Licensing Fees
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$125
- A business or individual licence:
- for an all classes of property and casualty insurance licence;
- for a property and casualty other than crop hail insurance adjuster; and
- for a property and casualty other than crop hail insurance public adjuster.
- for life and accident and sickness insurance;
- for accident and sickness insurance;
- An individual licence:
- for an insurer's representative; and
- for a designated representative of a third party administrator;
- A business licence:
- restricted to travel insurance;
- for a managing general agent; and
- for a third party administrator.
$100
- A business licence:
- for crop hail insurance; and
- for a crop hail insurance adjuster; and
- An individual licence:
- for a crop hail adjuster.
$75
- An individual licence:
- restricted to auto insurance;
- restricted to travel insurance;
- for crop hail insurance; and
- for a crop hail adjuster representative.
Annual Licence Fees for Restricted Insurance Agents
| Number of Employees of Restricted Insurance Agent | Fees |
| 1 to 4 | $150 |
| 5 to 10 | $225 |
| 11 to 15 | $375 |
| 16 to 20 | $500 |
| 21 to 99 | $700 |
| 100 to 249 | $1,500 |
| 250 to 499 | $3,000 |
| 500 or more | $5,500 |
More Licensing Fee Information
A licensee who fails to pay the licensing fee on or before the annual reporting date shall be assessed, in addition to the annual fee, a late filing fee equal to 50% of the annual fee.
A refund on an annual fee shall not be made once a licence has been issued.
An administration fee of $50 shall be retained when an application for a licence has been denied.
1. An administration fee of $50 shall be charged for:
- a reinstatement of a licence; and
- discontinuation of a licence application after processing by ICS has begun.
2. An administration fee of $25 shall be charged for:
- a certificate of licence status;
- a non-resident endorsement used to apply for licensing in another jurisdiction;
- a duplicate receipt;
- a duplicate licence;
- cheques returned to ICS;
- deletion or addition of licence class to an existing licence;
- a change of licence recommendation; and
- changes to a licence that may be required to ensure compliance with the requirements of the Act, regulations and or the Bylaws.
An administration fee of $250 will be charged for electronic copies of the Insurance Register.