RIBO Level 1 Course (Ontario)

Get Licensed Faster with Brokers Academy

Pass the Ontario RIBO Level 1 Exam with Confidence — Start Free for 7 Days

  • 7-Day Free Trial
  • Full Exam Prep Included
  • 100% Online & Self-Paced
  • Only $199 CAD

Trusted by aspiring insurance professionals across Ontario

Enroll Now

Trusted by aspiring insurance professionals across Ontario

Why Choose Brokers Academy?

Get the comprehensive training you need to pass your RIBO Level 1 exam and start your career in insurance. Our proven program combines expert instruction with flexible learning to fit your busy schedule.

Average insurance brokers in Ontario earn $83,735/year

Source: SalaryExpert

Who This Course Is For

First-time insurance students

Perfect for those starting their insurance career journey

Career switchers

Ideal for professionals transitioning into insurance

Recent graduates

Great foundation for new grads entering the workforce

New to Ontario insurance industry

Comprehensive coverage of Ontario-specific regulations

Brokers Academy Advantage

Learn at your own pace

Study whenever and wherever suits you best

Exam-focused content

Material specifically designed to help you pass

Beginner-friendly

No prior insurance knowledge required

Fully online

Access from any device, anywhere in Ontario

Affordable & risk-free

7-day free trial with no commitment

How It Works

1 Sign up and start free trial
2 Access all course materials
3 Study at your own pace
4 Prepare confidently
5 Write exam and move forward

Student Testimonials

"The course was incredibly well-structured and easy to follow. I passed my RIBO Level 1 exam on the first try!"

Sarah Chen – Toronto

"As someone switching careers, this course gave me the confidence I needed. The self-paced format was perfect for my busy schedule."

Michael Thompson – Ottawa

"Excellent value for money! The exam-focused content helped me study efficiently and pass with flying colors."

