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Exam FAQs

Find answers to common questions about our exams

Updated

2025

Eligibility requirements are listed on each exam page.

Your exam fee covers the development, coordination and administration of the exam. There’s a separate licensing fee to obtain your license, which is coordinated by RIBO. This license will authorize you to sell insurance in Ontario.

No—there are no discounted fees for rewrites. A fee of $300 is required for every exam attempt.

Typically it’s a 2–week turnaround for exams to be marked and results communicated. For confidentiality reasons, exam results will only be released to the individual who wrote the exam.

Please send your comments to exams@ibao.on.ca.