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CIP DESIGNATION PRE REQUISITES

  • Last Updated:
  • Aug 26th, 2020 10:49 pm
[OP]
Newbie
Aug 23, 2020
1 posts

CIP DESIGNATION PRE REQUISITES

I recently started working for a P&C Insurance company, and want to get my CIP certification. I do not have academic background in insurance, does this mean I need to have 1year's work experience in the industry prior to appearing for the exam?
1 reply
Deal Addict
Jul 19, 2007
1247 posts
111 upvotes
Ontario
No you don’t need any working experience or knowledge in P&C insurance in order to works towards the CIP program, but it does help having some background knowledge in insurance. Most insurance companies, brokerages, or TPA’s will reimburse employees for each CIP course except if you fail a final exam. You’ll have to pay out of pocket to retake a course again or rewrite the final exam. Some of the courses can be challenging. All CIP course midterms and final exams are online.

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