COULD ANY FELLOW CAN TELL ME IF ONE CAN WORK AS MORTGAGE CONSULTANT/AGENT AND AT THE SAME CAN HE SELL RESP/RRSP/AUTO/HOME(RIBO) INSURANCE IN ONTARIO. WHAT TYPE OF LICENSE REQUIRED IN ORDER TO SELL MORTGAGE/RESP/RRSP AND I KNOW FOR SELLING AUTO AND HOME ONE NEED TO DO RIBO LICENSING . I WANT TO KNOW IF ONE CAN WORK
SIMULTANEOUSLY THESE TWO OR THREE JOBS FROM HOME/OFFICE. THANKS IN ADVANCE.
-----------------------------------------------------------------
daisyfromottawa
Yes you can be licensed for selling RESP/RRSP/mortgages/insurance all at the same time.
For RESP and RRSP, if you want to provide scholarship programs, mutual funds, stocks, bonds then you have to pass several exams which may be specific to the company's programs like Allianz, Global , CET or what have you for RESP. For mutual funds it is IFIC for stocks it's CSC or CSC for both mutual fudns and stocks.For labor sponsored funds it's another LSIF exam. For insurance you have the RIBO or the life insurance exam if you wish to sell life insurance.
For mortgages there is another exam and there are new laws coming into effect this July.
Plenty of info on the net.
Thanks so much.Sir Ji
-----------------------------------------------------------------
daisyfromottawa
Quote:
Originally posted by investpro
Yes you can be licensed for selling RESP/RRSP/mortgages/insurance all at the same time.
For RESP and RRSP, if you want to provide scholarship programs, mutual funds, stocks, bonds then you have to pass several exams which may be specific to the company's programs like Allianz, Global , CET or what have you for RESP. For mutual funds it is IFIC for stocks it's CSC or CSC for both mutual fudns and stocks.For labor sponsored funds it's another LSIF exam. For insurance you have the RIBO or the life insurance exam if you wish to sell life insurance.
For mortgages there is another exam and there are new laws coming into effect this July.
Plenty of info on the net.
-----------------------------------------------------------------
Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Pramod-ji, thank you, I just got a mail from RIBO, one can't work as mortgage consultant with RIBO.
-----------------------------------------------------------------
daisyfromottawa
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |