BrokerExamPublications
Guides
Reference pages on how the exam and its rules work, newest first.
- Can a RIBO broker have a second job?
O. Reg. 991 allows only broking and life agency unless RIBO's QR Committee exempts another job. RIBO-005 lists jobs approved, needing review or not allowed.
- Passed RIBO Level 1: the steps to your licence
A pass is not a licence. RIBO asks for a brokerage job, a criminal record check under 60 days old and an employment letter dated within 10 days of applying.
- RIBO or LLQP: which licence do you need?
One line in the RIB Act draws the boundary: a RIBO licence covers general insurance and stops short of life. What that means if you want one, or both.
- How to book the RIBO Level 1 exam
You register with one of two exam providers, not with RIBO. What its exam page and Exam Rules set out, and what they leave to the provider.
- OTL to RIBO: what the equivalency exam is
You hold an FSRA Other-Than-Life licence and want to work at a RIBO brokerage. RIBO's equivalency route asks you for one exam, not the Level 1 exam.
- What the RIBO Level 1 exam and licence cost
Exam: $325 an attempt since January 1, 2026. RIBO licence: $240 for October 1, 2025 to September 30, 2026; $265 for October 1, 2026 to September 30, 2027.
- RIBO Level 1 prep courses: what each one publishes
RIBO names two organizations with Level 1 courses and compares neither. What IBAO and the Insurance Institute publish on format, length and price.
- How the RIBO Level 1 exam is built
100 graded multiple-choice questions plus 15 pilots, so 115 in the room in three hours, weighted three ways by RIBO's blueprint.
- How hard is the RIBO Level 1 exam?
RIBO's 2024/2025 Annual Report puts the Level 1 pass rate at 51%, blended with the equivalency exams. What that covers, and how to plan study time.
- RIBO Level 1 exam pass rate, year by year
RIBO has printed 51% in three annual reports running. What each figure counts, and why the last Level 1 only rate RIBO published was 46%.