Thank You for having me on this board.

I have recd an immigrant visa for Canada, will be shifting in May / June to Vancouver (BC).

I intend to start afresh over there as an Insurance Agent / Broker.

Currently i am a self employed licensed Insurance Agent for a General Insurance Company (ICICI Lombard- Lombard being the canadian insurance co which is a part of Fairfax Holdings) and a specialized Health Insurance company.I have been doing this for the last 4 years from 2006 onwards.

I had following queries :-

1 - Is there a licensing procedures for BC for general insurance & life
insurance ? Is there any website that can provide a detailed explanations
.......

2 - Can this be done as a part time as a free lancer to begin with to get the
feeler of the market or do i have to be working fulltime with a Senior
Agent / Broker before being independent?

3 - I specialize more in employer-employee Insurance(corporate sales) ... hope there'll be a
prospect to make a decent living from this proffession ?

4 - How much will it cost me initially for the licensing procedures till i
actually start making calls and produce results and ofcourse the timeline
for the same ?

5 - Is there a heavy investment required to be a licensed broker ?

6 - Would you suggest to get my graduation and the Insurance exam that i
cleared in India verified by an Agency like ICES or WES ?

I would really appreciate and be grateful if some of the members here can guide me with their experience.

Thanx a ton

I would suggest that you send a PM to one member on this board who goes by VJ. As I understand from his posts he is in the same business and should be able to guide you.

Overall, I do not think it is all that difficult to get in this particular field. You do need licensing and once you are through with that the options are pretty good.

Check this for more info http://www.advocis.ca/content/education/LLQP.html

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Originally posted by mycaroin

Thank You for having me on this board.

I have recd an immigrant visa for Canada, will be shifting in May / June to Vancouver (BC).

I intend to start afresh over there as an Insurance Agent / Broker.

Currently i am a self employed licensed Insurance Agent for a General Insurance Company (ICICI Lombard- Lombard being the canadian insurance co which is a part of Fairfax Holdings) and a specialized Health Insurance company.I have been doing this for the last 4 years from 2006 onwards.

I had following queries :-

1 - Is there a licensing procedures for BC for general insurance & life
insurance ? Is there any website that can provide a detailed explanations
.......

2 - Can this be done as a part time as a free lancer to begin with to get the
feeler of the market or do i have to be working fulltime with a Senior
Agent / Broker before being independent?

3 - I specialize more in employer-employee Insurance(corporate sales) ... hope there'll be a
prospect to make a decent living from this proffession ?

4 - How much will it cost me initially for the licensing procedures till i
actually start making calls and produce results and ofcourse the timeline
for the same ?

5 - Is there a heavy investment required to be a licensed broker ?

6 - Would you suggest to get my graduation and the Insurance exam that i
cleared in India verified by an Agency like ICES or WES ?

I would really appreciate and be grateful if some of the members here can guide me with their experience.

Thanx a ton

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