Saskatchewan - Apply for Insurance Broker License

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Procedure

Apply Online

1. To Apply for Insurance Broker License, the applicant has to make the application online via link
2. If the applicant is a new user, the applicant has to click the “Register an Account”
3. Enter all the details and click the “Register” button.
4. Click the “Back to login” button.
5. Enter the user name and password and then click the “Login” button.
6. The applicant has to select the type of application form.
7. Enter all the details in the application form.
8. Also, upload all the necessary documents that are mentioned in the “Required Documents” section of this page.
9. Pay the prescribed fee in online mode.
10. After completing all the details click the “Submit” button.
11. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
12. The regulatory body will conduct a background check, which may include a review of the applicant’s criminal record and any past disciplinary actions.
13. Then the application will be processed further. All the updates on the application status will be sent via SMS to the applicant’s mobile number.
14. Once the process gets completed, the applicant gets a call from the office regarding the application.
15. If the application is approved, the applicant will receive his/her insurance broker license. The applicant may need to pay additional registration and licensing fees at this stage.
16. This entire process can be completed within 15 - 20 days or as per the timeline advised by the respective department authority.

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Required Documents

• Application form
• ID proof (Birth Certificate, national Identity card, etc)
• Address proof – (Driving license, passbook, utility bill, etc)
• Fee receipt
• Criminal record check
• Proof of insurance coverage
• Educational transcripts
• Employment verification
• Any other documents (If required)

Office Locations & Contacts

Insurance Council
310, 2631 – 28th Avenue
Regina SK Canada S4S 6X3
Phone (306) 347-0862
Fax (306) 347-0525
E-mail [email protected]
Contact link

Eligibility

The requirements for becoming an insurance broker in Canada vary by province or territory.

• Be at least 18 years old.
• Be a Canadian citizen or permanent resident.
• Have a high school diploma or equivalent.
• Complete the required education and training.
• Pass the licensing exam.

Fees

• The applicant has to pay the prescribed fee as requested by the authority.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 15 - 20 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name of the applicant
• Address of the applicant
• Age
• Plan
• Email ID
• Mobile number
• Fax
• Education details
• Mailing address
• Nationality
• Declaration
• Date
• Signature

Need for the Document

• An Insurance Broker License in Canada is a credential that allows individuals or businesses to operate as insurance brokers in a specific province or territory.
• Insurance brokers act as intermediaries between insurance companies and clients, helping clients find suitable insurance coverage based on their needs and providing guidance throughout the insurance purchasing process.

Information which might help

• For more information link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

• The licensing exam for insurance brokers is administered by the provincial or territorial insurance regulator. The exam covers a wide range of topics, including insurance law, regulations, and products. Applicants must pass the exam with a passing grade in order to obtain a license.