LLQP Exam Fragen - LLQP Zertifizierung

Egal wie attraktiv die Vorstellung ist, ist nicht so überzeugend wie Ihre eigene Empfindung. Die Demo der IFSE Institute LLQP Software können Sie auf unsere Webseite ExamFragen einfach herunterladen. Unser erfahrenes Team bieten Ihnen die zuverlässigsten Unterlagen der IFSE Institute LLQP. Wenn Sie noch Fragen über IFSE Institute LLQP Prüfungsunterlagen haben, können Sie sich auf unsere Website online darüber konsultieren. Onlinedienst bieten wir ganztägig.

IFSE Institute LLQP Prüfungsplan:

Thema	Einzelheiten
Thema 1	Ethics and Professional Practice: This part of the exam focuses on the legal and ethical responsibilities of life insurance professionals. It outlines the legal framework for life insurance in common law provinces and territories and stresses the importance of maintaining professionalism.
Thema 2	Accident and Sickness Insurance: Aimed at insurance professionals offering individual and group health insurance, this section emphasizes the importance of financial protection in the case of serious illness or injury.
Thema 3	Segregated Funds and Annuities: Targeted at investment advisors and financial planners, this section evaluates their understanding of saving and investment strategies, which are essential for retirement and financial planning.
Thema 4	Life Insurance: This section assesses the expertise of insurance professionals, including financial advisors and life insurance agents, in understanding the financial impact of death. It explains how life insurance helps address those financial needs and introduces various life insurance products, along with their features and benefits.

>> LLQP Exam Fragen <<

LLQP Studienmaterialien: Life License Qualification Program (LLQP) & LLQP Zertifizierungstraining

ExamFragen Website ist voll mit Ressourcen und den Fragen der IFSE Institute LLQP Prüfung ausgestattet. Es umfasst auch den IFSE Institute LLQP Praxis-Test und Prüfungsspeicherung. Sie wird den Kandidaten helfen, sich gut auf die Prüfung vorzubereiten und die Prüfung zu bestehen, was Ihnen viel Angenehmlichkeiten bietet. Sie können die Demo zur IFSE Institute LLQP Prüfung teilweise als Probe herunterladen. ExamFragen biett eine echte und umfassende Prüfungsfragen und Antworten. Mit unserer exklusiven Online IFSE Institute LLQP Prüfungsschulungsunterlagen werden Sie leicht das IFSE Institute LLQP Exam bestehen. Unsere Website gewährleistet Ihnen eine 100%-Pass-Garantie.

IFSE Institute Life License Qualification Program (LLQP) LLQP Prüfungsfragen mit Lösungen (Q54-Q59):

54. Frage
(Gregory and Vanessa married at an early age and had three children, who are now in their forties:
Eve, Rick and Max. When the couple retired five years ago, they purchased a joint life annuity. They also had a will drawn up naming the three children as equal beneficiaries of their estate. The will specifies that Eve will act as executor of the estate.
Last week, Gregory and Vanessa both died in a car accident.
Who could make a death claim as regards the annuity?)

A. No claim can be made
B. Eve
C. Rick and Max
D. Eve, Rick and Max

Antwort: A

Begründung:
Since Gregory and Vanessa bought ajoint life annuity without mention of a guarantee period, the annuity wouldcease payments upon the death of the second annuitant. Therefore,no death claimcan be made on the annuity.
Exact Extract:
"In a joint life annuity with no guarantee period, payments stop upon the death of the second annuitant. No death benefit is payable." (Reference:Segfunds-E313-2020-12-7ED, Chapter 3.2.2.2 Joint Life Contract#53:3 Segfunds-E313-2020-12-
7ED.pdf**)

55. Frage
Gold, a financial security advisor, recently met with a wealthy client who needed tax advice. The client also wanted to draft a will and a mandate in case of incapacity. Eager to meet his client's needs and make recommendations, he did not think it necessary to propose a meeting with the firm's tax expert and notary.
Towards whom has Gold breached his duties and obligations?

A. Other representatives, firms, independent partnerships, insurers, and financial institutions
B. The client
C. The public
D. The profession

Antwort: B

Begründung:
Comprehensive and Detailed In-Depth Explanation: Gold's role as a financial security advisor, per the Distribution Act (Section 16), requires him to act competently and in the client's best interest. Tax advice, wills, and mandates in case of incapacity (Civil Code, Articles 2166-2174) often exceed an advisor's expertise, necessitating referral to specialists like tax experts and notaries. By not proposing such collaboration, Gold risks providing incomplete or inaccurate advice, breaching his duty of care to the client (option B). Option A (the public) is too broad, as no public harm is evident. Option C (other professionals) is unaffected, as no direct duty to them is breached. Option D (the profession) could apply indirectly via reputational harm, but theprimary breach is to the client. The Ethics and Professional Practice manual mandates advisors to recognize their limits and refer clients appropriately.
References: Distribution Act, Section 16; Civil Code of Quebec, Articles 2166-2174; Ethics and Professional Practice (Civil Law) Manual, Section on Scope of Practice.

