Apply for an insurance agent licence

  1. Know which licence to apply for in Yukon
  2. Determine if you're eligible
  3. Complete the application form
  4. Provide all other supporting documents required
  5. Pay your fees
  6. Submit your application, supporting documents and fees
  1. Know which licence to apply for in Yukon

    4 different insurance professions are regulated in Yukon:

    • insurance agents;
    • insurance brokers;
    • insurance salespeople; and
    • insurance adjusters.


    The services these professions offer in Yukon may be different than in other regions.

    Before you apply, review the information below to make sure you apply for the correct licence.


    Insurance agent

    In Yukon, an insurance agent:

    • acts as a go-between for an insurer and the insured;
    • typically represents 1 insurer but can represent more;
    • has received permission from insurers to sell their products; and
    • is the only insurance professional working in the territory that can provide life, and accident and sickness insurance.


    Insurance broker

    In Yukon, an insurance broker:

    • acts as a go-between for insurers and the insured;
    • works independently and typically does not represent a single insurer;
    • does not require permission from an insurer to sell their products; and
    • cannot provide life or accident and sickness insurance.


    Insurance salesperson

    In Yukon, an insurance salesperson:

    • is employed and supervised by a licensed insurance agent or broker;
    • is paid a salary and does not receive commission;
    • can solicit insurance, negotiate insurance or renewals, and collect and receive premiums for their employer.


    Insurance adjuster

    In Yukon, an insurance adjuster:

    • investigates insurance claims;
    • makes recommendations on insurance policy payments; and
    • negotiates payments and settlements.

     

  2. Determine if you're eligible

    All insurance agents working in Yukon must hold a current Yukon licence.

    In Yukon, insurance agents can apply for 4 types of licences:

    • life;
    • accident and sickness;
    • general (for all insurance classes except life, accident and sickness, and travel accident and sickness); and
    • travel accident and sickness (only travel agents can apply for this).

    We accept and process new applications on an ongoing basis. But you must renew your licence every year. All insurance agent licences expire annually on September 30.

    Eligibility

    You're eligible to apply for a licence if you meet 1 of the following sets of requirements.

    You:

    • hold a current insurance agent licence in another Canadian or US jurisdiction (your home jurisdiction);
    • are in good standing in your home jurisdiction.
    • only apply for the same classes of insurance as you hold in your home jurisdiction; and
    • have permission from an insurer that holds a Yukon licence to sell their products.

    Or you have:

    • permission from an insurer that holds a Yukon licence to sell their products; and
    • the required education for each licence type you're applying for:
      • life licence applicants must have completed the full Life Licence Qualifying Program (LLQP) through an approved course provider;
      • accident and sickness licence applicants must have passed the accident, sickness and ethics modules of the LLQP through an approved course provider;
      • general licence applicants must have successfully completed parts 1 and 2 of the Insurance Institute of Canada's General Insurance Essentials course (C81 and C82).
  3. Complete the application form

    Complete all sections of the application form. Do not leave a section blank. You may enter "not applicable" when it's relevant.

    Tips

    • Mark on the top of the form which licence class(es) you're applying for.
    • You can apply for more than 1 class.
    • Select whether you're applying for:
      • a resident;
      • or non-resident licence.
    • Choose non-resident if your home jurisdiction is outside of Yukon.
    • Sign the affidavit section in front of a notary public and then have the notary sign and witness.
    • Have a representative from your primary insurer complete and sign the "recommendation of agent" section.
    • Send us the original application form and keep a photocopy for your records.
    • We do not accept photocopies of the application form.
    • We may return incomplete applications.
  4. Provide all other supporting documents required

    Gather together the following documents and provide these with your complete application package.

    Current photo ID

    • Provide a copy of 1 piece of current photo ID.
    • The ID must be issued by a territorial, provincial or federal government body.
    • The ID must show your current legal name.
    • We do not accept a healthcare card as a form of ID.

    Criminal record check

    • Visit your local RCMP or police detachment to request a check.
    • The RCMP or police must complete the check no more than 90 days before you submit your application.
    • Ask the RCMP or police to send the results directly to your mailing address or make the results available for pickup.

    Proof of standing

    We only require this from applicants who hold an agent licence in another Canadian or US jurisdiction.

    • We accept the following as proof of standing:
      • a recent printout from your home regulator’s online register;
      • a copy of your insurance agent licence from your home jurisdiction;
      • a certificate of authority from your home regulator; or
      • any combination of the above.
         
    • You must ensure this documentation shows all of the following:
      • your name;
      • your licence number;
      • the class(es) of insurance you are licensed to sell; and
      • your current licence status or licence expiry date.

    Proof of education

    All applicants who are not registered in another Canadian or US jurisdiction must provide proof of education. Provide the following – depending on the licence class you're applying.

    Accident and sickness licence

    Copy of certificate showing successful completion of accident, sickness and ethics modules of the Life Licence Qualifying Program (LLQP) provincial/territorial exam.

    Life licence

    Copy of certificate showing successful completion of the full LLQP provincial/territorial exam.

    General licence (all classes except life, accident and sickness)

    Copy of transcripts showing successful completion of Insurance Institute of Canada courses C81 and C82.

    Insurer recommendation of agent form(s)

    Only agents who represent more than 1 insurer must provide this form with their application. Have each insurer you represent complete a separate form.

  5. Pay your fees

    Fees

    If you're applying for more than 1 licence type, add the cost of each licence to the total.

    Non-residents

    These annual licence fees apply if your home jurisdiction is outside Yukon.

    Applications received October 1 to March 31

    • Accident and sickness: $100.
    • Life: $100.
    • General (all other classes): $100.
    • Travel accident and sickness: $5.

    Applications received April 1 to September 30

    • Accident and sickness: $50.
    • Life: $50.
    • General (all other classes): $50.
    • Travel accident and sickness: $5.

    Residents

    These annual licence fees apply if Yukon is your home jurisdiction.

    Applications received October 1 to March 31

    • Accident and sickness: $50.
    • Life: $50.
    • General (all other classes): $50.
    • Travel accident and sickness: $5.

    Applications received April 1 to September 30

    • Accident and sickness: $25.
    • Life: $25.
    • General (all other classes): $25.
    • Travel accident and sickness: $5.

    Payment method

    You can pay your fees by cheque or credit card. Complete the payment information form and include this and your fees with your application.

  6. Submit your application, supporting documents and fees

    Submit your entire application package. This must include:

    • your completed application form;
    • all required supporting documents; and
    • your payment form and licence fees.

    We typically process applications within 10 business days. We will confirm you have met all legal requirements before issuing a licence.

    We may return your application if you have not provided all the required documentation.

    Submit your application package

    • In person or by courier, at 307 Black Street, Whitehorse, Y1A 2N1. We are open Monday through Friday from 8:30 a.m to 4:30 p.m.
    • Mail:
      Government of Yukon
      Professional Licensing and Regulatory Affairs (C-5)
      Box 2703
      Whitehorse, YT Y1A 2C6

Contact 

For questions about applying for an insurance agent licence, email: insurance.plra@gov.yk.ca or phone: 867-667-5111 or toll free in Yukon 1-800-661-0408 ext. 5111.