Qualifications for licence
 4. (1) An applicant for a licence shall be granted a licence if the Chief Executive Officer is satisfied that the applicant, (a)  is of good character and reputation; (b)  is possessed of a reasonable educational background, if the applicant is an individual; (c)  if previously employed or engaged in business, has a satisfactory record in the employment or business; (d)  has completed a course acceptable to the Chief Executive Officer for the Life Licence Qualification Program and passed the examination approved by the Chief Executive Officer for the Program, if the applicant is an individual and is applying for a life insurance licence; (e)  has completed the accident and sickness component of a course acceptable to the Chief Executive Officer for the Life Licence Qualification Program and passed the examination approved by the Chief Executive Officer that relates to that component of the Program, if the applicant is an individual and is applying for an accident and sickness insurance licence; (f)  has passed a qualifying examination approved by the Chief Executive Officer for the purpose, if the applicant is an individual and is applying for a general insurance licence; (g)  continues to have the qualifications tested by the examination referred to in clause (d), the examination referred to in clause (e) or the examination referred to in clause (f), as the case may be, if the applicant is an individual who previously held a licence of the class he or she is applying for but does not currently hold a licence of that class; (h)  is not engaged in any business or occupation that would jeopardize the applicant’s integrity, independence or competence as an agent; (i)  is otherwise a suitable person to receive a licence; (j)  intends to hold himself, herself or itself out publicly and carry on business in good faith as an agent; (k)  has not made the application for the purpose of obtaining a licence to act as an agent in respect of any particular risk or risks or directly or indirectly to obtain an agent’s commission for insurance on the applicant’s own life or property or on the lives or property of the applicant’s family, employer or fellow employees; and (l)  has a mailing address in Ontario that is known to the Chief Executive Officer, that is not a post office box and that is suitable to permit service by registered mail.  O. Reg. 347/04, s. 4 (1); O. Reg. 145/19, s. 3. (2) An individual may be granted a licence even if he or she does not meet the qualifications described in clause (1) (d), (e) or (f) if the Chief Executive Officer is satisfied that the individual has qualifications equivalent to the qualifications described in clause (1) (d), (e) or (f), as the case may be.  O. Reg. 347/04, s. 4 (2); O. Reg. 145/19, s. 3. (2.1) An individual shall be deemed, for the purposes of clause 4 (1) (d) only, to meet the qualifications described in that clause if he or she is applying for the renewal of a life insurance licence and the Chief Executive Officer is satisfied that the individual was previously deemed to have met the qualifications. O. Reg. 261/14, s. 2; O. Reg. 145/19, s. 3. (2.2) An individual shall be deemed, for the purposes of clause 4 (1) (e) only, to meet the qualifications described in that clause if he or she is applying for the renewal of an accident and sickness insurance licence and the Chief Executive Officer is satisfied that the individual was previously deemed to have met the qualifications. O. Reg. 261/14, s. 2; O. Reg. 145/19, s. 3. (2.3) An individual shall be deemed, for the purposes of clause 4 (1) (g) only, to continue to have the qualifications tested by the examination referred to in clause 4 (1) (d) if, (a)  the Chief Executive Officer is satisfied that the individual continues to have the qualifications tested by the Level II life insurance examination; and (b)  the individual, (i)  previously passed that examination, or (ii)  was previously determined by the Chief Executive Officer to have the qualifications tested by that examination. O. Reg. 261/14, s. 2; O. Reg. 145/19, s. 3. (2.4) An individual shall be deemed, for the purposes of clause 4 (1) (g) only, to continue to have the qualifications tested by the examination referred to in clause 4 (1) (e) if, (a)  the Chief Executive Officer is satisfied that the individual continues to have the qualifications tested by the examination approved by the Chief Executive Officer for individuals who applied before January 1, 2003 to write the examination for accident and sickness insurance licenses; and (b)  the individual, (i)  previously passed that examination, or (ii)  was previously determined by the Chief Executive Officer to have the qualifications tested by that examination. O. Reg. 261/14, s. 2; O. Reg. 145/19, s. 3. (3) An individual shall be granted a licence even if he or she does not meet the qualifications described in clause (1) (d), (e) or (f) if, (a)  the individual is a resident of a province, other than Ontario, or territory of Canada that is a party to the Agreement on Internal Trade as defined in subsection 2 (1) of the Ontario Labour Mobility Act, 2009; (b)  the individual produces a certificate in good standing from the authority that licences or regulates insurance agents in the province or territory in which the individual resides that certifies that the individual is licensed for the class of insurance for which the application is made; (c)  the individual demonstrates knowledge of matters applicable to practising as an insurance agent in Ontario, if this is required by the Chief Executive Officer of all applicants under this subsection, and if so required, in the manner required by the Chief Executive Officer, which shall not include material additional training, experience, examinations or assessments; and (d)  the individual complies with any requirements for insurance agents that are listed on the website of the Ministry of Training, Colleges and Universities or other website specified in a regulation made under the Ontario Labour Mobility Act, 2009
pursuant to subsection 9 (3) of that Act.  O. Reg. 297/11, s. 1; O. Reg. 145/19, s. 3. (4) Despite subsection (3), if an individual’s certificate referred to in clause (3) (b) is subject to a condition, the Chief Executive Officer may, (a)  impose an equivalent condition on the agent’s licence issued to the individual; or (b)  refuse to issue an agent’s licence to the individual, if the Chief Executive Officer cannot impose an equivalent condition on the agent’s licence.  O. Reg. 297/11, s. 1; O. Reg. 145/19, s. 3. (5) An individual may be granted a licence even if he or she does not meet the qualifications described in clause (1) (d), (e) or (f) if, (a)  the individual is a resident of a state of the United States; (b)  the individual produces a certificate in good standing from the authority that licences or regulates insurance agents in the state in which the individual resides that certifies that the individual is licensed for the class of insurance for which the application is made; and (c)  the individual demonstrates knowledge of matters applicable to practising as an insurance agent in Ontario, if required by the Chief Executive Officer, and if so required, in the manner required by the Chief Executive Officer.  O. Reg. 297/11, s. 1; O. Reg. 145/19, s. 3.