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chartered insurance professional

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Financial Dictionary

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 Commentary

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 Links

The Alphabet Soup Of Financial Certifications
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See also: Certified Financial Planner (TM) - CFP (TM), Certified Investment Management Specialist - CIMS, Chartered Financial Analyst - CFA, Chartered Investment Councelor - CIC, Insurance

Also spelled: CIP

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