LLQP Insurance Licensing in New Brunswick
If you are planning to become a life insurance advisor in New Brunswick, you will need to complete the LLQP, pass the required exams, find a sponsoring insurer and apply for your provincial licence.
New Brunswick participates fully in the harmonized LLQP framework, so the overall licensing process is similar to other Canadian provinces. There are also some New Brunswick specific considerations, particularly around bilingual practice and serving clients across Atlantic Canada.
Here is the 2026 walkthrough.
The New Brunswick Regulator
Insurance licensing in New Brunswick is handled by the Financial and Consumer Services Commission of New Brunswick (FCNB).
FCNB regulates insurance, securities, mortgage brokers and other financial services in the province. The Commission was established in 2013 through the consolidation of several provincial regulatory bodies.
FCNB contact: 1 866 933 2222
Website: fcnb.ca
FCNB participates in the Canadian Insurance Services Regulatory Organizations (CISRO) framework and uses the harmonized LLQP curriculum.
Step 1: Complete an Approved LLQP Course
Before you can write the LLQP exams, you must complete an approved LLQP course. New Brunswick accepts courses from CISRO approved providers, including Advocis, ILScorp, IFSE Institute, Oliver’s Learning and Business Career College.
Our recommended provider is Oliver’s Learning. We recommend Oliver’s Learning for its exam focused approach and strong practice question bank. You can enrol directly through our agency link above.
The course covers four standard modules:
- Life Insurance
- Accident and Sickness Insurance
- Segregated Funds and Annuities
- Ethics and Professional Practice
Plan for approximately 60 to 80 hours of study. Course costs generally range from $350 to $750 depending on the provider and level of support.
Studying in French
New Brunswick is Canada’s only officially bilingual province, and the LLQP is available in both English and French.
If you plan to complete your course or exam in French, confirm the language options with your provider before enrolling. Some providers offer more extensive French language study materials and support than others.
Step 2: Write the LLQP Exam
After completing your course requirements, you can book your LLQP exams through the approved exam delivery process.
Physical testing locations may be available in communities such as Moncton, Fredericton and Saint John. Online proctored options may also be available depending on current exam delivery arrangements. The four modules are separate exams, so you can write them together or spread them across multiple dates.
The LLQP uses the harmonized national exam structure and passing requirements. If you fail a module, you must wait the required period before attempting it again. Exam fees vary, so confirm the current fee when booking your exam.
Step 3: Find a Sponsoring Insurer
Passing the LLQP doesn’t automatically make you a licensed insurance advisor, you need a sponsoring insurer to support your licence application. Your sponsor confirms it’s willing to appoint you and submits or supports the required licensing documentation. You can work with a direct insurance carrier or a Managing General Agency (MGA); either path works, and the right one depends on how you want to build your business.
If you’re not sure where to start, our recruiting team can walk you through the options and make an introduction – no cost, no obligation.
Step 4: Submit Your Licence Application
Once you have completed your LLQP requirements and secured sponsorship, you can submit your application to FCNB.
Your application may require:
- Proof of LLQP exam completion
- Sponsoring insurer information or attestation
- Criminal record or background check
- Application fee
- Errors and omissions insurance
- Character disclosure
- Information about any relevant bankruptcies, judgments or previous licensing issues
Processing times vary depending on application volume and whether your application is complete. Allow several weeks for processing and make sure all required documentation is submitted together.
Step 5: Receive Your New Brunswick Licence
Once FCNB approves your application, you will receive your New Brunswick insurance licence. You can then conduct the insurance activities authorized by your licence, subject to your sponsoring arrangement and applicable regulatory requirements.
Your New Brunswick licence is provincial. If you want to serve clients in another province, you may need to obtain a non resident licence there.
Atlantic Reciprocity
One of the advantages of being licensed in New Brunswick is the ability to expand your practice across Atlantic Canada. If you want to serve clients in Nova Scotia, Prince Edward Island or Newfoundland and Labrador, you can apply for the appropriate non resident licences.
The harmonized LLQP framework means you generally do not need to rewrite the LLQP when obtaining an additional provincial licence. However, you still need to meet the individual province’s application requirements and pay the applicable fees.
Many Atlantic advisors hold multiple provincial licences because clients frequently move between provinces for work, retirement and family reasons.
