LICENSING &CERTIFICATION

Life Licence Qualification Program (LLQP)

What the LLQP tests. Where you stand.

Four separate exams. Fail one and you cannot sell insurance.

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Exam Blueprint: Life Insurance

35 questions, 75 minutes, 60% to pass

  • Death as a financial risk0.0% / 17%
  • Term life insurance0.0% / 6%
  • Whole life and term-1000.0% / 6%
  • Universal life insurance0.0% / 6%
  • Riders and supplementary benefits0.0% / 6%
  • Group life insurance0.0% / 6%
  • Taxation and strategies0.0% / 9%
  • Business life insurance0.0% / 3%
  • Application and underwriting0.0% / 9%
  • Reading the client's situation0.0% / 17%
  • Recommending an insurance policy0.0% / 9%
  • Serving the policy after it is sold0.0% / 9%

Exam Blueprint: Accident and Sickness Insurance

35 questions, 75 minutes, 60% to pass

  • Financial protection0.0% / 6%
  • Insurance to protect income0.0% / 6%
  • Insurance to protect assets0.0% / 6%
  • Insurance to protect savings0.0% / 6%
  • Insurance to protect businesses0.0% / 6%
  • Client profile0.0% / 34%
  • Recommendation, contract and service0.0% / 34%
  • Group plan specifics0.0% / 3%

Exam Blueprint: Segregated Funds and Annuities

35 questions, 75 minutes, 60% to pass

  • Investment and savings0.0% / 6%
  • Segregated funds0.0% / 6%
  • Annuities0.0% / 6%
  • Investor profile0.0% / 34%
  • Segregated fund and annuity advice0.0% / 34%
  • Segregated fund contract0.0% / 6%
  • Annuity contracts0.0% / 6%
  • Group retirement and investment plans0.0% / 3%

Exam Blueprint: Ethics and Professional Practice (Canada)

25 questions, 75 minutes, 60% to pass

  • Legal framework0.0% / 20%
  • Insurance policy provisions0.0% / 20%
  • Claims and payment of proceeds0.0% / 20%
  • Rules for life insurance agents0.0% / 40%

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Disclaimer

Examination requirements, content, structure, weighting, passing requirements and other details may change from time to time. We make every reasonable effort to keep our materials current and aligned with the information published by the relevant examination authority.

The information and practice questions provided by Compleat reflect our best understanding of the applicable examination requirements. They are intended for preparation purposes only and should not be considered a guarantee of the content, format, questions or outcome of any examination.

Candidates should always refer to the relevant examination authority for the most current official requirements and examination information.

Examination names and designations referred to on this site belong to their owners, including the Canadian Securities Institute, the Canadian Investment Regulatory Organization, FP Canada, CFA Institute, STEP Canada and CALU. They are named here to describe the examinations our material prepares you for. Compleat is an independent study aid. We are not affiliated with, endorsed by, sponsored by or licensed by any of them, and we claim no rights in their marks.

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