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Fundamentals of Insurance

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Unlock the door to your professional career with the Fundamentals of Insurance, an approved licensing course designed for those with little or no experience in the insurance industry. You will learn the basic principles and practices of general lines insurance and the responsibilities of those persons involved in the business.

Participants learn to assist clients by identifying the risks involved, determining their insurance needs, selecting the appropriate forms and arranging coverage. The text is available in both English and French. The exam is available in both English and French, as well.

Topics include:

  • Introduction to General Insurance
  • Insurance Contracts
  • The Role of Government in the Insurance Industry
  • The Insurance Process
  • Common Characteristics of Property Insurance Policies
  • Personal Property Insurance
  • Principles of Legal Liability
  • Introduction to Automobile Insurance

Method of Study: Self-study
Cost: IBANB Members: $325+HST, Non-members: $375+HST

Before registering:

  • Marks will not be released until payment is received by our office.
  • Please note that your exam results will be posted to this website under your profile, and no longer will be mailed.
  • ALL exams will be written in Fredericton, NB.

If you have purchased a textbook prior to IBANB taking over the administration of this exam, please complete the registration form as is and contact the IBANB office at 506-450-2898 or email us.