Canadian Accredited Insurance Broker (CAIB2/CAIB3/CAIB4) Course
Move beyond Level 1. Master the CAIB 2 and CAIB 3 content for Level 2 licensing, and prepare for CAIB 4 to pursue Level 3. Instructor-led classes, targeted study plans, and full-length mock exams.
CAIB2/CAIB3/CAIB4 Exam Preparation Course
Already licensed at General Insurance Level 1? This in-person program helps you prepare for CAIB 2, CAIB 3, and CAIB 4 with focused instruction, problem sets, and exam simulations. You’ll review personal and commercial lines at an advanced level, policy wording analysis, risk and underwriting, complex claims scenarios, brokerage operations, leadership, and regulatory responsibilities. Each stream includes practice questions, case discussions, and strategies to approach higher-difficulty items on exam day.
You must pass the CAIB 2 &CAIB 3 exams to get Level 2 license. To get Level 3 license, you must pass the CAIB 4 license. At Lead Institute, we help you prepare for all these exams. With the guidance and assistance from our instructors, you will pass the exams with best scores.
Course Duration
4 Weeks
Course Fees
$NA
Licensing Body
Regulator: Insurance Council of British Columbia.
CAIB 2 and CAIB 3 are the recognized education pathway toward the Level 2 licence; CAIB 4 is the recognized education pathway toward the Level 3 licence (management level). Licensing decisions, eligibility, supervision rules, and application timelines are set by the Insurance Council of BC; additional steps and fees apply after exams.
Requirements for Advanced CAIB Licenses
- RFor Level 2: hold a valid Level 1 licence and pass CAIB 2 and CAIB 3 (or recognized equivalents); meet Council suitability requirements; apply with agency sponsorship.
- RFor Level 3: meet Council requirements for the management level, pass CAIB 4 (or recognized equivalent), and complete any experience/role prerequisites established by the Council; submit a complete application with a qualifying brokerage.
- RAge, reputation, and background checks: you must meet the regulator’s suitability standards.
- RAuthorization to Work in Canada
- RTimelines and documentation: submit applications, fees, and supporting documents within the Council’s current timelines.
EXAM CRITERIA / INFORMATION
- RCAIB 2 (Commercial Insurance fundamentals): commercial property/liability, commercial auto context, risk evaluation, underwriting, business interruption, crime, boiler & machinery, marine overview, policy wording analysis.
- RCAIB 3 (Commercial specialization & brokerage practice): advanced commercial packages, CGL and endorsements, specialty risks, surety basics, risk management, sales and service workflows, E&O prevention, regulatory responsibilities.
- RPractice & support: structured study plans, calculation and wording drills, scenario questions, weekly checkpoints, and a proctored mock exam for each level.
- RExam Steps: candidates register directly with the designated provider; separate exam fees apply; valid government ID required. Results release and rewrite rules follow the provider’s current policy.
CAREER OUTCOME
- IAfter CAIB 2 + 3 (Level 2 licensing pathway): Personal or Commercial Lines Advisor, Commercial CSR/Marketer, Team Lead (with employer experience), Inside Sales.
- IAfter CAIB 4 (Level 3 pathway): Brokerage management and supervisory roles, Branch Manager/Designated roles as permitted by the regulator and employer.
Typical employers: independent brokerages, multi-branch agencies, commercial specialty firms, and corporate broker networks.
FAQs
Do I need to complete CAIB in order?
Most candidates complete CAIB 2 and CAIB 3 for Level 2, then CAIB 4 for management-level licensing. Your employer may recommend an order based on your role.
How hard are the CAIB exams compared with FOI or CAIB 1?
CAIB 2/3/4 go deeper into commercial risks, wording analysis, and brokerage operations. Expect more complex scenarios and management topics.
Can I take only one level now and another later?
Yes. You can register for CAIB 2, CAIB 3, or CAIB 4 separately based on your licensing goals and work schedule.
Will this course cover BC-specific regulatory issues?
Yes. We emphasize BC context for licensing, supervision, and practice standards alongside national CAIB content.
What happens if I don’t pass on the first attempt?
You can typically rebook after the provider’s waiting period and fee. We’ll help you target weak areas with a revised study plan.