Jessica Patel – Mississauga

Course Curriculum

  • Day 1 Overview
  • 1.1 Introduction to Risk and Insurance
  • 1.1 Quiz
  • 1.2 Insurance Categories and Functions
  • 1.2 Quiz
  • 1.3 Insurance Providers and Their Roles
  • 1.3 Quiz
  • 1.4 The Role of Intermediaries in Insurance
  • 1.4 Quiz
  • 1.5 Requirements and Principles of Insurance Contracts
  • 1.5 Quiz
  • 1.6 Key Insurance Documents
  • 1.6 Quiz
  • Day 1 Test (Lessons 1.1–1.6)
  • Day 2 Overview
  • Lesson 2.1: Underwriting and Rating
  • 2.1 Quiz
  • Lesson 2.2: Claims Process
  • 2.2 Quiz
  • Lesson 2.3: Ethics and Professionalism in Insurance
  • 2.3 Quiz
  • Lesson 2.4: Regulatory Framework
  • 2.4 Quiz
  • Day 2 Test (2.1–2.4)
  • Day 3 Overview
  • Lesson 3.1: Introduction to Personal Property Insurance
  • 3.1 Quiz
  • Lesson 3.2: Evolution of Property Insurance & Fire Risk Classification
  • 3.2 Quiz
  • Lesson 3.3: Homeowners Policy – Section I: Property Coverage
  • 3.3 Quiz
  • Lesson 3.4: Perils, Exclusions, and Extensions of Coverage
  • 3.4 Quiz
  • Lesson 3.5: Optional Home Insurance Coverages & Endorsements
  • 3.5 Quiz
  • Lesson 3.6: Special Risks & Liability Coverage in Homeowners Insurance
  • 3.6 Quiz
  • Day 3 Test (3.1–3.6)
    • Day 4 Overview
    • Lesson 4.1: Business Property Exposures and Insurance
    • 4.1 Quiz
    • Lesson 4.2: Business Interruption Insurance (BI)
    • 4.2 Quiz
    • Lesson 4.3: Crime and Cyber Risk Insurance
    • 4.3 Quiz
    • Lesson 4.4: Liability Insurance for Businesses
    • 4.4 Quiz
    • Lesson 4.5: Commercial General Liability (CGL) Policy
    • 4.5 Quiz
    • Lesson 4.6: Umbrella and Excess Liability Insurance
  • Midterm Test: Day 1–4
  • Day 5 Overview
  • Lesson 5.1: Introduction to Ontario Automobile Insurance
  • 5.1 Quiz
  • Lesson 5.2: Application Process for Auto Insurance
  • 5.2 Quiz
  • Lesson 5.3: Third-Party Liability Coverage
  • 5.3 Quiz
  • Lesson 5.4: Statutory Accident Benefits (SABS)
  • 5.4 Quiz
  • Lesson 5.5: Uninsured and Underinsured Motorist Coverage
  • 5.5 Quiz
  • Lesson 5.6: General Exclusions in Auto Insurance
  • 5.6 Quiz
  • Day 5 Test (5.1–5.6)
  • Day 6 Overview
  • Lesson 6.1: Direct Compensation – Property Damage (DCPD) & No-Fault System
  • 6.1 Quiz
  • Lesson 6.2: Loss or Damage Coverages (Own Damage Coverage)
  • 6.2 Quiz
  • Lesson 6.3: Ontario Auto Statutory Conditions
  • 6.3 Quiz
  • Lesson 6.4: Auto Insurance Endorsements (OPCF)
  • 6.4 Quiz
  • Lesson 6.5: Consumer Protection in Ontario Auto Insurance
  • 6.5 Quiz
  • Day 6 Test (6.1–6.5)
  • Day 7 Overview
  • Lesson 7.1: Introduction to RIBO & The Registered Insurance Brokers Act
  • 7.1 Quiz
  • Lesson 7.2: RIBO Licensing & Registration Requirements
  • 7.2 Quiz
  • Lesson 7.3: RIBO Code of Conduct & Misconduct
  • 7.3 Quiz
  • Lesson 7.4: Travel Insurance – Purpose & Regulation
  • 7.4 Quiz
  • Lesson 7.5: Types of Travel Insurance Policies
  • 7.5 Quiz
  • Lesson 7.6: Exclusions & Limitations in Travel Insurance
  • 7.6 Quiz
  • Lesson 7.7: Claims Process for Travel Insurance
  • 7.7 Quiz
  • Day 7 Test (7.1–7.7)
    • Day 8 Overview
    • Lesson 8.1: What is Coinsurance?
    • 8.1 Quiz
    • Lesson 8.2: Coinsurance Formula & Claim Calculation
    • 8.2 Quiz
    • Lesson 8.3: Coinsurance in Homeowners vs. Commercial Policies
    • 8.3 Quiz
    • Lesson 8.4: Avoiding Coinsurance Penalties
    • 8.4 Quiz
    • Day 8 Test (8.1–8.4)
    • Mock Exam 1
    • Mock Exam 2
    • Mock Exam 3

What's Included

  • Complete RIBO Level 1 curriculum coverage
  • Practice quizzes and exam simulations
  • Access to course updates and improvements
  • 24/7 online access to all materials
  • Progress tracking and performance analytics
  • Video lessons and written materials
  • Study guides and cheat sheets
  • 7-day money-back guarantee
  • Mobile-friendly learning platform
  • Downloadable resources and templates

RIBO Level 1 Course

$199

CAD

Start with a 7-day free trial

Enroll Now

Frequently Asked Questions

What's included in your course fees?

Each course comes with a simplified note package, lectures, practice questions/exams, and support from our course tutor team. Please refer to the specific course description pages to learn more. For relevant courses, it also includes certification to write the provincial licensing exam.

Because working in insurance requires a license, most people don’t have any insurance background when they join, so you’re on an even playing field. That is the great thing about this certification – there are no real prerequisites to be eligible. What matters is that you have the drive and motivation to get into this industry. We will teach you everything you need to know to start in this secure and high-paying career path.

