Conquer The World of Accident and Sickness Insurance
The Accident and Sickness Insurance Course covers the curriculum prescribed by the Canadian Council of Insurance Regulators in a comprehensive yet concise manner. You'll gain a comprehensive knowledge of the accident and insurance industry, products and business.
This is a modular course with corresponding online examinations for each module. It has been designed to reflect the content and examination requirements set out within the provincial regulators’ curriculum document.
Note : that the provincial examination will be an open book format and all candidates will be provided with an electronic copy of the modules at the provincial exam centre.
- Disability, accident and sickness insurance
- Government disability plans
- Risk management and needs analysis
- Underwriting, pricing, claims; applications, policies, the agent role
- Taxation of premiums and payments
- Ethics and professional practice considerations
What's included in the Accident and Sickness Insurance Course:
- An electronic textbook consisting of these modules: Accident and Sickness; Ethics & Professional Practice (one module for Common Law and one module for Civil Code – you are given the choice of taking one or both for examination purposes)
- Extensive online learning activities such as client scenarios, practice exercises and quizzes
- Access to assistance from CSI's academic support specialists
Note: All students are required to register on the regulatorís national registry (CIPR) upon enrolment into this course. You will not be able to access course material until your CIPR registration has been completed. Details on how to register can be found in your enrolment letter as well as when you sign into your online course. CSI will be notified by CIPR as soon as your registration has been completed and your course materials will then be released the same or next business day.
We will update CIPR, showing your eligibility to challenge the provincial exam the next business day after you have successfully completed all required modules.
|Approximate Hours of Study**|
|Hours of Study||60 - 80 hours|
** In order to provide some guidance to course participants as to the length of time it will take to be sufficiently prepared to write the examinations, CSI has prepared this estimate of the number of hours an average participant could possibly expect to spend studying for a course. Please note that these are only recommended hours of study developed based on research and our course content, however, this does not mean that some students with exceptional backgrounds would not take less time than recommended or that students with no background at all in finance would not take longer than the maximum.
Each module is assessed separately and corresponds with the provincial licensing examination requirements.
You need a minimum score of 60% on each module to pass the exam (there are no assignments). If necessary, you have up to three attempts at each module’s exam.
If you plan to sit for a provincial accident and sickness licensing examination you must first complete all of the modules required within this course.
Successful completion of the Accident and Sickness Insurance Course entitles you to write the provincial licensing exam in order to obtain an accident and sickness insurance license.
You have up to one year after successfully completing the CSI exam to sit for the corresponding provincial licensing exam. However, it is recommended that you sit for the corresponding licensing exam soon after successful completion of the course, as your knowledge and understanding of the subject matter will be fresh and current.
|EXAM STRUCTURE (Insurance Ethics and Professional Practice Module
(weightings are approximate)
|Accident and Sickness Module|
|Assess the client’s needs and situation||35%|
|Analyze the available products that meet the client’s needs||30%|
|Implement a recommendation adapted to the client’s needs and situation||25%|
|Provide customer service during the validity period of the coverage||10%|
|Ethics and Professional Practice Module (For All Provinces & Territories except Quebec)|
|Integrate into practice the legal aspects of insurance and annuity contracts||60%|
|Integrate into practice the rules governing the activities of life insurance agents||40%|
|Ethics and Professional Practice Module (Quebec only )|
|Understand the legal framework governing insurance of persons||20%|
|Integrate into practice the legal aspects of insurance and annuity contracts||40%|
|Integrate into practice the rules governing the activities of representatives in insurance of persons||40%|
|Exam||1 per module|
90 Minutes for Accident and Sickness
|Question Format||Multiple Choice|
|Questions Per Exam||
50 questions for Accident and Sickness
|Attempts Allowed Per Exam||3 (per module)|
|Enrolment Period||1 year†|
|COURSE COMPLETION NOTICE|
Continuing Education (CE) Credits
Continuing education information on this new course will be available for publication in September once all applications have been submitted and approved by the organizations that oversee continuing education.