Canadian LLQP exam guide
Understand the exam before you build the study plan.
Prepare across Life, Accident & Sickness, Segregated Funds & Annuities, and Ethics & Professional Practice.
LLQPprep Mock Exam01:02:14 remaining
Question 12
A client has a temporary income-protection need and limited budget. Which factor should drive the recommendation first?
A. Highest commission available
B. Client need, duration, affordability and existing coverage
C. Product popularity
D. Lowest deductible regardless of need
Exam trap: product-first thinking. Start with the client's facts and need, then decide which product fits.
Important: LLQPprep is independent exam preparation and does not replace the required qualifying course or licensing requirements.
Four ways the exam can test you
Knowledge
Definitions, products and rules.
Application
Using client facts to select the best answer.
Calculations
Applying numerical relationships where relevant.
Judgment
Suitability, conduct and client interest.