The possible jobs and compensation are limitless as you can earn a combination of salary, commissions, and bonuses and the job security is unparalleled. If you prefer a more stable role, you can work as an account manager or in a back-office administrative role. If you like working with people or are more entrepreneurial, you can work in a sales role and even build your own book of business as an independent producer which you can sell later on. Eventually, you can start your own brokerage as well! No matter what you preferences or skillset is, there is a lucrative job for you in insurance.
As for salaries, here is what you can expect according to Salaryexpert.com & Ziprecruiter.com
Salaryexpert.com says that the average insurance broker in Canada earns $104,427/yr and the average insurance brokers in Ontario earn a salary of $83,735/yr.
According to Ziprecruiter.com, insurance brokers in Alberta earn an average salary of $82,609/yr.
As you can see, this is a pretty well-paying job!

One of our biggest advantages is that we provide you great resources to help you get licensed as quickly as possible. You can expect to pass your exam within 3-4 weeks in most cases.
Yes! Our programs are designed to make studying and passing easy for people exactly like you with busy lives. We support you with simplified and streamlined learning and support from our course tutors. Rather than spending hours trying to figure something out, just ask our tutors instead!
Most people consider the RIBO 1 exam the hardest because it requires 75% to pass while others only require 70%. But the Level 1 exams are all multiple-choice and designed to be manageable by anyone. The key will be in how you prepare.
One of the benefits of a career in insurance is that you don’t require a degree to get licensed! However, degrees in business, finance, risk management/insurance, or marketing could be beneficial.

An OTL is for insurance agents in Ontario. This license allows you to represent one insurer and sell their products. RIBO license is for insurance brokers in Ontario that present and sell products for multiple insurance companies. CAIB, while used for licensing in other provinces outside of ON & AB, is mostly cosmetic. A CAIB designation is earned by completing all 4 CAIB exams and signals to employers and customers that you are an expert broker with advanced training.

Yes, if you signed up for the wrong course by accident or end up moving provinces before you complete the program, we can switch your course enrollment. Fees may apply on a case-by-case basis, but reach out to us and we can get that started for you.
The right insurance course for you depends on what types of products you want to work with and what province you are in. [Click here] if you’re not sure which course is right for you.
Yes. We understand that the cost of this training may not be easily accessible for everyone. To support you, we’ve partnered with several leading Buy Now Pay Later (BNPL) brands to finance your course fees. We also have a scholarship program for recent graduates looking to break into the insurance industry.

Of course they are. We specialize in helping new people join this stable and financially lucrative industry and have built our courses specifically for beginners. We also have more advanced courses to upskill existing insurance professionals.

Yes, we have certification courses for almost all major provinces in Canada. If you hold an insurance license or certification in Canada, the same may also be recognized in other countries.

There are several advantages to taking online insurance courses:
Flexibility and convenience: Study anytime, anywhere that is convenient for you.
Cost-effective: Online courses are generally less expensive than in-person training and you save on commuting costs.
Accessibility: You can access all the learning content and interactive tools on demand on any internet-connected device. We also have an app and audio-only lectures for those that want to study on the go.

Yes. We have video lectures, quizzes, and interactive elements to encourage students to engage with the material and with our team of expert instructors.
Yes. You will have access to the materials for the entire enrolment period and an industry-leading 8+ months. Refer to your specific course page for more accurate details.
We help you pass your licensing exam on your first try with an exam-focused curriculum and practice questions focusing only on what you need to know to pass. Our video tutorials and notes explain key concepts, breaking down complex topics into simple language. Through active learning techniques, we keep you engaged and improve your understanding and retention of the material. Our expert team of instructors is always here to support you and answer questions when you need it most. Our app and web-based training ensures you can access the material any time anywhere.

Ready to Start Your Insurance Career?

Join hundreds of successful students who have launched their insurance careers with Brokers Academy. Start your free trial today and take the first step toward your RIBO Level 1 certification.

Enroll Now