Free CSI LLQP Exam Questions
Absolute Free LLQP Exam Practice for Comprehensive Preparation
-
CSI LLQP Exam Questions
-
Provided By: CSI
- Exam: Life License Qualification Program Insurance Course (LLQP)
- Certification: Canadian Securities Course
-
Total Questions: 0
-
Updated On: Sep 02, 2026
-
Rated: 4.9 |
-
Online Users: 0
-
Question 1
-
(Gertrude wishes to invest her savings while having creditor protection and minimizing risk.
What type of segregated fund would be most suitable for her?)
Answer: A
-
(Gertrude wishes to invest her savings while having creditor protection and minimizing risk.
What type of segregated fund would be most suitable for her?)
-
Question 2
-
Hana, a 25-year-old personal assistant, recently got a job where the employer offers all employees access to a
defined contribution pension plan (DCPP). Hana meets with the groupinsurance agent, Tom, because she
must choose her investments and she doesn't know what she should choose. She is not very knowledgeable
about investments, but since the money will only be used at retirement, she wants to invest in a fund that
combines stocks and bonds and that is easy to understand.
Which fund should Tom suggest?
Answer: A
-
Hana, a 25-year-old personal assistant, recently got a job where the employer offers all employees access to a
defined contribution pension plan (DCPP). Hana meets with the groupinsurance agent, Tom, because she
must choose her investments and she doesn't know what she should choose. She is not very knowledgeable
about investments, but since the money will only be used at retirement, she wants to invest in a fund that
combines stocks and bonds and that is easy to understand.
Which fund should Tom suggest?
-
Question 3
-
(Justin purchased a single life annuity contract with no guaranteed period and no survivor benefit. He
is now hospitalized.
If Justin passes away, who could make a claim on behalf of his estate regarding the annuity?)
Answer: D
-
(Justin purchased a single life annuity contract with no guaranteed period and no survivor benefit. He
is now hospitalized.
If Justin passes away, who could make a claim on behalf of his estate regarding the annuity?)
-
Question 4
-
Arianna has been an insurance agent with Ideal Life for over 15 years, always working hard to grow her client
base and keep her existing clients happy. Last week, she prepared an elaborate insurance plan for Raphael, a
potential new client. But when they meet, Raphael tells her he wants a second opinion. Arianna tells him that
she cannot allow him to show or discuss details of her work with a potential competitor. She explains it's
wrong for another agent to benefit from her work and knowledge.
Which of the following standards of conduct did Arianna contravene?a
Answer: C
-
Arianna has been an insurance agent with Ideal Life for over 15 years, always working hard to grow her client
base and keep her existing clients happy. Last week, she prepared an elaborate insurance plan for Raphael, a
potential new client. But when they meet, Raphael tells her he wants a second opinion. Arianna tells him that
she cannot allow him to show or discuss details of her work with a potential competitor. She explains it's
wrong for another agent to benefit from her work and knowledge.
Which of the following standards of conduct did Arianna contravene?a
-
Question 5
-
Svetlana is a 45-year-old single mother with two children: Georgi 17; and Ingrid 13. The children's father,
Vladimir, has a serious gambling problem and only visits them sporadically. Vladimir's younger brother
Sergei, on the other hand, is a dependable and helpful uncle who helps Svetlana regularly with the children.
Svetlana meets with Robert, an insurance agent to review her life insurance needs because she wants to make
sure that her children are taken care of if she were to die prematurely. Robert suggests that she purchase a
$200,000 policy. Who should she name as a beneficiary?
Answer: B
-
Svetlana is a 45-year-old single mother with two children: Georgi 17; and Ingrid 13. The children's father,
Vladimir, has a serious gambling problem and only visits them sporadically. Vladimir's younger brother
Sergei, on the other hand, is a dependable and helpful uncle who helps Svetlana regularly with the children.
Svetlana meets with Robert, an insurance agent to review her life insurance needs because she wants to make
sure that her children are taken care of if she were to die prematurely. Robert suggests that she purchase a
$200,000 policy. Who should she name as a beneficiary?