Business - Insurance (Optional Co-op)
- Credential:
- Ontario College Diploma
- College Code:
- CONS
- School:
- Business
- Program Code:
- 0722
- Accelerated Delivery:
- No
- Campus:
- DO
- Academic Year:
- 2020 / 2021
About the Program
If you want to help people when they need it the most, you will find a rewarding career in the insurance industry. The need for insurance is universal resulting in an industry that is characterized by growth, global reach and presence in almost every community. Approximately $30 billion is paid each year to Canadians for medical treatment, loss of wages, repairs to damaged property or for the replacement of goods and services. Careers in insurance offer stability and significant opportunities for advancement.Conestoga's two-year diploma program will provide you with broad exposure to business practices within the insurance industry. Areas of study within property and casualty coverage include agency claims and investigation, underwriting, marketing and management. An optional co-op work-term provides you an authentic, professionally-relevant work experience. The opportunity to connect theory with practice will allow you to develop a broad base of occupational skills, embrace key concepts and terminology within the field and expose you to networking opportunities. In addition, you will have the opportunity to gain nine of the ten credits required for the Chartered Insurance Professional (CIP) designation from the Insurance Institute of Canada and you may choose to register for the CIP national exams at an additional cost in order to receive credentials awarded by the Institute.
Pursue a career within the insurance industry and make a difference in the lives of those in your community. The optional co-op stream includes one co-op work term.
Program Information
Length: Two-year Ontario College Diploma programDelivery Sequence: Doon (Kitchener) - September/2020 - Fall | Winter | Fall | Winter
Location: Doon (Kitchener)
Start: September
First-Year Capacity: 35
Admission Requirements
- Ontario Secondary School Diploma (OSSD), or equivalent, or 19 years of age or older with mature student status (See Mature Student definition for details.)
- 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 (MATH1375)
- For more information on preparatory programs, visit Academic Upgrading
Note re: Admission Requirements
Starting September 2020- Applicants with transcripts from institutions where the language of instruction is not English must demonstrate English language proficiency with a minimum test score on one of the following language proficiency tests or equivalent scores from another internationally recognized English language test:
- IELTS overall band of 6.5 with no band less than 6.0
- TOEFL iBT 88
- CAEL 70, no sub-test band score less than 60
- PTE Academic 58
- Conestoga English Language Test (CELT) Band 6
Applying to the Co-op Stream
- All applicants apply to the non co-op program. Students will be informed of the application deadline and process to apply for the Co-op Stream. Labour market conditions determine the number of co-op seats in optional co-op programs. Every student who meets academic eligibility requirements may not be admitted to the co-op stream.
- To be considered for admission to the co-op stream, students are required to achieve a minimum 65% session weighted average in Level 1 with no dropped or failed courses.
Co-op Information
- Co-op programs add value to your education. Earn while you apply what you learn in a real workplace environment. See the Co-op webpages.
- The College cannot guarantee co-op employment. All co-op students are required to conduct an independent co-op job search in addition to the supports and services provided by the Department of Co-op Education.
- Students are responsible for their own transportation and associated costs in order to complete work term requirements. Work locations may not always be readily accessible by public transportation.
Admission Procedures
- An academic strength is calculated by averaging the submitted marks of required subjects. If more than one mark is received for a required subject, the highest mark will be used in the calculation.
- Ten (10) additional marks are added to each Advanced level, OAC, U, U/C, and post-secondary course used in the calculation of academic strength.
- A sound mathematical and English background is important for success in this program and is considered during the admission selection process. Minimum cutoffs apply.
Program Requirements
- Academic eligibility for a co-op work term is based on the term that occurs two terms prior to any work term. Should a student's academic performance decline considerably (including cumulative missed courses) during the term just prior to any work term, the college reserves the right to withdraw the student from the upcoming work term.
- Students may only fail/defer one work term regardless of the reason(s).
- Students who do not successfully complete their deferred work term will be removed from the co-op stream.
- Since only one work term may be failed/deferred regardless of the reason(s), should a subsequent work term be missed/failed/unsecured (not successfully completed for any reason) the student will be immediately removed from the co-op stream.
