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LLQP Dumps - Life License Qualification Program (LLQP) Practice Exam Questions

IFSE Institute LLQP - Life License Qualification Program (LLQP) Braindumps

IFSE Institute LLQP - Life License Qualification Program Practice Exam

  • Certification Provider:IFSE Institute
  • Exam Code:LLQP
  • Exam Name:Life License Qualification Program (LLQP) Exam
  • Total Questions:262 Questions and Answers
  • Updated on:May 12, 2025
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IFSE Institute LLQP This Week Result

LLQP Question and Answers

Question # 1

Insurance of persons advisor Somalia is careful to comply with the standards and regulations when she meets with potential clients. Under no circumstances would she want them to feel aggrieved or not respected. She makes sure to know their rights. Which legislation does Somalia not have to worry about?

Options:

A.  

An Act respecting the distribution of financial products and services (Distribution Act)

B.  

An Act respecting the protection of personal information in the private sector (APPIPS)

C.  

The Quebec Charter of Human Rights and Freedoms

D.  

The Insurers Act and the Regulation under the Act respecting insurance

Discussion 0
Question # 2

Isaac and Natasha, Quebec residents, were married 18 years ago. At the time, they visited a notary to get married under the "separation as to property" matrimonial regime and had indicated their wish to waive the application of the division of the patrimony by agreement. After experiencing a series of personal crises, the couple is now divorcing.

Which of the following assets, if any, will they have to separate when they divorce?

Options:

A.  

Isaac's dental practice, started 10 years ago.

B.  

Natasha’s cottage, purchased with Isaac 15 years ago.

C.  

The $40,000 accumulated in Isaac’s whole life insurance policy.

D.  

They will not need to separate any assets.

Discussion 0
Question # 3

Patrick, an insurance of persons representative, gives a talk about his work to high school students. He tells them about his previous day’s activities. Which activity is considered ethical misconduct?

Options:

A.  

Giving out a business card with his degrees on it

B.  

Depositing $3,000 from a client for the payment of premiums into his business account

C.  

Being reimbursed for certain direct costs in relation to his participation in training given by an insurer

D.  

Accepting a promotional pen of low value from a second insurer

Discussion 0

PDF vs Software Version

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