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| Certification Vendor: | Registered Insurance Brokers of Ontario (RIBO), Insurance Institute of Canada (IIC) |
|---|---|
| Exam Name: | RIBO Level 1 Entry-Level Broker Exam |
| Exam Number: | RIBO-Level-1 |
| Certificate Validity Period: | Annual renewal required |
| Exam Duration: | 180 minutes |
| Passing Score: | 75% (75/100) |
| Available Languages: | English |
| Related Certifications: | RIBO Level 3 Management Broker License RIBO Level 2 Technical/Commercial Broker License |
| Exam Format: | Multiple-choice questions |
| Real Exam Qty: | 100 scored + 15 unscored pilot questions |
| Exam Price: | 300 USD / CAD 300 |
| Recommended Training: | Insurance Institute of Canada Preparation Courses RIBO Official Study Materials & Exam Blueprint |
| Exam Registration: | Insurance Institute of Canada (IIC) Insurance Brokers Association of Ontario (IBAO) |
| Sample Questions: | ![]() |
| Exam Way: | Online remote proctored or in-person at approved test centers |
| Pre Condition: | Minimum 18 years old; valid criminal record check; meet suitability requirements; no prior RIBO license required |
| Official Syllabus URL: | https://www.ribo.com/getting-a-license/individual-licenses/new-applicants/examinations/level-1-entry-level-broker-exam/ |
| Section | Weight | Objectives |
|---|---|---|
| Personal Lines Habitational | 25% | - Liability protection and risk assessment - Policy forms and endorsements - Homeowners, tenants and dwelling insurance - Property coverage types and exclusions |
| Personal Lines Automobile | 25% | - Optional coverages and policy variations - Accident benefits and liability rules - Automobile insurance legislation and mandatory coverages - Rating factors and underwriting basics |
| Travel Health Insurance | 5% | - Regulations specific to travel health products - Emergency medical and travel assistance coverage - Eligibility, exclusions and policy conditions |
| General Insurance and Industry Knowledge | 25% | - Policy structure, terms and conditions - Industry roles, structures and stakeholder responsibilities - Regulatory framework: RIB Act, Regulations, RIBO By-laws - Insurance principles and fundamentals |
| Commercial Lines | 20% | - Commercial property and liability insurance - Business risk analysis and coverage selection - Policy forms for small and medium enterprises |
IIC RIBO Level 1 Entry-Level Broker is an official Registered Insurance Brokers of Ontario (RIBO), Insurance Institute of Canada (IIC) certification exam, listed under the code RIBO-Level-1. Clearing it earns the RIBO Level 1 Entry-Level Broker License certification, a Entry-Level-level credential. It also ties into RIBO Level 2 Technical/Commercial Broker License, RIBO Level 3 Management Broker License, which makes it a useful anchor for a longer certification plan. For employers, the value is simple: the vendor itself has verified what you know.
You will work through 100 scored + 15 unscored pilot questions questions in 180 minutes on the IIC RIBO Level 1 Entry-Level Broker exam. The content is only half the battle; the clock is the other half. Train both at once: set the ValidDumps test engine to full timed mode, practice skipping and returning to stubborn items, and repeat until finishing with minutes to spare feels normal rather than lucky.
Passing IIC RIBO Level 1 Entry-Level Broker requires 75% (75/100), and the official registration fee is 300 USD / CAD 300. Remember that a retake bills the same 300 USD / CAD 300 all over again, so winging it is the most expensive strategy on the table. A better approach: benchmark yourself with the ValidDumps practice tests first, and schedule the real exam only once your scores sit comfortably and consistently above the requirement.
Minimum 18 years old; valid criminal record check; meet suitability requirements; no prior RIBO license required
Requirements do evolve, so before you spend a registration fee, verify the current conditions on the official exam page.
Registration for IIC RIBO Level 1 Entry-Level Broker is handled through the vendor's official channels below.
One more detail for your planning: the exam is delivered Online remote proctored or in-person at approved test centers.
Registered Insurance Brokers of Ontario (RIBO), Insurance Institute of Canada (IIC) recommends the following training resources for the IIC RIBO Level 1 Entry-Level Broker exam.
Training tells you what to learn; practice questions teach you how the exam asks it. Pair either with the 216 items in the ValidDumps RIBO-Level-1 package and you cover both halves.
Yes. The free demo on this page contains a portion of the complete IIC RIBO Level 1 Entry-Level Broker question set, enough to judge the accuracy and the clarity of the explanations for yourself. After purchase, updates are free for 365 days, and once your product expires you can extend the update service at a 50% discount.
ValidDumps provides a 100% money-back guarantee with clearly stated conditions. Take the IIC RIBO Level 1 Entry-Level Broker exam within 60 days of purchase; if you fail, you may claim a full refund, as long as the exam matches your product. Exams taken within 3 days of purchase are not eligible, and neither are products that were downloaded but never used, free materials, or expired orders; the candidate name must match the payer name. File the claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is processed within 7 days. If you would rather exchange than refund, you can receive two other exam products of equal value free of charge and keep the update service on your original purchase.
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The official IIC RIBO Level 1 Entry-Level Broker syllabus comprises 5 domains. The heaviest hitters are Commercial Lines (20%), Personal Lines Habitational (25%), and Personal Lines Automobile (25%). The complete outline sits above on this page; walk it top to bottom and mark every line you could not teach to someone else.
Question 1
A homeowner's policy provides "Personal Liability" coverage. How does this differ from "Premises Liability"?
A. Premises Liability is a mandatory auto coverage, while Personal Liability is optional for homeowners.
B. Personal Liability covers the insured's legal responsibility for their actions anywhere in the world, whereas Premises Liability only covers the specific location listed on the policy.
C. Personal Liability only covers family members, while Premises Liability covers guests and strangers.
D. There is no difference; the terms are used interchangeably in all insurance contracts.
Question 2
According to the Statutory Conditions of a Fire Policy, Statutory Condition 2 - Property of Others states that the insurer is NOT liable for property owned by others unless:
A. The owner of the property also has their own insurance.
B. The property is worth less than $500.
C. The property is located in the insured's backyard.
D. The interest of the insured in that property is specifically stated in the contract.
Question 3
Which is a typical habitational exclusion under a specified perils policy?
A. Fire.
B. Falling object.
C. Vacancy.
D. Electricity.
Question 4
After the July 1, 2026 auto reforms, which individuals will NOT have access to optional accident benefits under someone else's auto policy?
A. Pedestrians who are not covered by an auto insurance policy.
B. Spouses listed under the policy.
C. Drivers listed under the policy.
D. Dependant children listed under the policy.
Question 5
According to Ontario Regulation 991, Section 16, within how many banking days must a broker deposit trust money into a trust account after receiving it?
A. 3 banking days.
B. 5 business days.
C. Immediately.
D. 30 days.
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: A |
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