- Students who are discontinued are not eligible for co-op work terms.
Tuition & Fees
Tuition fee details for the 2019-2020 year are listed below. Fees for the next academic year are unavailable at this time. Books and supplies are additional.
Non Co-op Program Fees
Estimated fees based upon the previous academic year (2019 / 2020) for Insurance - Property and Casualty - Program # 0722
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| Full-time Program Tuition | $1348.00 | $1348.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $2122.33 | $1799.33 |
| Year Total | $3921.66 |
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| Full-time Program Tuition | $1348.00 | $1348.00 |
| Student Priority Fee | $0.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Graduation/Alumni Services Fee | $0.00 | $0.00 |
| Administration Fee | $0.00 | $0.00 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Association Fee | $0.00 | $0.00 |
| CSI - Advocacy Fee | $0.00 | $0.00 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $2122.33 | $1799.33 |
| Year Total | $3921.66 |
International Fees
Estimated International fees based upon the previous academic year (2019 / 2020) for
Insurance - Property and Casualty - Program # 0722
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| International Program Tuition | $6250.00 | $6250.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ISR | $375.00 | $375.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI International Health Fee | $500.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $7899.33 | $7076.33 |
| Year Total | $14975.66 |
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| International Program Tuition | $6250.00 | $6250.00 |
| Student Priority Fee | $0.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Graduation/Alumni Services Fee | $0.00 | $0.00 |
| Administration Fee | $0.00 | $0.00 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Association Fee | $0.00 | $0.00 |
| CSI - Advocacy Fee | $0.00 | $0.00 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ISR | $375.00 | $375.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI International Health Fee | $500.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $7899.33 | $7076.33 |
| Year Total | $14975.66 |
Co-op Program Fees
Estimated fees based upon the previous academic year (2019 / 2020) for Insurance - Property and Casualty (Optional Co-op) - Program # 0722C
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| Full-time Program Tuition | $1348.00 | $1348.00 |
| Student Priority Fee | $0.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Graduation/Alumni Services Fee | $0.00 | $0.00 |
| Administration Fee | $0.00 | $0.00 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Program Services Fee | $139.25 | $139.25 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Association Fee | $0.00 | $0.00 |
| CSI - Advocacy Fee | $0.00 | $0.00 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $2261.58 | $1938.58 |
| Year Total | $4200.16 |
| Description | Winter 2020 | Spring 2020 |
|---|---|---|
| Full-time Program Tuition | $1348.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $0.00 |
| Technology Enhancement Fee | $135.00 | $0.00 |
| Program Services Fee | $185.67 | $0.00 |
| Capital Development Fee | $74.83 | $0.00 |
| CSI Health Plan Fee | $197.65 | $0.00 |
| ONE Card Fee | $7.00 | $0.00 |
| CSI Legal Protection | $18.76 | $0.00 |
| CSI Advocacy Fee | $12.50 | $0.00 |
| CSI Event Fee | $40.00 | $0.00 |
| CSI Student Clubs | $3.50 | $0.00 |
| Locker Fee | $5.00 | $0.00 |
| Alumni Services | $5.00 | $0.00 |
| Student Spaces | $10.00 | $0.00 |
| Graduation fee | $15.00 | $0.00 |
| Academic Support Fee | $18.00 | $0.00 |
| CSI Academic Support Fee | $5.00 | $0.00 |
| Health and Wellness Fee | $20.00 | $0.00 |
| CSI Health and Wellness Fee | $10.00 | $0.00 |
| Career Services Fee | $10.00 | $0.00 |
| CSI Career Services Fee | $10.00 | $0.00 |
| Session Total | $2201.41 | $0.00 |
| Year Total | $2201.41 |
Optional Co-op International Fees
Estimated International fees based upon the previous academic year (2019 / 2020) for