56. Frage
Kimeni meets with Orion, an insurance agent, to purchase segregated funds. After assessing Kimeni's needs, Orion suggests an index segregated fund. Kimeni agrees to invest $5,000 in the fund now and $200 every month.
With relation to this transaction, which of the following options is CORRECT about the Fund Facts document?

A. Kimeni must acknowledge that he received the document.
B. It is Kimeni's responsibility to ask for the document.
C. Orion must deliver the document to Kimeni within 3 days after the purchase.
D. Orion can only deliver the document to Kimeni electronically.

Antwort: A

Begründung:
It is a regulatory requirement for the client, Kimeni, to acknowledge receipt of the Fund Facts document when purchasing segregated funds. This ensures that he has been informed about the key aspects of the investment, such as fees, risks, and performance, prior to purchase. LLQP guidelines mandate that documentation like Fund Facts must be provided to clients and that they acknowledge receipt to confirm informed consent.
Option A is incorrect as the document must be delivered before the purchase. Option C is inaccurate as the document can be delivered in various formats, not exclusively electronic. Option D is incorrect because it is the agent's responsibility to provide the document, not the client's to request it.

57. Frage
Rowan works for a construction company that employs 40 employees. The company is newly established, and the owners have yet to implement a group insurance policy. Rowan falls off the side of a building and breaks his collar bone. The doctor informs him that he will be unable to work for five months.
Who will pay him disability benefits while he is recuperating?

A. Employment Insurance.
B. His employer.
C. Canada Pension Plan.
D. Workers' Compensation.

Antwort: D

Begründung:
In this scenario, Rowan, an employee of a construction company, suffers an injury while on the job. Since the injury occurred in the workplace, he would be eligible for benefits under Workers' Compensation. Workers' Compensation is designed to cover employees who suffer work-related injuries or illnesses, providing them with benefits that include coverage for medical expenses and income replacement during their period of disability.
As the accident happened while Rowan was performing work duties, Workers' Compensation will likely cover his wage loss for the duration he is unable to work due to the injury. Employment Insurance (EI) would not be applicable here, as EI sickness benefits are intended for non-work-related illnesses or injuries. The Canada Pension Plan (CPP) also would not apply, as it provideslong-term disability benefits primarily for severe and prolonged disabilities that prevent individuals from working in any capacity. Therefore, option D is the correct answer, as Workers' Compensation is specifically designed for cases like Rowan's.

58. Frage
Bernadette, a 27-year-old single woman, earns $78,000 annually as a production assistant. She meets with Howard, her insurance agent, to purchase an accidental death and dismemberment insurance contract.
Bernadette fills out the application form, the application is accepted, and the effective date is the date of acceptance of the application. Why is the effective date of Bernadette's policy the same as the date of acceptance?

A. She has a low-risk profession.
B. She is a woman.
C. There is no medical underwriting.
D. She is in her twenties.

Antwort: C

Begründung:
Accidental death and dismemberment (AD&D) insurance policies generally do not require medical underwriting, as they provide coverage specifically for accidents rather than health-related conditions. This lack of medical underwriting means that coverage often begins immediately upon acceptance of the application, which is why Bernadette's policy effective date is the same as the date of acceptance. The absence of a health assessment or related underwriting requirements facilitates the quick initiation of coverage in AD&D policies.

59. Frage
......

Die Schulungsunterlagen zur IFSE Institute LLQP Zertifizierungsprüfung aus ExamFragen sind nicht nur echt, sondern auch preiswert. Nach dem Kauf unserer Prüfungsmaterialien werden Sie einjährige Aktualisierung genießen. Sie können einen Teil von den kostenlosen originalen Fragen herunterladen, bevor Sie die Schulungsunterlagen zur IFSE Institute LLQP Zertifizierungsprüfung aus ExamFragen kaufen. Wenn Sie die IFSE Institute LLQP Prüfung nicht bestehen oder die Schulungsunterlagen zur IFSE Institute LLQP Zertifizierungsprüfung irgend ein Problem haben, geben wir Ihnen eine bedingungslose volle Rückerstattung.

LLQP Zertifizierung: https://www.examfragen.de/LLQP-pruefung-fragen.html

TheWpStyle.com: Empowering You to Build Stunning Websites Without Coding!

Sid White Sid White

Biography

LLQP Exam Fragen - LLQP Zertifizierung

IFSE Institute LLQP Prüfungsplan:

LLQP Studienmaterialien: Life License Qualification Program (LLQP) & LLQP Zertifizierungstraining

IFSE Institute Life License Qualification Program (LLQP) LLQP Prüfungsfragen mit Lösungen (Q54-Q59):