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OTL EXAMINATIONS. The OTL exam fee is $225 plus HST (for each time you write) and must be paid for at time of registration.
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.
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).
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.
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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You need to renew your Ontario general insurance agent license every 2 years within 60 days prior to the expiry date. License renewals are done online via FSCO's Licensing Link and the process is initiated by your employer.
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).
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.
Those wishing to sell life insurance products in Canada must complete and pass the Harmonized Life License Qualification Program (LLQP), a national exam implemented across Canada, including Quebec.
OTL Exam Breakdown The OTL is a closed book exam containing 100 multiple choice questions to be answered within the 2 hour time limit. Students need a 75% to pass.

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