Insurance - Property and Casualty (Optional Co-op) - Program # 0722C
| Description | Fall 2019 | Winter 2020 |
|---|---|---|
| International Program Tuition | $6250.00 | $6250.00 |
| Student Priority Fee | $0.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $70.50 |
| Graduation/Alumni Services Fee | $0.00 | $0.00 |
| Administration Fee | $0.00 | $0.00 |
| Technology Enhancement Fee | $135.00 | $135.00 |
| Program Services Fee | $139.25 | $139.25 |
| Capital Development Fee | $74.83 | $74.83 |
| CSI Association Fee | $0.00 | $0.00 |
| CSI - Advocacy Fee | $0.00 | $0.00 |
| CSI Health Plan Fee | $295.00 | $0.00 |
| ISR | $375.00 | $375.00 |
| ONE Card Fee | $7.00 | $7.00 |
| CSI Legal Protection | $28.00 | $0.00 |
| CSI International Health Fee | $500.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $12.50 |
| CSI Event Fee | $40.00 | $40.00 |
| CSI Student Clubs | $3.50 | $3.50 |
| Locker Fee | $5.00 | $5.00 |
| Alumni Services | $5.00 | $5.00 |
| Student Spaces | $10.00 | $10.00 |
| Graduation fee | $15.00 | $15.00 |
| Academic Support Fee | $18.00 | $18.00 |
| CSI Academic Support Fee | $5.00 | $5.00 |
| Health and Wellness Fee | $20.00 | $20.00 |
| CSI Health and Wellness Fee | $10.00 | $10.00 |
| Career Services Fee | $10.00 | $10.00 |
| CSI Career Services Fee | $10.00 | $10.00 |
| Session Total | $8038.58 | $7215.58 |
| Year Total | $15254.16 |
| Description | Winter 2020 | Spring 2020 |
|---|---|---|
| International Program Tuition | $6250.00 | $0.00 |
| Recreation/Athletics Fee | $70.50 | $0.00 |
| Technology Enhancement Fee | $135.00 | $0.00 |
| Program Services Fee | $185.67 | $0.00 |
| Capital Development Fee | $74.83 | $0.00 |
| CSI Health Plan Fee | $197.65 | $0.00 |
| ISR | $375.00 | $0.00 |
| ONE Card Fee | $7.00 | $0.00 |
| CSI Legal Protection | $18.76 | $0.00 |
| CSI International Health Fee | $335.00 | $0.00 |
| CSI Advocacy Fee | $12.50 | $0.00 |
| CSI Event Fee | $40.00 | $0.00 |
| CSI Student Clubs | $3.50 | $0.00 |
| Locker Fee | $5.00 | $0.00 |
| Alumni Services | $5.00 | $0.00 |
| Student Spaces | $10.00 | $0.00 |
| Graduation fee | $15.00 | $0.00 |
| Academic Support Fee | $18.00 | $0.00 |
| CSI Academic Support Fee | $5.00 | $0.00 |
| Health and Wellness Fee | $20.00 | $0.00 |
| CSI Health and Wellness Fee | $10.00 | $0.00 |
| Career Services Fee | $10.00 | $0.00 |
| CSI Career Services Fee | $10.00 | $0.00 |
| Session Total | $7813.41 | $0.00 |
| Year Total | $7813.41 |
Financial Assistance
The Ontario Student Assistance Program (OSAP) is a needs-based program designed to help Ontario students cover the cost of post-secondary education. Funded by the federal and provincial governments, OSAP is intended to promote equality of opportunity for post-secondary studies through direct financial assistance for educational costs and living expenses. These interest-free loans are intended to supplement your financial resources and those of your family. The majority of students apply for loan assistance via the OSAP website. Students can also print the application booklet through the OSAP website.For more information, please visit Financial Services/Awards.
Graduate Opportunities
A wide variety of employment opportunities are available in insurance companies, independent adjusting firms, insurance brokers and agencies, and other business organizations.On average, 83% of graduates from the last three years (2015 to 2017) found employment within six months of graduation.
For more details on related occupations, job market information and career opportunities, see the Government of Canada website: https://www.jobbank.gc.ca/home
Pathways & Credit Transfer
Conestoga pathways enable students to build on their academic achievements in order to earn a degree or additional credential. Pathways are formed through agreements between Conestoga programs or partner institutions. View the transfer agreement opportunities for this program.Often applicants have earned credits from another college or university that may allow a student to be granted advanced standing or exemption. Learn more about credit transfer opportunities at Conestoga.