Renewing Your New Brunswick Licence
Your New Brunswick licence must be renewed according to the requirements established by FCNB.
Renewal generally involves:
- Completing the required continuing education
- Maintaining sponsorship
- Maintaining E&O coverage
- Paying the renewal fee
- Remaining in good standing
CE requirements can vary depending on your licence class. Confirm the current FCNB requirements when preparing for renewal.
New Brunswick Specific Considerations
Bilingual Practice
New Brunswick’s bilingual population creates opportunities for advisors who can work comfortably in both English and French.
French language services can be particularly valuable in northern and eastern parts of the province. If you are bilingual, this can help you reach clients who prefer to conduct financial and insurance planning in French.
A Smaller Market
New Brunswick has a population of roughly 800,000, so the market is considerably smaller than Ontario or British Columbia.
Referrals and reputation can be especially important in smaller communities. Developing relationships with local professionals and existing clients can be an effective way to build your practice.
Atlantic Regional Practice
Many advisors in New Brunswick serve clients beyond the province’s borders. Clients may live in New Brunswick while working in Nova Scotia, maintain property in Prince Edward Island or move between Atlantic provinces during retirement.
If you expect to work with clients across provincial borders, consider obtaining additional non resident licences as your practice grows.
Rural and Remote Clients
New Brunswick has communities that are several hours from the province’s major urban centres. Virtual appointments, electronic applications and remote underwriting have made it easier for advisors to serve clients without requiring frequent travel. A combination of virtual and in person service can work particularly well in rural markets.
Common Mistakes in New Brunswick
Underestimating the Value of French
If you are able to provide service in both English and French, make it part of your marketing and client experience. Bilingual service can be a meaningful differentiator.
Ignoring Cross Provincial Licensing
If your clients regularly move between New Brunswick and other Atlantic provinces, determine whether additional non resident licences would allow you to continue serving them.
Choosing a Sponsor Without Comparing Options
Your sponsoring organization can have a major impact on your first few years in the industry. Interview several potential sponsors and compare their contracts before making a decision.
Waiting Until the Last Minute for CE
Keep track of your continuing education throughout the year. Do not rely entirely on your sponsor to remind you about every compliance deadline.
New Brunswick Continuing Education
Licensed advisors must complete the continuing education requirements that apply to their licence class. CE generally needs to come from approved education providers, and ethics education may form part of the annual requirement. Keep copies of your completion certificates and track your credits throughout the year.
Before completing a course for licence renewal, confirm that it qualifies for your New Brunswick licence.
Key Takeaway
Getting your life insurance licence in New Brunswick follows the same basic path as most Canadian provinces:
Complete the LLQP course → Pass the four exams → Find a sponsor → Apply for your New Brunswick licence → Maintain your licence and CE.
Plan several months for the process if you are studying part time. If you are bilingual or plan to work with clients across Atlantic Canada, New Brunswick can offer some unique opportunities.
Choosing the right sponsor is also important. Compare commission structures, training, carrier access, case support, E&O arrangements and book ownership before signing a contract.
Frequently Asked Questions
How long does New Brunswick licensing take?
Most candidates should plan for roughly 8 to 14 weeks from starting their LLQP course to receiving their licence, assuming they pass the exams on their first attempt and have a sponsor ready.
How much does it cost to get licensed in New Brunswick?
A reasonable starting budget is approximately $1,000 to $1,700 for the course, exam fees, licensing application, background check and E&O insurance. Your actual costs will depend on your course provider and sponsoring organization.
Can I write the LLQP exam in French in New Brunswick?
Yes. The LLQP is available in both English and French. Confirm the language options with your course provider and exam administrator before booking.
Do I need to live in New Brunswick to get a licence?
Not necessarily. Non residents may be able to obtain a New Brunswick licence if they meet the provincial requirements and have an appropriate sponsoring arrangement.
Do I need to rewrite the LLQP to get licensed in another Atlantic province?
Generally, no. The harmonized LLQP is recognized across participating Canadian jurisdictions. However, you still need to apply for the appropriate licence in each additional province and meet its requirements.
What is the continuing education requirement in New Brunswick?
The exact requirement depends on your licence class and current FCNB rules. Confirm the current CE requirements when preparing for renewal.
For a national overview of the licensing process and side by side comparisons of requirements across Canada, see our LLQP Canada Complete Guide.