Insurance - Life

Ontario College Diploma | Code: 1319

About the program

This program is designed to provide graduates with a broad exposure to business with a specialization in life insurance, and is designed to meet the needs of those students who wish to be employed by the insurance industry in the areas of underwriting, administration, claims, selling and marketing. The program prepares the student for a rewarding career in many areas of the insurance industry, and covers all areas of life insurance including product, investments, regulation and company operations. Students will have the opportunity to gain all ten credits required for the Fellow Life Management Institute (FLMI) designation from the Life Office Management Association (LOMA).

Program information

All courses must be completed within 5 years of acceptance into the program.

Admission requirements

  • Ontario Secondary School Diploma (OSSD), or equivalent, OR 19 years of age or older.
  • Grade 12 Compulsory English, C or U, or equivalent, OR Conestoga College Preparatory Communications (COMM1270),
  • Grade 11 Mathematics, C, M (U/C), or U, or equivalent, OR Conestoga College Preparatory Mathematics (MATH 1375).
  • For more information on preparatory programs, visit Academic Upgrading

Admission procedures

  • Submit a completed Conestoga College Program Application Form.
  • Attach proof of Admission Requirements.
  • Final selection is made following an assessment of the admission requirements.

Graduate opportunities

A wide variety of employment opportunities is available in insurance companies, insurance brokers and agencies, and other business organizations.

For more details on related occupations, job market information and career opportunities, see the Government of Canada website: https://www.jobbank.gc.ca/home

Program outcomes

  • Determine the function and role of life insurance in business and society.
  • Discuss the organization, structure, and roles and responsibilities associated with life insurance companies.
  • Analyze the uses, coverages, riders, contracts, policies, and legislation associated with life insurance.
  • Adhere to principles, processes and procedures used in adjusting losses, settling claims and explaining and completing documentation specific to life insurance.
  • Evaluate the factors affecting the acceptance and underwriting of life insurance risks.
  • Use computer skills in completing business and other associated tasks.
  • Apply accounting, economics, mathematics and marketing principles to business situations and life insurance specifically.
  • Develop appropriate working relationships using knowledge of life insurance, customer service skills, and interpersonal communications.
  • Discuss the legal system and legislation affecting business in general, and life insurance business specifically.
  • Discuss the issues and concerns regarding business corporate responsibility in an insurance environment.

Program related resources

Continuing Education
Upcoming Registrations

Mark your calendars for our upcoming registration dates so you can plan your future.

Winter Registration: November 4, 2019
Spring Registration: February 3, 2020