Prior Learning Assessment and Recognition (PLAR)
Conestoga recognizes prior learning of skills, knowledge or competencies that have been acquired through employment, formal and informal education, non-formal learning or other life experiences. Prior learning must be measurable at the required academic level and meet Conestoga standards of achievement. Challenge exams and portfolio development are the primary methods of assessment. Other methods of assessment may be available depending upon the nature of the course objectives. PLAR cannot be used by registered Conestoga students for the clearance of academic deficiencies, to improve grades or to obtain admission into a program.Learn more about PLAR.
Program Courses
| Course Code | Course Title and Description |
|---|---|
| Level 1 | |
| ACCT1030 | Introductory Financial Accounting I
Description: This course introduces accounting terminology, the accounting equation, the double-entry system of bookkeeping, the accrual basis of accounting, financial statements, and the ledgers and journals making up a basic accounting system. |
| COMM1085 | College Reading & Writing Skills
Description: This course focuses on the reading, writing and critical thinking skills needed for academic and workplace success. Students will analyse, summarize, and discuss a variety of readings and apply the steps of planning, writing, and revising in response to written prompts. This course prepares students for post-secondary writing tasks, research, and documentation. |
| COMP1056 | Business Computing Applications I
Description: During this course, the student will learn to effectively use Windows operating system, apply word processing techniques, create basic business presentations, and explore the power of spreadsheets . Students will also learn the skills necessary to operate effectively within the Conestoga College computing environment. An emphasis will be placed on the development of solutions to business problems using commonly available microcomputer tools. |
| CON0101 | Conestoga 101
Description: This self-directed course focuses on introducing new students to the supports, services, and opportunities available at Conestoga College. By the end of this course, students will understand the academic expectations of the Conestoga learning environment, as well as the supports available to ensure their academic success. Students will also be able to identify on-campus services that support their health and wellness, and explore ways to get actively involved in the Conestoga community through co-curricular learning opportunities. |
| INS1000 | Insurance Fundamentals
Description: As part of your evaluation, you will be required to become a member of the Insurance Institute of Canada and register for the applicable Insurance Institute National Exam. Additional charges will apply: $80.00 membership fee & $198.00 exam fee (+ HST). |
| MATH1010 | Business Mathematics I
Description: The purpose of the course is to provide the student with a mathematical basis for personal and business financial decisions through four instructional modules. The course stresses business applications using arithmetic, algebra, ratio-proportion and graphing. Applications include payroll, cost-volume-profit analysis and merchandising mathematics. This course stresses logical reasoning and problem solving skills. A Texas Instrument BAII “Plus” calculator is required for the course. |
| MKT1040 | Marketing I
Description: Marketing is about knowing the customers and the creative and strategic processes to meet their needs, wants and desires. This highly interactive course introduces you to the world of marketing from both a societal and organizational perspective. You will participate in a variety of hands-on practical activities and projects to immerse yourself in the fundamentals of marketing. |
| Level 2 | |
| BUS1021 | Organizational Behaviour
Description: Studying people and organizations, this course examines the behaviour of individuals working alone or in teams. Using actual examples, this course examines how behavioural factors affect organizational effectiveness. Note: This course is an approved |
| BUS2031 | Applied Ethics
Description: Emphasis is placed on the development of a critical process for making ethical decisions. There will be discussion on ethical controversies encountered in work environments - opportunities to explore personal values, code of ethics, and develop strategies to understand and respect the values and decisions of others. |
| ECON1030 | Macroeconomics
Description: This course is a study of the Canadian economy as a whole. It introduces students to principles that are essential to an understanding of contemporary macroeconomic issues facing Canadian society. It examines the structure and performance of the Canadian economy utilizing economic models and aggregate economic indicators such as gross domestic product, employment, unemployment, income and productivity growth, inflation, interest rates, exchange rates, balance of payments; and the impact of domestic and international influences and of government fiscal and monetary policies. |
| INS1010 | Insurance On Property
Description: This course focuses on all types of personal and commercial property insurance and sets a foundation for further insurance courses. Beginning with fundamental legal requirements, the course focuses on the principles involved with the Basic Fire Policy, and ultimately into present-day habitational insurance. Study broadens out to cover basic commercial insurance and the forms required for such risks. Completion of the course material will allow a student to challenge the Insurance Institute of Canada's national exam for Property Insurance (C12). |
