Study with RIBO-Level-1 Actual Test Questions

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Updated: Aug 19, 2026

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IIC RIBO-Level-1 Exam Overview:

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
Available Languages:English
Certificate Validity Period:Annual renewal required
Related Certifications:RIBO Level 2 Technical/Commercial Broker License
RIBO Level 3 Management Broker License
Exam Format:Multiple-choice questions
Real Exam Qty:100 scored + 15 unscored pilot questions
Exam Price:300 USD / CAD 300
Exam Duration:180 minutes
Passing Score:75% (75/100)
Recommended Training:RIBO Official Study Materials & Exam Blueprint
Insurance Institute of Canada Preparation Courses
Exam Registration:Insurance Institute of Canada (IIC)
Insurance Brokers Association of Ontario (IBAO)
Sample Questions:IIC RIBO-Level-1 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/

IIC RIBO-Level-1 Exam Syllabus Topics:

TopicDetails
Topic 1
  • General Insurance and Industry Knowledge: Covers the fundamentals of insurance principles, policy structure, regulatory environment, and the roles of key stakeholders within the insurance industry.
Topic 2
  • Personal Lines Habitational: Focuses on residential insurance including property coverage, risks, policy types, and protection for homeowners, tenants, and dwellings.
Topic 3
  • Personal Lines Automobile: Explains automobile insurance basics such as coverage types, accident benefits, liability, and policy regulations for personal vehicles.
Topic 4
  • Travel Health: Deals with travel medical insurance, including coverage for emergencies, eligibility, exclusions, and policy conditions for travelers.
Topic 5
  • Commercial Lines: Covers insurance solutions for businesses, including property, liability, and risk management tailored to commercial operations.

Reference: https://www.ribo.com/getting-a-license/individual-licenses/new-applicants/examinations/level-1-entry-level-broker-exam/

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