Insurance Licensing in Canada


The Insurance Institutes, at both the national and local level, work closely with provincial and territorial regulators to align our education options to help you obtain your licence - regardless of where you live and what career path you follow. 


In order to understand the licensing requirements for careers in insurance, it’s useful to know a few basic facts about how insurance is regulated in Canada. Insurance is regulated at both the federal and provincial level in this country. The federal regulator is called the
Office of the Superintendent of Financial Institutions Canada (OSFI). This level of regulation is primarily focused on ensuring the financial stability of insurance companies. The federal regulations do not deal directly with licensing of individuals, however, as this is handled at the provincial level. Each province and territory has its own insurance regulator. These regulators determine which insurance roles require a licence. Licence requirements for individuals typically include a course or a program of study followed by one or more examinations. The examinations may be offered by an education organization and/or the regulator depending on the local regulations.

  • Link to Licensing for brokers and agents page
  • Links to Independent adjusters page
  • Link to life licensing page
    Life Licensing
  • Links to provincial regulators page
    Provincial Regulators

INSURANCE LICENSING EDUCATION OPTIONS

In general, insurance licences are required for three categories of insurance roles: general insurance agents and brokers independent adjusters  and life insurance agents and brokers. The Insurance Institutes, at both the national and local level, work closely with provincial and territorial regulators to align our education options to help you obtain your licence regardless of where you live and what career path you follow. These provincial variations can make understanding licensing somewhat complicated. We want to help you navigate this complexity with information and resources about this important requirement of many insurance careers. In addition to our information, you will benefit from visiting the website of the provincial insurance regulator  where you live.

If you are already employed in the insurance industry, your employer should also be able to provide you information about licensing requirements. You should also be aware that if you provide insurance services in a licensed role to customers in a province other than where you work, your employer will need to ensure that you are licensed for the province where you are serving customers.