| INS1020 | Personal Automobile Insurance
Description: This course focuses on personal automobile insurance across Canada. Emphasis is placed upon legislation related automobile insurance as well as specific policy wordings, endorsements and regulations. An overall comparison of various provincial programs is studied while a more detailed approach is utilized for the study of individual policies under Ontario automobile insurance. |
| Level 3 | |
| INS2000 | Insurance Against Liability
Description: To understand liability insurance, you must first know something of the law and the Canadian legal system and the differences between the common law and the Civil Code of Quebec. This is not a law course but it does introduce you to those legal principles that affect liability insurance. It discusses common ways people become liable to each other and explains how this liability may be insured or why it cannot be insured. |
| INS2010 | Essentials of Loss Adjusting
Description: The course focuses on insurance knowledge and conduct required of claims professionals. Students examine both the soft skills and technical skills which enhance the handling of insurance claims. Through a step-by-step process, students move from understanding claims situations and evaluation of policy coverage to determining how much of a claim is payable. Managing relationships in order to obtain critical information is discussed and students will also learn the fundamentals of investigation, evaluation, negotiation and settlement within the claims process. The types of claims examined include property, automobile and liability insurance. |
| INS2020 | Underwriting Essentials
Description: This course focuses on the essential skills required of an entry-level underwriter. Students begin with an overview of an underwriter's role as an investor of shareholder capital on behalf of an insurer and discuss the process of accepting and rejecting risk within parameters set by the insurer and imposed by the external environment. "Hard" skills, "soft" skills, and underwriting temperament are profiled and specifically applied in the analysis of individual property, automobile, and liability risks. |
| MKT2080 | Sales
Description: This course focuses on the buying/selling of a product, service or idea. Students will develop professional selling skills based on practical techniques and scenarios to implement Relationship Selling. The focus is on Business to Business (B2B) selling with the student acquiring the ability to utilize the structured selling process. This course is also designed to develop and refine the student's presentation and networking skills. |
|
Electives: General Education
Student must complete a minimum of 84 Hours | |
| Level 4 | |
| INS1030 | Fraud Awareness and Prevention
Description: This course focuses on learning how fraud may arise with respect to insurance policies and what initiatives the insurance industry has advanced to fight such fraudulent practices. The dollar cost of fraud to individuals and the industry is discussed, as well as the laws that affect how insurers must handle claims adjustment and settlement. Property, automobile and liability claims are covered. New business and renewals and the underwriting of each are discussed from the perspective of “red flags” which may indicated potential fraud at the beginning stages of an insurance contract. |
| INS2030 | Essential Skills for the Insurance Broker and Agent
Description: This course is an overview of insurance business practices from the broker/agent's perspective and concentrates on the needs of both personal lines and small commercial risk clients. Students are given insights into the skills that a typical intermediary uses to perform effectively from initial contact with a client through the evaluation and application process, to binding and policy documents. All major insurance product lines and common policy transactions that a broker/agent may handle are reviewed. |
| INS2050 | Integrated Insurance Applications
Description: The course is designed to provide the student with an appreciation of the purpose and meaning to the insurance industry's existence. It exposes students to the challenges confronting senior management and moves into philosophical issues related to the insurance industry, such as the role of insurance in society and the manner in which business is carried out. Students examine the structure of the industry, the interdependence of its members, the forces which shape the marketplace and the way in which insurance is regulated. Economic issues surrounding insurance and pricing of product & service are also studied. The financial management of insurance companies is discussed and concludes with the importance of ethics and professionalism at all levels of the insurance industry. |
| INS2060 | Bodily Injury Claims
Description: This course introduces the basics of human anatomy and physiology and how they are important to the insurance adjuster. The investigative process is outlined and the factors involved in claim evaluation and negotiation are considered. Key topics include injuries that are likely to be encountered and the medical treatment normally prescribed, interpretation of medical reports, as well as rehabilitation and the role of the adjuster in the process. |
