Free IFSE Institute LLQP Exam Questions
Absolute Free LLQP Exam Practice for Comprehensive Preparation
-
IFSE Institute LLQP Exam Questions
-
Provided By: IFSE Institute
- Exam: Life License Qualification Program (LLQP) Certification
- Certification: IFSE Certification
-
Total Questions: 150
-
Updated On: Mar 25, 2025
-
Rated: 4.9 |
-
Online Users: 300
-
Question 1
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
Answer: D
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
-
Question 2
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
Answer: D
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
-
Question 3
-
Dominic suffers a heart attack on October 1 and dies a little over a month later, on November 7. Atthe time of his death, he owned a $150,000 critical illness (CI) insurance policy, purchased 10 yearsearlier. Dominic never failed to pay the $100 monthly premium. When he died, the insurer had notyet issued the benefit payment.How will the CI benefit be treated?
Answer: A
-
Dominic suffers a heart attack on October 1 and dies a little over a month later, on November 7. Atthe time of his death, he owned a $150,000 critical illness (CI) insurance policy, purchased 10 yearsearlier. Dominic never failed to pay the $100 monthly premium. When he died, the insurer had notyet issued the benefit payment.How will the CI benefit be treated?
-
Question 4
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
Answer: D
-
Caleb meets with Miles, his insurance agent, to invest for his retirement. Caleb tells Miles that he
will not need his funds for the next 25 years, he is comfortable with market fluctuations, and he
would like a fund that mimics the S&P/TSX Composite index.
Which of the following funds will best suit Caleb's needs?
-
Question 5
-
Ten years ago, Anastasia purchased a $125,000 10-year term renewable life insurance policy. Her
insurance need has not changed, and she is still in good health. She asks her insurance agent Raphael
what she should do.
Answer: B
-
Ten years ago, Anastasia purchased a $125,000 10-year term renewable life insurance policy. Her
insurance need has not changed, and she is still in good health. She asks her insurance agent Raphael
what she should do.