FOI - Fundamentals of Insurance

FOI is an approved pre-licensing course, and successful completion satisfies the education requirement for a Level 1 licence. This level of license authorizes the licence holder to sell, inside but not outside the office of a general insurance brokerage and under the supervision of the holder of a Level 2 licence, every category of insurance including accident and sickness insurance (excluding life insurance).

ABOUT Fundamentals of Insurance (FOI)

This course is available by home study or a five-day immersion course. Cost is $325.00 (GST included) (Home-study), $640.00 (Five-day Immersion Course), and includes the FOI course manual and the first exam. You may challenge an FOI exam a maximum of three times in a six-month period.

 **FOI Supplement Guide - SOLD OUT

ABOUT FOI IMMERSION COURSE

FOI Immersion is a virtual five-day course offered through IBAM. This is an interactive course with a live teacher who will explain the concepts and give examples. The exam follows the course and is written the following Monday. All classes will be held via a virtual platform which is accessible by internet access anywhere in the world.

ABOUT THE SELF-DIRECTED COURSE

An individual can register for the self-directed Fundamentals Course at any time. Once registered, the individual will have up to 6 months to write the exam which they must register for 1 week before the exam date. If the individual does not register in this time, they must pay a rewrite fee.

Exams can be written at the IBAM Office (Exam Sitting) or online via CAPTUS.

To register for FOI Immersion or Self-Directed, please see the below upcoming course schedule.

PLEASE NOTE: Payment is non-refundable once package containing materials has been opened.  Course confirmation will be sent with text once registration is processed.  Applications are processed on a first-come, first-served basis as payment is received and all courses are subject to minimum attendance requirements and subject to change.

 

COURSE OPTIONS / SCHEDULE