Needs analysis
Income replacement, mortgage and debt, education, final expenses, estate liquidity, dependent support and business obligations.
This module is tested as its own provincial LLQP exam. Use the official competency structure to guide your study, then practise making decisions from realistic client facts rather than relying on definitions alone.
Exam snapshot
| Total questions | 35 |
|---|---|
| Time limit | 75 minutes |
| Pilot questions | 5 unscored |
| Passing score | 60% |
| Format | Multiple choice • open book/reference material |
Competency weighting
Weightings reflect the published harmonized LLQP curriculum/evaluation tables. Current exam administration should always be confirmed with your regulator or exam administrator.
What to practise
- Income replacement, debts, education and estate liquidity
- Term and permanent insurance product analysis
- Riders, ownership, beneficiaries and policy structure
- Underwriting and implementation requirements
- Claims, amendments, replacement and ongoing service
LLQPprep approach
Move from direct concept checks into product comparisons, recommendations, calculations where applicable, client scenarios, exceptions and exam traps.