Big Black Friday Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

LLQP Exam Dumps : Life License Qualification Program (LLQP)

PDF
LLQP pdf
 Real Exam Questions and Answer
 Last Update: Nov 27, 2025
 Question and Answers: 298 With Explanation
 Compatible with all Devices
 Printable Format
 100% Pass Guaranteed
$25.5  $84.99
LLQP exam
PDF + Testing Engine
LLQP PDF + engine
 Both PDF & Practice Software
 Last Update: Nov 27, 2025
 Question and Answers: 298
 Discount Offer
 Download Free Demo
 24/7 Customer Support
$40.5  $134.99
Testing Engine
LLQP Engine
 Desktop Based Application
 Last Update: Nov 27, 2025
 Question and Answers: 298
 Create Multiple Test Sets
 Questions Regularly Updated
  90 Days Free Updates
  Windows and Mac Compatible
$30  $99.99
Last Week Results
32 Customers Passed IFSE Institute
LLQP Exam
Average Score In Real Exam
86.7%
Questions came word for word from this dump
88.6%
IFSE Institute Bundle Exams
IFSE Institute Bundle Exams
 Duration: 3 to 12 Months
 2 Certifications
  2 Exams
 IFSE Institute Updated Exams
 Most authenticate information
 Prepare within Days
 Time-Saving Study Content
 90 to 365 days Free Update
$249.6*
Free LLQP Exam Dumps

Verified By IT Certified Experts

CertsTopics.com Certified Safe Files

Up-To-Date Exam Study Material

99.5% High Success Pass Rate

100% Accurate Answers

Instant Downloads

Exam Questions And Answers PDF

Try Demo Before You Buy

Certification Exams with Helpful Questions And Answers

What our customers are saying

United Arab Emirates certstopics United Arab Emirates
Logan
Sep 13, 2025
The quality of the study material provided for the IFSE Institute LLQP exam preparation directly contributed to my success. It was worth every penny.

Life License Qualification Program (LLQP) Questions and Answers

Question 1

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?

Options:

A.

Georgi and Ingrid but name Vladimir as a trustee.

B.

Georgi and Ingrid but name Sergei as a trustee.

C.

Sergei

D.

Vladimir

Buy Now
Question 2

Ashley meets with her life insurance agent for a needs analysis. She wants her two kids, currently nine and seven, to be well provided for in the event of her untimely death. Ashley is also concerned about the tax liability that her RRSPs will create for her children. Her need for life insurance is determined to be $800,000 to support the children and $50,000 for the tax liability.

Ashley decides to purchase a term life insurance policy to provide for her young children if need be, and a permanent policy for the tax liability.

How should Ashley set up the beneficiary designations?

Options:

A.

Name her estate as the beneficiary of both policies.

B.

Name the children, with a trustee, as the beneficiaries of both policies.

C.

Name her estate as the beneficiary of the term policy and the children, with a trustee, as the beneficiaries of the permanent policy.

D.

Name her estate as the beneficiary of the permanent policy and the children, with a trustee, as the beneficiaries of the term policy.

Question 3

Joseph, a retired jeweler, meets with Larry, an insurance agent with Summit Life Co., to review Joseph's life insurance needs. Joseph has made it clear in his will that upon his death, his son will inherit his collection of diamond necklaces, valued at $1.8 million.

What type of asset is Joseph's diamond necklace collection considered to be?

Options:

A.

Liquid asset.

B.

Investment asset.

C.

Fixed asset.

D.

Pension asset.