Chartered Insurance Professional (CIP)
A professional designation granted by the the Insurance Institute of Canada to insurance agents in the property and casual segments of the industry. The designation was created to promote a standard in the field and gives agents professional standing in the field for the benefit of both employers and clients. Investopedia Says:
To obtain certification the applicant needs to write and pass 10 exams given by the institute. Once the certification is obtained the applicant must pay a yearly membership fee to retain the certification. Related Terms:
Certified Financial Planner (TM) - CFP (TM)
Certified Investment Management Specialist - CIMS
Chartered Financial Analyst - CFA
Chartered Investment Councelor - CIC
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