How Do I Become An Insurance Agent / Broker?
Image
The minimum education requirement for an insurance agent is a high school diploma. However, a bachelor’s degree or college courses/diploma in finance/accounting, economics, mathematics, statistics or business law is usually required.
On-the-job training and insurance industry courses are also mandatory.
Licensing as an Insurance Agent / Broker
Licensing as an Insurance Agent / Broker
In BC, you must obtain a license through the Insurance Council of British Columbia to act as an insurance agent or insurance salesperson.
Licenses are available in these five classes:
- general insurance
- life insurance
- insurance adjusting
- accident & sickness
- travel insurance
Within each of the five classes there are licenses covering specific roles, e.g. in ‘general insurance’ class, some of the available licenses are:
- general insurance salesperson, level 1 (entry level license)
- general insurance agent, levels 2 & 3
- general insurance sole proprietor
In order to obtain any license in any class, you must complete:
- criminal record check
- the required education/courses for each class and level of license