Life License(s)
BC – Insurance Council of British Columbia (ICBC)
Applies to: All Life and/or Accident & Sickness Insurance Agents
Renewal Date: Annually on May 31st
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable CE Credits | Conditions / Restrictions |
Total | 15 | No restriction | 15 | Yes |
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Alberta – Alberta Insurance Council (AIC)
Applies to: All Life and Accident & Sickness Insurance Agents
Renewal Date: Annually on June 30th
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable CE Credits | Conditions / Restrictions |
Life | 15 | No restriction | 7.5 | Must be AIC Accredited. | Only applies if you hold an AIC Life License |
A&S | 15 | No restriction | 7.5 | Must be AIC Accredited. | Must be AIC Accredited. Only applies if you hold an AIC A&S License |
NOTE: If you hold both Life and A&S Licenses, then you must complete both categories.
Saskatchewan – Insurance Councils of Saskatchewan (ICS)
Applies to: All Life and Accident & Sickness Insurance Agents
Renewal Date: Annually on License Date
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable CE Credits | Conditions / Restrictions |
Total (Ins & FP) | 15 | 8 | 0 | ACP* |
|
Life or A&S Insurance | Up to 15 | 8 | 0 | ACP* |
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Financial Planning | Up to 15 | 8 | 0 | ACP* | Maximum of 5 Non-Insurance credits (Securities / Mutual Funds) |
PLUS: Ethics (every 5 years) | 3 |
| 0 | ACP* |
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* ACP = Accredited Course provider. All courses must be obtained through an Accredited Course Provider.
Manitoba – Insurance Council of Manitoba (ICM)
Applies to: All Life and/or Accident & Sickness Insurance Agents
Renewal Date: Annually on May 31st
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable CE Credits | Conditions / Restrictions |
Total | 15 | 8 | 0 | Must be ICM Accredited. |
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Life Insurance | Up to 15 | 8 | 0 | Must be ICM Accredited. |
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A&S Insurance | Up to 15 | 8 | 0 | Must be ICM Accredited. |
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Segregated Funds | Up to 5 | 5 | 0 | Must be ICM Accredited. |
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Allowable Content: Ethics, errors and omissions coverage and compliance with insurance related legislation and regulatory requirements both Provincial (Manitoba) and Federal (e.g. Code of Conduct, the Insurance Act, Rules and Regulations, Privacy legislation, anti-terrorism or money laundering legislation, and replacement requirements) |
Excluded Content: Programs based on sales production, promotion, motivation, computer training, and any education not related to products or activity for which the licence is held. |
Ontario – Financial Services Regulatory Authority of Ontario (FSRA) - formerly Financial Services Commission of Ontario (FSCO)
Applies to: All Life and Accident & Sickness Insurance Agents
Renewal Date: 2 years from license date
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable CE Credits | Conditions / Restrictions |
Total | 30 | 8 | 0 | Yes |
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Content must be directly related to knowledge relevant to giving advice about financial products or services, or the operation of a financial services business
Quebec – Chambre de Sécurité Financière (CSF)
Applies to: All Insurance Agents depending on which Licenses are held
Renewal Date: 2 Years on November 30th (of every odd year)
In Quebec (CE) is referred to as PDU (Professional Development Units); The advisor needs to be able to select which of the areas that they require PDUs for. These areas are marked with an "X". The more areas selected, the more MIN / MAX credits they need to earn. |
Category | CE Credits Required | Maximum per day | Carryover to Next Year | Verifiable PDUs | Conditions / Restrictions |
Total | Up to 60 | 8 | Up to 5 PDUs only if earned in the last 3 months of a reference period | ** CSF Approved |
|
General | 10 | 8 |
| ** CSF Approved | Applies to every license holder |
Compliance with Standards, Ethics, and Business Conduct | 10 | 8 | Excess goes to General in current reference period | ** CSF Approved | Applies to every license holder |
* Insurance of Persons | 10 | 8 | Excess goes to General in current reference period | ** CSF Approved |
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* Group Insurance of Persons | 10 | 8 | Excess goes to General in current reference period | ** CSF Approved |
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* Group Savings Plan Brokerage | 10 | 8 | Excess goes to General in current reference period | ** CSF Approved |
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* Scholarship Plan Brokerage | 10 | 8 | Excess goes to General in current reference period | ** CSF Approved |
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* Each advisor may have a combination of the 4 types of Licenses lists. An additional 10 PDUs are required for each License type, and those PDUs must be accredited by CSF for that License
** Through the Canada Wide Agreement form, Advisors can request CSF to recognize CE Credits earned through non-CSF accredited events.
NOTE: Newfoundland & Labrador | New Brunswick | Nova Scotia | Prince Edward Island | Northwest Territories and Yukon Territories do not require CE Credits.
Tag: Annual Requirements, CE Requirements
