The Business – Insurance (BIN) diploma program at Seneca Polytechnic prepares students for rewarding careers in Canada's property and casualty insurance industry.
Developed in partnership with the Insurance Institute of Canada (IIC), the program combines business fundamentals with specialized insurance knowledge. Students gain practical skills in underwriting, claims handling, brokerage operations, client advising and risk management.
Graduates are prepared for careers in insurance companies, brokerage firms, financial services organizations and risk management departments while also gaining a pathway toward the internationally recognized Chartered Insurance Professional (CIP) designation.
- Academic Requirement: • Ontario Secondary School Diploma (OSSD) or equivalent. • International applicants must have successfully completed Grade 12 or equivalent secondary education. • Complete secondary school transcripts and graduation certificate are required. • Interest in insurance, risk management, finance and customer service is beneficial.
- ELP Requirement: • IELTS Academic: Overall 6.0 with no band below 5.5 • PTE Academic: 58 • Duolingo English Test: 105–110 • TOEFL iBT: Minimum 20/30 in each skill • CAEL: 60 • Cambridge English: 169 with no skill below 162
- Special Requirement: • Program is offered in cooperation with the Insurance Institute of Canada (IIC). • Students learn insurance brokerage, underwriting, claims management and risk assessment. • Optional Co-op stream (BINC) available for eligible students. • Additional fees apply for participation in the optional co-op stream. • Graduates may earn up to eight credits toward the Chartered Insurance Professional (CIP) designation. • Professional certification exams require additional fees and successful completion of IIC requirements.
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Students whose study permit applications are still pending may request a deferral to the next available intake, provided the request is submitted before Day 10 of classes and the program is available. Deferrals are granted only once.
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Students awaiting an IRCC decision must still meet the deferral deadline. Requests submitted after Day 10 of classes will not be approved solely because a study permit decision is pending.
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Students may alternatively withdraw and apply for a refund by submitting the required withdrawal form and supporting documentation. Applicable administrative fees may be deducted.
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If a study permit application is refused, students may defer their admission and request a new Provincial Attestation Letter (PAL) to support a future study permit application. PAL issuance is subject to availability and cannot be guaranteed.
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Refund requests due to study permit refusal must include a copy of the official IRCC refusal letter and be submitted within 14 days of the refusal date.
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Only the refusal letter associated with the intake being withdrawn from will be considered for refund eligibility.
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Students whose second study permit application is refused before the start of classes may still qualify for a refund, subject to Seneca’s refund policy.
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Deferral requests are subject to program availability, and late requests may require a written appeal.
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Approved late deferrals may be subject to a CAD $200 late fee.
- Application Fee: $90
- LOA Deposit: $0
- Annual Tuition Fee: $15,783
- Total Tuition Fee: $31,961
- Course Duration: 2 Years
- Credentials: Diploma
- Intake: September 2026
• Valid Passport (Photo and Signature Pages)
• Complete Secondary School Transcripts (All Years)
• Secondary School Graduation Certificate
• Official English Translation of Documents (if applicable)
• Proof of English Language Proficiency (IELTS, PTE, TOEFL, Duolingo, CAEL or Cambridge English)
• CAD $90 Non-Refundable Application Fee
• Updated Resume / CV (Recommended)
• Statement of Purpose (Recommended)
• International Student Application Cancellation Form (Required only if changing agents)
• Documents must be uploaded in PDF, JPG, JPEG, PNG, TIFF or GIF format
• Maximum file size allowed per document is 10 MB
• Admission is subject to academic eligibility, document verification and seat availability
• Students interested in the optional co-op stream must meet eligibility requirements
• Early application is recommended due to limited seat availability