| INS2130 | Advanced Underwriting
Description: The course will provide an overview of the underwriter's role as an investor of shareholder capital. The course will examine how the underwriter role has evolved and how the underwriter accepts or rejects risk for the insurer within parameters both set by the insurer and imposed by the external environment. |
|
Electives: General Education
Student must complete a minimum of 42 Hours | |
| Course Code | Course Title and Description |
|---|---|
| Level 1 | |
| ACCT1030 | Introductory Financial Accounting I
Description: This course introduces accounting terminology, the accounting equation, the double-entry system of bookkeeping, the accrual basis of accounting, financial statements, and the ledgers and journals making up a basic accounting system. |
| COMM1085 | College Reading & Writing Skills
Description: This course focuses on the reading, writing and critical thinking skills needed for academic and workplace success. Students will analyse, summarize, and discuss a variety of readings and apply the steps of planning, writing, and revising in response to written prompts. This course prepares students for post-secondary writing tasks, research, and documentation. |
| COMP1056 | Business Computing Applications I
Description: During this course, the student will learn to effectively use Windows operating system, apply word processing techniques, create basic business presentations, and explore the power of spreadsheets . Students will also learn the skills necessary to operate effectively within the Conestoga College computing environment. An emphasis will be placed on the development of solutions to business problems using commonly available microcomputer tools. |
| CON0101 | Conestoga 101
Description: This self-directed course focuses on introducing new students to the supports, services, and opportunities available at Conestoga College. By the end of this course, students will understand the academic expectations of the Conestoga learning environment, as well as the supports available to ensure their academic success. Students will also be able to identify on-campus services that support their health and wellness, and explore ways to get actively involved in the Conestoga community through co-curricular learning opportunities. |
| INS1000 | Insurance Fundamentals
Description: As part of your evaluation, you will be required to become a member of the Insurance Institute of Canada and register for the applicable Insurance Institute National Exam. Additional charges will apply: $80.00 membership fee & $198.00 exam fee (+ HST). |
| MATH1010 | Business Mathematics I
Description: The purpose of the course is to provide the student with a mathematical basis for personal and business financial decisions through four instructional modules. The course stresses business applications using arithmetic, algebra, ratio-proportion and graphing. Applications include payroll, cost-volume-profit analysis and merchandising mathematics. This course stresses logical reasoning and problem solving skills. A Texas Instrument BAII “Plus” calculator is required for the course. |
| MKT1040 | Marketing I
Description: Marketing is about knowing the customers and the creative and strategic processes to meet their needs, wants and desires. This highly interactive course introduces you to the world of marketing from both a societal and organizational perspective. You will participate in a variety of hands-on practical activities and projects to immerse yourself in the fundamentals of marketing. |
| Level 2 | |
| BUS1021 | Organizational Behaviour
Description: Studying people and organizations, this course examines the behaviour of individuals working alone or in teams. Using actual examples, this course examines how behavioural factors affect organizational effectiveness. Note: This course is an approved |
| BUS2031 | Applied Ethics
Description: Emphasis is placed on the development of a critical process for making ethical decisions. There will be discussion on ethical controversies encountered in work environments - opportunities to explore personal values, code of ethics, and develop strategies to understand and respect the values and decisions of others. |
| CEPR1020 | Co-op and Career Preparation
Description: This series of modules will prepare students for job searching for their co-op work terms and for their future careers. Students will familiarize themselves with the co-operative education policies and procedures and will learn the expectations, rules, and regulations that apply in the workplace regarding social, organizational, ethical, and safety issues while developing an awareness of self-reflective practices. Students will reflect on their skills, attitudes, and expectations and examine available opportunities in the workplace. Successful completion of these modules is a requirement for co-op eligibility. |
| ECON1030 | Macroeconomics
Description: This course is a study of the Canadian economy as a whole. It introduces students to principles that are essential to an understanding of contemporary macroeconomic issues facing Canadian society. It examines the structure and performance of the Canadian economy utilizing economic models and aggregate economic indicators such as gross domestic product, employment, unemployment, income and productivity growth, inflation, interest rates, exchange rates, balance of payments; and the impact of domestic and international influences and of government fiscal and monetary policies. |
