The 30-minute exam consists of 20 multiple-choice questions.
A passing grade is 75%.
If you write the equivalency exam and it is later determined that you did not qualify for the exam, no refunds will be issued, and you will not qualify for RIBO registration.
Upon completion of the RIBO exam, results will be provided to you by your exam service provider once they are available. Please do not contact RIBO for your exam results.
Please refer to the Equivalency page and RIBO Exam Rules for more details.
You can register for a RIBO exam with the following exam providers:
Candidates are eligible to write the exam twice per exam provider. After two failed attempts they are subject to an 8-month waiting period following their second failed attempt with the same service provider. If a candidate takes the exam during this 8-month period, the waiting period will reset from their most recent attempt, the results will be nullified, and additional restrictors might apply.
We provide high-level policies and resources to study and prepare for the exam. The list is not exhaustive. Candidates should refer to the Level 1 Entry Level Broker Competency Profile and Blueprint for a detailed list of study materials under the Supporting Knowledge column.
Please carefully read the Exam Standards.
If you consider self-study use the following resources OAP 1. RIBO doesn’t offer any courses but organizations like the Insurance Brokers Association of Ontario (IBAO) or the Insurance Institute of Ontario (IIO) have some that you can take. Please visit their websites for more information.