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The difference between the CAIB 1 exam & Fundamentals of Insurance exam?

The main difference is the layout of the exams.

  • The 2 exams cover pretty much the same topics.  A significant difference between the 2 is the format of the exams.  The Fundamentals exam is 100 multiple choice questions.  The CAIB 1 exam contains definitions, multiple choice, and short answer questions.  Click here to learn more about how the CAIB exams are formatted.