Tag Archives: Study

CAIB Study Tip # 7 – Look for Information Clusters

The Insurance Brokers Association of Canada (IBAC,) who creates the exams, are not trying to trick you with you exam even if it may seem like they are at times. IBAC is simply testing you to ensure that you know your stuff. Because of this, taking a calm approach to the exam will help you find success.

Some of the key information to keep in mind includes:

• Information in the exam tends to be in the order of the text book. Therefore if you are not sure if the question is referring to a Farm or Liability chapter, take a moment to think about where the chapter was in the book. If Farm was one of the last chapters but this question is one of the first in the exam, you are likely not looking at a question on Farm Insurance.

• Throughout the text, you will notice that many pieces of information are set up as little clusters which 3-6 point in each. As questions on the exam are 3 mark questions, these nuggets of information are always a good indicator of what information are key topics that you should definitely study.

• Many exam questions are created in a very similar format to the Chapter Checkpoints found at the end of each chapter. These are great questions to study from as they will help you understand how questions will be worded on the exam.

If you are nervous when you open your exam booklet, you need to calm yourself before beginning. Taking a moment read through the entire exam will give you time to focus before you begin writing. It can also help your subconscious start formulating answers to questions without you even realizing it.

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CAIB Study Tip # 6 – Surround Yourself with Learning

Our world is constantly bombarding us with new information – products on TV, music on the radio, ads while surfing the internet. And trends show that this method actually works so why no use it for your educational advantage!

Create a 24-hour learning environment by putting up review charts and points where you can see them daily – on mirrors, doors, fridge, bathroom, television, or bedside table. Even putting a few definitions on sticky notes which are placed on your monitor at work will have you constantly looking at them while you are working which will help the definition stick in your mind.

If possible, even look at purchasing a white board and dry erase markers, so you can test your recall by reproducing the mind maps which you can use to chart out the information from a chapter in a visual format. Many dollar stores even sell large poster paper which can be used for the same purpose. As well, use bright-colored markers, include images when making your notes can help to trigger your memory and most of all, have fun.

Looking for individual help preparing for the CAIB or CPIB exams? IBAM is hosting informal study groups building up to the December 2013 exam sitting. Contact the IBAM office for more information on how to register.

Study Group Registration Form