The otl exam is an insurance licensing exam that allows a licence to be sold for Habitational (home and auto) and Liability insurance. A licence is required to sell these types of policies in Ontario.
Insurance Institute of Canada has created a course and exam prep materials that provide all the tools you need to write your OTL exam. The course provides content review and practice exams that help you understand the material, identify your strengths and weaknesses and pass your exam.
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Our OTL exam preparation course follows the “Redding Method” which introduces content in a progressive sequence. This approach helps students understand the content and makes it easier to retain the information on the exam. It also decreases anxiety by presenting questions that are easy to answer first. This enables students to build confidence and self-belief in their ability to pass the exam.
The otl exam is 2 hours long and has 100 multiple choice questions. To pass, you need a score of 75% or higher. It is a closed book exam and you must bring the current edition of your OTL study kit to the exam along with a government issued photo ID.
Students must have sponsor/employer support to apply for their license. To find out more about what is required to get a sponsorship and take your OTL exam please visit our Sponsorship page. Alternatively, you can apply on your own by following the steps in our Guide to Apply for a General Insurance Agent License.