Become a Broker (RIBO Level I)

IBAO Education

Member price

Non-member price





Exam Fee

Not Included


RIBO Equivalency Prep Courses

Individuals licensed in another jurisdiction or licensed as Other Than Life (OTL) with the Financial Services Commission of Ontario (FSCO) may qualify to write equivalency exams (RIB Act, Regulations & Bylaws, Ontario Automobile) instead of the full 3-hour exam. Find out if you qualify by submitting the following documents to RIBO ( or fax to 416.365.7664):

* Resume
* Certificate of Authority (good standing) from your home jurisdiction
* Copies of property & casualty licenses (OTL or other)
* Copies of industry designations

If eligible, an application package will be mailed to the address on your resume.

Once you’ve been approved to write the short exam, create an account and purchase the Equivalency Preparation Course: RIB Act, Regulations and Bylaws or the Equivalency Preparation Course: Ontario Auto (both programs are located under Broker Licensing). ***If you’re employed or sponsored by an IBAO Member, ask for your IBAO User ID and Password to save $50.***  Once you’ve completed your training, book your exam with RIBO.

This format provides 100-day access to an online ELearning workflow.

Only individuals who have received approval from RIBO are entitled to write the equivalency exams. Please ensure you have prior approval as the course is non-refundable after purchase.

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