of 15 hours of informal activity determined by the member as contributing
to his or her ongoing professional development such as:
teaching/presenting, research/writing articles, self-study, and
participation on industry task forces/committees.
For
Additional Information please contact:
390 Queens Quay West, Ste. 209
Toronto, ON
M5V 3A2
Tel: 416 444-5251
Toll Free:1-800-563-5822
Fax: 416 444-8031
E-mail:
info@advocis.ca
Website:
www.advocis.ca