Exam Information

EXAM LENGTH

  • 3 Hours

EXAM FORMAT

  • Insurance Concepts, Principles + Practices (20 Multiple Choice Questions)
  • 6 Long Answers (60 Marks)
  • 10 Form Recognition Questions (20 Marks)

PASSING GRADE

  • 75%
  • Must obtain a minimum of 60% in each section
  • Failure to obtain the passing grade in each section will require a rewrite of all three sections

LICENSING ELIGIBILITY

  • RIBO 1 License
  • For more details, see here

Now Accepting RIBO Level 2-Technical Farm Exam Registrations. Registrations to the RIBO Exam occur on a first come first serve basis, while spaces last.

Registration

  • Online

    Virtually proctored online exams are a convenient option from the comfort of your home or any private space with an internet connection. Exams are conducted on two platforms—TopClass, where the exam is hosted, and ProctorU, where a virtual proctor monitors your exam. Proctors observe exams via webcam and troubleshoot any technical issues should they arise. All online exams are recorded, and unusual behaviour is flagged. Here’s a short video explaining the exam process. Details on how to book your virtual proctor and test your system prior to the exam are emailed following registration.

    Proctor Requirement
    It’s the exam taker’s responsibility to secure a virtual proctor through ProctorU for all online exams. Your specific exam start time will be determined during this process. Detailed instructions will be emailed following registration.

    System Requirements

    • Personal laptop or computer with the capability to download software (a ProctorU Browser Extension)
    • A personal laptop or computer with a single monitor (computers with 2 or more monitors aren’t permitted)
    • Chrome or Firefox web browser
    • Functioning microphone, speaker and camera (headset mics aren’t permitted)
    • High-speed internet—a connection failure or interruption will interfere with your exam
    • Do not connect through a VPN (Virtual Private Network)

    Number of Attempts
    If you fail your RIBO Exam, you’re eligible to rewrite a second time by following the standard registration process. After two failed attempts, you’re ineligible to rewrite your exam for 8 months following your second attempt.

    Permissible Tools to Use During Exam

    • Four Function Calculator (available on the exam platform)

    Examination Rules
    For more information please refer to the RIBO Examination Rules and RIBO’s Exam Administration & Academic Integrity Policy

    To Register
    Sign in using your IBAO Member ID. If you don’t have a Member ID, ask your hiring manager to have you added to their IBAO employee roster or create an account.

    For Accommodations and other queries
    Please contact exams@ibao.on.ca

     

    Dec 2 - First Attempt

    Register by Nov 22

    $300

    REGISTER

    Dec 2 - Second Attempt

    Register by Nov 22

    $300

    REGISTER

    Dec 16 - First Attempt

    Register by Dec 6

    $300

    REGISTER

    Dec 16 - Second Attempt

    Register by Dec 6

    $300

    REGISTER
  • In-Person

    In-Person proctored online exams are now available at the Toronto Exam Centre – IBAO, 1 Eglinton Avenue East, Suite 700. The exam will be conducted online on a computer/laptop and proctored live by an IBAO proctor on-site.

    Exam Fee
    The cost of each RIBO exam attempt is $300. Each rewrite is an additional $300.

    Exam Dates and Registration
    There will be one in-person exam date per month. Our next exam date is Tuesday, December 17th 2024 (Registration deadline: Friday, December 9th 2024).

    Spaces are limited and available on a first come, first serve basis. To register, please contact exams@ibao.on.ca

    Device & Equipment
    Computer devices (laptops) will be provided for in-person examinations. Only IBAO devices and equipment are permitted.

    Number of Attempts
    If you fail your RIBO Exam, you’re eligible to rewrite a second time by following the standard registration process. After two failed attempts, you’re ineligible to rewrite your exam for 8 months following your second attempt.

    Permissible Tools to Use During Exam

    • Digital version of the OAP1 Policy (available on the exam platform)
    • Four Function Calculator (available on the exam platform)

    Examination Rules
    For more information please refer to the RIBO Examination Rules and RIBO’s Exam Administration & Academic Integrity Policy

    For Accommodations and other queries
    Please contact exams@ibao.on.ca

FREQUENTLY ASKED QUESTIONS