Licensing Fees

$100


  • 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.

$75


  • A business licence:
    • for crop hail insurance; and
    • for a crop hail insurance adjuster; and
  • An individual licence:
    • for a crop hail adjuster.

$50


  • 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:

  1. a reinstatement of a licence; and
  2. discontinuation of a licence application after processing by ICS has begun.

2.  An administration fee of $25 shall be charged for:

  1. a certificate of licence status;
  2. a non-resident endorsement used to apply for licensing in another jurisdiction;
  3. a duplicate receipt;
  4. a duplicate licence;
  5. cheques returned to ICS;
  6. deletion or addition of licence class to an existing licence;
  7. a change of licence recommendation; and
  8. 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.