How to get your life insurance licence in Saskatchewan
Saskatchewan uses the national LLQP like every common-law province, and adds one of the more specific new-agent rules in the country: supervision until you have placed 50 policies and spent a year as a licensee. Here is what the Insurance Councils of Saskatchewan publish, and what you still need to confirm with them.
The requirements, in order
Complete the LLQP course
With an approved provider. The course certificate is valid for 12 months from completion under the CISRO policy, and you need it to register for the exams and for any rewrite.
Pass the LLQP exams
Four modules for a life licence, two (Accident and Sickness, and Ethics) for an A&S-only licence. 75 minutes each, 60% per module.
Arrange E&O insurance or a bond
Required by the Council before you can be licensed.
Apply and pay
The individual licence fee is $125.
Work under supervision
If you were licensed after January 1, 2020, until you meet the conditions below.
New-agent supervision in Saskatchewan
- Applies to agents licensed after January 1, 2020
- Lasts until you have 50 placed policies and 1 year as a licensee: both conditions
- Your supervisor needs at least 3 years’ experience
Insurance Councils of Saskatchewan, checked October 21, 2026.
Reading the supervision rule
The two conditions are cumulative. Meeting one is not enough.
An agent in Saskatoon who places 50 policies in eight months is still supervised until the end of the first year. An agent in Regina who reaches one year with 30 placed policies stays supervised until the fiftieth. Plan your first year with your supervisor around both numbers.
Compare with British Columbia, where supervision is set by time alone: at least 24 months, or 12 with a CLU, CFP or RFP. The BC licence guide has the details.
| After 1 year, policies placed | Supervision |
|---|---|
| Fewer than 50 | Continues until the 50th |
| 50 or more | Can end |
What is not confirmed
The Council page we checked does not set out who administers the LLQP exams in Saskatchewan, whether sittings are online or in person, the exam fees or the licence application deadline after passing. We do not guess. Ask the Council before you book, and keep a written answer.
The exam content itself is national, so you can prepare now regardless of the logistics. The rewrite rules follow the CISRO policy unless the Council says otherwise: see LLQP retake rules.
Questions
How much is a Saskatchewan life insurance licence?
The Council lists $125 for an individual licence. Course, exam and E&O costs are separate.
Can I use a bond instead of E&O insurance?
The Council states that E&O insurance or a bond is required. Ask which forms of bond it accepts for your licence class.
Does supervision apply if I was licensed before 2020?
The published rule covers agents licensed after January 1, 2020. Earlier licensees should confirm their situation with the Council.
Questions to put to the Council before you book
Because the exam logistics are not published on the page we checked, a short written exchange with the Council saves you surprises. Ask these five questions, and keep the answers with your course certificate.
Who administers the exams, and how do I register?
The administrator sets the booking calendar, the fees and the candidate rules.
Are sittings online, in person, or both?
This matters beyond Saskatchewan: BC does not accept online LLQP exams written after June 30, 2023. If you might move to BC later, an in-person result is the safer one.
What are the exam and rewrite fees?
In Alberta, for comparison, each rewrite costs $100 per module for the Life program. Budget for at least one rewrite even if you do not expect to need it.
How long do I have to apply after passing?
Ontario, BC and Alberta all allow about one year. Do not assume Saskatchewan matches them.
Who can supervise me?
The supervisor must have at least three years’ experience. Ask whether the Council needs the supervisor named on your application.
Planning your first year under supervision
The 50-policy condition shapes how a new agent works. Fifty placed policies in a year is roughly one a week, and a placed policy is generally one that has been issued and accepted by the client, not just applied for. Ask the Council how it counts them. A recruit in Prince Albert or Moose Jaw who sells mostly larger, slower cases may reach the one-year mark well before the fiftieth policy.
Talk to your supervisor early about the mix of business you will write. Supervision is not a penalty: it is the period when an experienced licensee reviews your recommendations, and the habits you build in it carry into the rest of your career.
Example
A new agent is licensed in Saskatoon in March. By the following March he has 41 placed policies. He has met the one-year condition but not the 50-policy one, so his supervision continues. In May, his 50th policy is placed: both conditions are now met.
Prepare the exams now
Whatever the booking process, the modules, the 75-minute format and the 60% mark are the same as everywhere else outside Québec.
Measure yourself with the free LLQP practice test, and read the LLQP exam guide for the format and deadlines.
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