Chartered Insurance Professional - CIP
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Definition of '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.
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Investopedia explains 'Chartered Insurance Professional - CIP'
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.
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The CFA designation is seen as the key certification for investment professionals. Find out what the CFA signifies for candidates and investors.
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