| INS1010 | Insurance On Property
Description: This course focuses on all types of personal and commercial property insurance and sets a foundation for further insurance courses. Beginning with fundamental legal requirements, the course focuses on the principles involved with the Basic Fire Policy, and ultimately into present-day habitational insurance. Study broadens out to cover basic commercial insurance and the forms required for such risks. Completion of the course material will allow a student to challenge the Insurance Institute of Canada's national exam for Property Insurance (C12). |
| INS1020 | Personal Automobile Insurance
Description: This course focuses on personal automobile insurance across Canada. Emphasis is placed upon legislation related automobile insurance as well as specific policy wordings, endorsements and regulations. An overall comparison of various provincial programs is studied while a more detailed approach is utilized for the study of individual policies under Ontario automobile insurance. |
| Level 3 | |
| COOP1460 | Co-op Work Term (Insurance-Property/Casualty)
Description: This co-op work term will provide students with college-approved work experience in an authentic, professionally relevant work environment. Students will be provided the opportunity to connect theory and practice by leveraging their academic training to develop a broad base of vocational skills. The practical applications of this work term will promote students' awareness of key concepts and terminology in their field, cultivate their problem-solving and decision-making capabilities, encourage their development of professional autonomy and collaboration, and enhance their capacity to analyze and reflect on their demonstrated abilities in the workplace. |
| Level 4 | |
| INS2000 | Insurance Against Liability
Description: To understand liability insurance, you must first know something of the law and the Canadian legal system and the differences between the common law and the Civil Code of Quebec. This is not a law course but it does introduce you to those legal principles that affect liability insurance. It discusses common ways people become liable to each other and explains how this liability may be insured or why it cannot be insured. |
| INS2010 | Essentials of Loss Adjusting
Description: The course focuses on insurance knowledge and conduct required of claims professionals. Students examine both the soft skills and technical skills which enhance the handling of insurance claims. Through a step-by-step process, students move from understanding claims situations and evaluation of policy coverage to determining how much of a claim is payable. Managing relationships in order to obtain critical information is discussed and students will also learn the fundamentals of investigation, evaluation, negotiation and settlement within the claims process. The types of claims examined include property, automobile and liability insurance. |
| INS2020 | Underwriting Essentials
Description: This course focuses on the essential skills required of an entry-level underwriter. Students begin with an overview of an underwriter's role as an investor of shareholder capital on behalf of an insurer and discuss the process of accepting and rejecting risk within parameters set by the insurer and imposed by the external environment. "Hard" skills, "soft" skills, and underwriting temperament are profiled and specifically applied in the analysis of individual property, automobile, and liability risks. |
| MKT2080 | Sales
Description: This course focuses on the buying/selling of a product, service or idea. Students will develop professional selling skills based on practical techniques and scenarios to implement Relationship Selling. The focus is on Business to Business (B2B) selling with the student acquiring the ability to utilize the structured selling process. This course is also designed to develop and refine the student's presentation and networking skills. |
|
Electives: General Education
Student must complete a minimum of 84 Hours | |
| Level 5 | |
| INS1030 | Fraud Awareness and Prevention
Description: This course focuses on learning how fraud may arise with respect to insurance policies and what initiatives the insurance industry has advanced to fight such fraudulent practices. The dollar cost of fraud to individuals and the industry is discussed, as well as the laws that affect how insurers must handle claims adjustment and settlement. Property, automobile and liability claims are covered. New business and renewals and the underwriting of each are discussed from the perspective of “red flags” which may indicated potential fraud at the beginning stages of an insurance contract. |
| INS2030 | Essential Skills for the Insurance Broker and Agent
Description: This course is an overview of insurance business practices from the broker/agent's perspective and concentrates on the needs of both personal lines and small commercial risk clients. Students are given insights into the skills that a typical intermediary uses to perform effectively from initial contact with a client through the evaluation and application process, to binding and policy documents. All major insurance product lines and common policy transactions that a broker/agent may handle are reviewed. |
| INS2050 | Integrated Insurance Applications
