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How much does it cost to write OTL exam?

OTL EXAMINATIONS. The OTL exam fee is $225 plus HST (for each time you write) and must be paid for at time of registration.

What is OTL testing?

Passing the Other Than Life (OTL) Agent's 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 Agent's Exam is coordinated through the Insurance Institute of Ontario.

What does OTL stand for in insurance?

Insurance Agent - Other Than Life (OTL) Agent's Exam in Ontario. Passing the Other Than Life (OTL) Agent's 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).

What is other than life?

According to the Financial Services Regulatory Authority of Ontario (FSRA), an Other Than Life license is a license to practice as a general insurance agent in Ontario. As the name implies, this allows you to act as an insurance agent selling all types of insurance other than life insurance style products.

How do I become an insurance agent in Toronto?

Becoming a Licensed General Insurance Agent Complete a General Insurance Agent application, provide applicable supporting documents and pay the required fee of $150.00. ... Be familiar with the laws of Ontario relating to the licensing of general insurance agents. Be sponsored by a licensed insurer.

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