A&S Continuing Education
1. Number of Hours Required:
For each licence year, or portion thereof, commencing with licence year 01JUN2008 through 31MAY2009:
*Approved Designations: CFP, CLU, RHU, FCIA, FLMI and CEBS. Designations from other countries will be considered where it is demonstrated to Council they are equivalent to one of the approved Canadian designations.
NOTE: Some designations (CLU, FCIA and CFP) require the holder to keep the designation in good standing by completing continuing education each year. If you hold such a designation and can demonstrate to Council your designation is in good standing, you are “exempt” from Council’s continuing education requirements.
Only technical material will qualify for continuing education. Technical
education directly relates to:
3. Council Rules Course:
All licensees who obtain their insurance licence in British Columbia on or after March 1, 2016 must successfully complete the Council Rules Course before their first annual filing. The Council Rules Course is available from Advocis. This requirement applies to both resident and non-resident licensees. Failure to successfully complete the Council Rules Course will result in a licensee not being in compliance with Council's continuing education requirements and the licensee will not be eligible to make his or her first annual filing. For more details on this requirement read Council Notice ICN 16-001 at Publications, then select Notices.
For Council Rules Course details or to register, go to:
Advocis – Council Rules Course or call 1-877-773-6765.
The education must take place in a structure dedicated to learning. Day-to-day business or professional reading does not qualify. However, a separate training meeting for the purposes of reviewing the details of a specific product line may qualify, but regular staff meetings that cover a myriad of topics do not.
The facilitator is expected to be fully qualified. You can usually verify this through course or promotional materials.
One hour of instruction is equal to one hour of continuing education credit, subject to a one hour minimum. Breaks are excluded and you must attend the complete course or seminar. In addition:
7. Carry Forward
Commencing 01JUN2008, excess credits cannot be carried over into the next licence period.