LLQP (Life Licence Qualification Program) exam prerequisites, course information, and other life insurance licence qualifications and requirements for individuals, partnerships, or corporations in BC.
Council makes every effort to keep the LLQP information regularly updated. Please check back often.
Council is here to help. Your insurance licensee resources include compliance information such as licensee responsibilities; council rules; continuing education; disciplinary decisions and process; and other useful information for licensed individuals, partnerships, or corporations in BC.
Council makes every effort to keep insurance licensee resources regularly updated. Please check back often.
Before considering a career as an insurance agent, salesperson or adjuster, individuals looking to become licensed in British Columbia should be aware that they will need to meet the requirements of Insurance Council Rule 3(2), which sets out criteria for suitability to hold a licence.
The requirements consider the applicant’s financial reliability, whether they have had any previous criminal convictions or charges, or been subject to disciplinary action or licence refusal.
Before submitting a licence application, please review the information below. The application process for most licence types requires the completion of a criminal record check, as well as the disclosure of information as noted below.
Applicants must obtain a criminal record check and disclose all convictions and pending criminal charges, including where an absolute or conditional discharge has been granted. (See below for more information)
Discharged offences: Where the applicant has committed an offence for which a discharge has been granted, and the offence is considered relevant, the Insurance Council may review the circumstances in assessing the applicant’s suitability.
Outstanding criminal charges: The Insurance Council will not consider first time applicants charged with a relevant offence, until the charge has been dismissed. If convicted, the applicant will then be subject to the Insurance Council’s guidelines regarding convictions.
Disciplinary actions: Applicants must disclose any disciplinary actions taken or proceedings commenced against them by any financial services regulator (insurance or otherwise), or any professional or occupational body, in any jurisdiction.
Licence refusals: Applicants must also disclose previous refusals of licences or registrations by any financial services regulator (insurance or otherwise), or any professional or occupational body, in any jurisdiction.
The completion of a criminal record check is required for all licence applications except:
Canadian non-residents who are licensed and in good standing in their home jurisdiction; or
Criminal record checks must accompany applications for licensing, where the applicant:
Has never previously held a general, life, accident and sickness, or adjuster licence with the Insurance Council of BC; or
Applicants who have resided in Canada for less than five years must obtain/provide a criminal record check from the country they have previously resided in, in addition to a local Canadian criminal record check. The international background check result can be submittied via email to email@example.com.
Applicants are responsible for arranging for their own criminal record check and any associated fees. Criminal record checks provided to the Insurance Council must be dated within 90 days of the date the Insurance Council receives the licence application.
In addition to providing a criminal record check, applicants must still disclose their criminal record and details on their licence application form, if applicable.
3 (2) If an applicant satisfies Council that the applicant:
a) has met all of the requirements set out in the Financial Institutions Act and Council Rules;
b) is trustworthy, competent and financially reliable;
c) intends to publicly carry on business as an insurance agent, salesperson or adjuster in good faith and in accordance with the usual practice of the business of insurance;
d) has not in any jurisdiction:
i) been refused, or had suspended or cancelled, an insurance licence or registration;
ii) been convicted of an offence; or
iii) been refused or had suspended or cancelled a licence or registration in any other financial services sector or professional field;
for a reason that reveals the applicant unfit to be an insurance agent, salesperson or adjuster; and
e) does not hold other business interests or activities which would be in conflict to the duties and responsibilities of a licensee, or give rise to the reasonable possiblility of undue influence then the Council may consent to issuing a licence.