Description: The course is designed to provide the student with an appreciation of the purpose and meaning to the insurance industry's existence. It exposes students to the challenges confronting senior management and moves into philosophical issues related to the insurance industry, such as the role of insurance in society and the manner in which business is carried out. Students examine the structure of the industry, the interdependence of its members, the forces which shape the marketplace and the way in which insurance is regulated. Economic issues surrounding insurance and pricing of product & service are also studied. The financial management of insurance companies is discussed and concludes with the importance of ethics and professionalism at all levels of the insurance industry. |
| INS2060 | Bodily Injury Claims
Description: This course introduces the basics of human anatomy and physiology and how they are important to the insurance adjuster. The investigative process is outlined and the factors involved in claim evaluation and negotiation are considered. Key topics include injuries that are likely to be encountered and the medical treatment normally prescribed, interpretation of medical reports, as well as rehabilitation and the role of the adjuster in the process. |
| INS2130 | Advanced Underwriting
Description: The course will provide an overview of the underwriter's role as an investor of shareholder capital. The course will examine how the underwriter role has evolved and how the underwriter accepts or rejects risk for the insurer within parameters both set by the insurer and imposed by the external environment. |
|
Electives: General Education
Student must complete a minimum of 42 Hours | |
Program Outcomes
- Determine the function and role of property and casualty insurance in business and society.
- Discuss the organization, structure, and roles and responsibilities associated with property and casualty insurance companies.
- Analyze the coverage and policies currently available through companies providing property and casualty insurance.
- Adhere to principles, processes and procedures used in adjusting losses, settling claims and explaining and completing documentation specific to property and casualty insurance.
- Evaluate the factors affecting the acceptance and underwriting of property and casualty insurance risks.
- Use computer skills towards completion of business and other associated tasks.
- Develop appropriate working relationships using knowledge of property and casualty insurance, customer service skills, and interpersonal communications.
- Apply basic economic principles to business.
- Discuss the legal system and legislation affecting business in general and the property and casualty insurance business specifically.
- Apply marketing and sales techniques to property and casualty insurance situations.
- Discuss the issues and concerns regarding business corporate responsibility in an insurance environment.
- Determine the uses, endorsements, coverage, contracts, policies and legislation associated with property and casualty insurance.
Program Advisory Committees
The College appoints Program Advisory Committee members for diploma, degree, certificate and apprenticeship programs. Committees are composed of employers, practitioners and recent program graduates. College representatives (students, faculty, and administrators) are resource persons. Each committee advises the Board on the development of new programs, the monitoring of existing programs and community acceptance of programs.For a list of the current members, please visit our Program Advisory Committees.
Program Handbook
Apply Now
Domestic students should apply online at www.ontariocolleges.ca or by phone at 1-888-892-2228. OntarioColleges.ca 60 Corporate Court Guelph, Ontario Canada N1G 5J3. Detailed steps on the application process may help you to apply.International students should apply online using the Ontario Colleges.ca International applicant portal. Please note that not all programs are open to international students; check the list of open programs on our International Student Programs web page before applying.
Disclaimer
The College reserves the right to alter information including requirements and fees and to cancel at any time a program, course, or program major or option; to change the location and/or term in which a program or course is offered; to change the program curriculum as necessary to meet current competencies in the job market or for budgetary reasons; or to withdraw an offer of admission both prior to and after its acceptance by an applicant or student because of insufficient applications or registrations, over-acceptance of offers of admission, budgetary constraints, or for other such reasons. In the event the College exercises such a right, the College’s sole liability will be the return of monies paid by the applicant or student to the College.
Students actively registered in cohort delivered programs who take longer than the designed program length of time to complete their studies are accountable for completing any new or additional courses that may result due to changes in the program of study. Unless otherwise stated, students registered in non-cohort delivered programs must complete the program of study within seven years of being admitted to the program.
| Start Date | Campus | Status** |
|---|---|---|
| SEP, 2020 | Kitchener - Doon | Open |
Program status for international students
Program Affiliations
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