Which of the following is a requirement to become a licensed insurance broker in Ontario?

To become a licensed insurance broker in Ontario, one of the primary requirements is passing the licensing examination. This exam is designed to ensure that candidates have a solid understanding of the insurance industry, relevant laws, ethics, and practices necessary to function effectively as an insurance broker. Successfully completing this examination demonstrates that the candidate possesses the requisite knowledge and skills to serve clients and navigate the complexities of the insurance market.

Other options do not meet the specific requirements set by regulatory bodies. While having a college diploma or high school education may be beneficial, they do not guarantee proficiency in insurance practices. Likewise, sales experience alone does not equate to the comprehensive knowledge required for licensing. Thus, passing the licensing examination stands out as a critical and mandatory step in the licensing process for insurance brokers in Ontario.