Last Updated: Oct 21, 2026
No. of Questions: 330 Questions & Answers with Testing Engine
Download Limit: Unlimited
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Nobody budgets for a second LLQP attempt, yet the full fee comes due again if the first one fails. The IFSE Institute Life License Qualification Program (LLQP) practice set from Exams-boost — 330 questions strong — is the cheap way to need only one attempt.
| Certification Vendor: | IFSE Institute |
|---|---|
| Exam Name: | Life License Qualification Program Examination |
| Exam Number: | LLQP |
| Passing Score: | 60%–70% (varies by jurisdiction and module) |
| Exam Format: | Proctored Online or In-Centre, Multiple Choice Questions (MCQ), Computer-Based Exam |
| Exam Duration: | 120–180 per module |
| Certificate Validity Period: | Varies by provincial regulator; typically requires ongoing continuing education for license maintenance |
| Exam Price: | CAD 100–150 per module (varies by province/provider) |
| Available Languages: | French, English |
| Real Exam Qty: | Approximately 80–100 per module |
| Related Certifications: | Segregated Funds and Annuities License Life Insurance License Accident & Sickness Insurance License |
| Recommended Training: | IFSE LLQP Training Program |
| Exam Registration: | Ontario FSRA Licensing Information IFSE LLQP Program Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based proctored exam delivered online or at authorized testing centres depending on province |
| Pre Condition: | No formal prerequisite, but completion of LLQP course modules is required before examination eligibility in most provinces |
| Official Syllabus URL: | https://www.ifse.ca |
| Section | Objectives |
|---|---|
| Segregated Funds and Annuities | - Investment-linked insurance products - Annuity structures and guarantees |
| Accident and Sickness Insurance | - Health insurance principles - Disability and critical illness coverage |
| Ethics and Professional Practice | - Ethical conduct and suitability - Regulatory framework and compliance |
| Life Insurance | - Underwriting and risk classification - Policy provisions and riders - Life insurance products and policy types |
No formal prerequisite, but completion of LLQP course modules is required before examination eligibility in most provinces Eligibility details like these are worth double-checking before you register — vendors revise them periodically, and the official exam page (official LLQP exam page) always has the current version.
The official IFSE Institute Life License Qualification Program (LLQP) outline has 4 domains — the biggest include Accident and Sickness Insurance, Life Insurance, Ethics and Professional Practice. Those weightings are your study compass: the largest domains hide the most points. See the full outline above for every subtopic.
You can, and you should. The free PDF demo is there so you can judge the content yourself before spending anything. If you're unsure whether the PDF, desktop engine, or online version suits your study habits, contact our 24/7 service team — they'll advise you. After purchase, 365 days of free updates are included, renewable at 50% off if the period ever expires.
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The exam is offered Computer-based proctored exam delivered online or at authorized testing centres depending on province, so decide which arrangement suits you before picking a date.
Delivery first: the moment you pay, we send the download link and access details to your email within a minute — even on holidays — and the files install on unlimited computers; contact support if 2 hours pass with nothing. For refunds, the terms are explicit: take the corresponding LLQP exam within 60 days of purchase, and if you fail, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund, processed within 7 days. Excluded: exams taken within 3 days of purchase, name mismatches between candidate and payer, and free or expired products. The alternative to a refund: two equal-value exam products free, with your original updates intact.
The pass mark is 60%–70% (varies by jurisdiction and module), and the official fee is CAD 100–150 per module (varies by province/provider). That fee resets to full price on every retake, so the real money-saver is preparation — run the 330 practice questions from Exams-boost until passing becomes routine, then book your seat.
The vendor recommends:
Classroom hours alone won't tell you if you're ready — the LLQP practice questions from Exams-boost will. Use them after the coursework to convert knowledge into exam performance.
The IFSE Institute Life License Qualification Program (LLQP) is IFSE Institute's official exam for the Life License Qualification Program (LLQP) certification, a License Qualification-level credential. Candidates take it to validate real skill — and employers read it exactly that way. It also connects to related credentials such as Life Insurance License, Accident & Sickness Insurance License, Segregated Funds and Annuities License.
The exam gives you 120–180 per module for Approximately 80–100 per module questions. The candidates who struggle aren't usually short on knowledge — they're short on pacing. Fix that before test day: set a time budget per question, practice moving past hard items without stalling, and rehearse full timed sessions in the Exams-boost engine until the clock stops being a factor.
Insurance of persons advisor Somalia is careful to comply with the standards and regulations when she meets with potential clients. Under no circumstances would she want them to feel aggrieved or not respected. She makes sure to know their rights. Which legislation does Somalia not have to worry about?
Correct Answer: C 🗳️
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Marcel is 16 years old and attends a boarding school in Ontario. He is a resident of New Brunswick and lives there with his parents in the summer months. After a recent family death, his father has been reviewing the family's life insurance coverage and suggests that Marcel apply for a policy on himself. He tells his son that he will pay the premium while he remains a student. Since Marcel won't be home for some time, his father asks him to meet with an agent in Ontario to apply for coverage. Which one of the following statements is correct regarding Marcel's application?
Correct Answer: A 🗳️
Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).
Josephine visits her dentist in downtown Victoria, BC, to have a cavity filled. The procedure costs her $550 but the maximum fee for a standard filling, according to the provincial dental schedule, is $400. Josephine works for a company that offers employees group dental coverage with a yearly maximum of $1,000 and an
80% co-insurance factor.
How much will Josephine receive from the insurer for her procedure?
Correct Answer: D 🗳️
Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).
Kevin owns a construction business and wants to take out accident and sickness insurance to protect his income in the event of disability. On his application form, he indicated that he had competed in motocross races over the past five years. What requirements does Kevin need to comply with before the insurer can issue the policy?
Correct Answer: D 🗳️
Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).
Joel and Gina, a 65-year-old couple, have just retired and are meeting with their advisor, Mark, to do some tax planning. Joel's annual income is $75,000, and Gina's is $35,000. His marginal tax rate (MTR) is 40% and hers is 26%. Mark discusses the advantages of income splitting with them. After their income split, their respective MTRs are 32% for Joel and 30% for Gina. How much income tax will Joel and Gina save if
$15,000 of Joel's income is transferred to Gina?
Correct Answer: C 🗳️
Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).
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