IFSE Institute LLQP Exam Topics
IFSE Institute LLQP Exam Overview :
| Exam Name: | Life License Qualification Program (LLQP) |
| Exam Code: | LLQP |
| Certifications: | IFSE Institute Life License Qualification Program Certification |
| Actual Exam Duration: | 75 minutes per module minutes |
| Expected no. of Questions in Actual Exam: | 30 |
| See Expected Questions: | IFSE Institute LLQP Expected Questions in Actual Exam |
IFSE Institute LLQP Exam Objectives :
| Section | Objectives |
|---|---|
| Life Insurance | This section of the exam measures the skills of insurance professionals, such as financial advisors or life insurance agents, and covers the economic implications of death. It explains how life insurance can address financial needs and teaches about different types of life insurance products, their features, and benefits. |
| Accident and Sickness Insurance | This part of the exam is designed for insurance professionals, particularly those offering individual and group health insurance products, such as insurance brokers or agents. It focuses on providing financial protection in the event of serious illness or injury. The module explores various types of accident and sickness (A&S) insurance, including disability insurance, critical illness, long-term care, and extended health coverage. |
| Segregated Funds and Annuities | This module targets financial planners, measuring their knowledge of saving and investing strategies crucial to retirement and investment planning. It covers segregated funds and annuities, highlighting their unique features, benefits, and tax considerations. |
| Ethics and Professional Practice | This section is intended for life insurance professionals, focusing on their legal responsibilities and ethical duties. It covers the legal framework governing life insurance in common law provinces and territories (excluding Québec) and emphasizes the professional responsibilities required to maintain integrity and ethical standards within the insurance industry. |
| Official Information | https://www.ifse.ca/courselist/life-license-qualification-program-llqp/ |
Updates in the IFSE Institute LLQP Exam Topics:
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