LLQP Exam Preparation - Life insurance Module (Canada)
What you'll learn
- Study the Life insurance module of the Life License Qualification Program
- Accident & sickness, disability, critical illness
- Segregated funds, investments, retirement planning, taxation
- Ethics, contracts, and legal issues
- Basic math (percentage, fraction, decimals)
The following topics are covered in this course:
The first chapter describes the risk of death to a family or a business. Chapter 2 talks about term life insurance, which is a type of insurance that has an end date. Chapter 3 describes whole life and term 100 types of permanent insurance. Chapter 4 talks about universal life, and investment products. Chapter 5 describes riders and the supplementary benefits of life insurance. Chapter 6 is a description of the group life insurance. Chapter 7 describes taxation issues in life insurance. Chapter 8 is business life insurance, Chapter 9 describes the process of applying for life insurance and how the insurance company evaluates it using the underwriting standards. Chapter 10 assesses the client’s situation. Chapter 11 describes how to undertake a needs analysis to determine the right type of insurance and chapter 12 has detail about ongoing service and the agent's role.
The videos are narrated with PDF summary slides that describe the topics in an easy-to-understand manner. The reference book is 307 pages and has a lot of detail. This summary of the course focuses on the main aspects which are expected in the exam, as well as the knowledge which is required to provide clients with a high level of knowledge and experience.
The trade-marks AFP, BCO, CSI, CSC, CPH, DFOL, FP1, FP2, FPSU, IFC, NEC, OLC, PFP, PFSA, WME, Wealth Management Essentials, Branch Compliance Officer, Canadian Securities Course, Conduct, and Practices Handbook Course, Investment Fund in Canada, New Entrants Course, Wealth Management Essentials, Personal Financial Services Advice Reading, Financial Planning 1, Financial Planning 2, Financial Planning Supplement, Applied Financial Planning, and Personal Financial Planner are owned by the Canadian Securities Institute (CSI®). The Canadian Securities Institute (CSI®) does not sponsor, license, or necessarily recommend these notes and study material for any of its courses. Dazia Consulting Inc. is an independent supplier of educational services. Exam preparation materials are not sponsored by any other industry organization.
Who this course is for:
- Enrolled in the LLQP exam in Canada
- Desire to learn about life insurance products
Currently, Professor at a major College & University in Ontario, Canada.
Previous experience includes work at the major Financial Firms in Canada as a Financial Advisor for over 10 years.
Also attained certifications in Project Management and Six Sigma quality improvement. Managed projects in firms in Canada for 5 years to improve efficiency using six sigma tools.
Undertook R&D, quality and operations management in food processing companies for 10 years in international firms.
Qualified with MBA (UK), MSc, PMP
I've been teaching the certification courses for over 10 years. Some courses I provide guidance on:
My expertise is to help you pass the financial courses:
1. Canadian Securities Course CSC,
2. Conduct Practices Handbook CPH,
3. Canadian Insurance Course CIC,
4. Life insurance license LLQP,
5. Investment Funds in Canada IFIC
6. Six Sigma Green Belt certification
7. Project Management (PMP)
8. ASQ QCM/OE Exam
9. Computer skills such as Google, Microsoft, Excel Word, Onedrive etc.
I explain the formulas and math in simple ways. I have been working in the financial industry in insurance, banking, food manufacturing, and investments and thus can provide practical experience also.