licensing in Alberta Flashcards
The four types of licenses are:
- general
- life
- Accident and sickness
- restricted classes
True or False:
In order to apply for a certificate, new applicants must obtain a police check.
True
Continuing education is a mandatory requirement. A minimum of __ hours of approved courses per year per certificate is a must
15
The passing grade for AIC exam is: __%
70%
As a Level 1 Broker, this person’s duties would include to work in a support role for a _____ __ and _____ _ brokers in the office
Level 2 and 3
If you have more than 15 hours of approved courses at the end of the term, you may carry over _____ hours only
7.5
New applicants must obtain a _______ form a licensed business or, if they are an employee of an insurer, from the insurer
Sponsor
Certificates are renewed on _____ __ each year and it is the responsibility of each agent to ensure that its renewal
June 30th
Level __ broker: this person would work as a producer of new business and manage existing business. This person would work without supervision
2
A level 3 Broker may act in the capacity of a _______ or ________ of a brokerage firm and must have worked in a brokerage or agency for __ months
manager, operator, 24