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To prepare yourself for success in the OTL exam, we recommend you familiarize yourself with the materials in the kit. The cost of the exam is $126 (+hst) and an additional virtual proctoring fee of $50 (+hst) subject to change. Please email this completed form to otlexam@insuranceinstitute.ca.
Passing the Other Than Life (OTL) Agents Exam is a requirement to become licensed as a general insurance agent in Ontario. The general insurance agent licence is regulated by the Financial Services Regulatory Authority (FSRA). The OTL Agents Exam is coordinated through the Insurance Institute of Ontario. Ontario: Other Than Life (OTL) Agents Exam - Insurance Institute of Canada insuranceinstitute.ca Agent-OTL-Licence insuranceinstitute.ca Agent-OTL-Licence
Requirements: Be sponsored by a licensed insurer. Complete the OTL Agents Exam (or you have a CIP designation in good standing or passed the equivalent RIBO exam). Have an Ontario mailing address that can receive registered mail (e.g., no postal boxes).
The Financial Services Regulatory Authority of Ontario (FSRA) regulates and licenses all insurance agents in Ontario.
Insurance agents who want to sell property and casualty insurance, including auto insurance, in Ontario must apply for a general agent licence with the Financial Services Regulatory Authority of Ontario (FSRA). Note that general insurance is sometimes referred to as Other Than Life (OTL) insurance in Ontario. Apply for a general insurance agent licence - FSRA fsrao.ca licensing apply-general-insuranc fsrao.ca licensing apply-general-insuranc
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People also ask

What is the difference between the OTL the RIBO license? Both the RIBO (Registered Insurance Brokers of Ontario) and OTL (Other Than Life) license allow you to sell home and auto insurance, however the OTL qualifies you to be an Insurance Agent while the RIBO license qualifies you to be an Insurance Broker.

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