The LLQP is a certification program that will allow you to write the provincial insurance regulator's licensing exam. This program will give you a good foundation for working in the insurance industry. The program is organized into modules on Life Insurance, Accident and Sickness Insurance, Segregated Funds and Annuities, and Ethics and Professional Practice.
Harmonized LLQP Examination
If you pass the certification exams from a course provider, you will have four chances to pass all the provincial exams. The duration of each exam is 75 minutes and there are 30 questions for each module, except for Ethics and Professional Practice which has 20 questions.
Once you complete your certification exams, the course provider will upload this information to your profile. You will then be able to write the Provincial LLQP Licensing exams.
Once the candidate has passed the certification exam, they will have one year to pass four course module exams. They must get a minimum of 60% on each exam in order to proceed with the licensing process.
Online Proctored Certification Exams
All certification exams will be done online to make sure everyone follows the rules and to keep the exam fair. Advocis has partnered with Integrity Advocate, a Canadian company, to provide secure online exams. You will need to complete an attestation and identity validation process before you can get access to the course materials.
Before you can take the online proctored certification exam, you need to complete a second identification validation process. You can find all the instructions, resources and information you need for the exam preparation and rules in the Advocis Learning Environment. This is an area accessible only to registered students.
To learn more about Integrity Advocate and the online proctoring process, click here.
Certification Exam Attempts
Effective January 1, 2022, candidates are allowed up to a maximum of four attempts to pass a certification module exam with a minimum grade of 60%. If you don't pass a module exam on the fourth try, you will have to retake the course.
The first try is free, and online proctored certification exams are available 24/7 with no need to book an appointment. If you have to take the exam again, it is strongly recommended that you take at least 24 hours between exam attempts to revisit resources and to strengthen your weak areas with chapter quizzes, videos and other tools that are available to you.
Topics Covered/Learning Objectives
Upon completion of this course, students will be able to:
Assess the client’s needs and situation
Analyze the available products that meet the client’s needs
Implement a recommendation adapted to the client’s needs and situation
Provide customer service during the validity period of coverage
Practice the legal aspects of insurance and annuity contracts
Delimit the legal framework governing life insurance
Characterize the parties involved in the contract
Contextualize the rules relating to the contract’s formation, taking effect, reinstatement and termination, as well as to claims and the payment of benefits
Explain the main provisions and clauses of an insurance or annuity contract
Practice the rules relating to beneficiary designation and exemption from seizure of benefits
Explain the role of the organizations that protect clients
Practice the obligations and responsibilities of life insurance agents
Implement a recommendation adapted to the client’s needs and situation
Life Insurance (7 hours)
In this module, you will develop the skills you need to recommend individual and group life insurance products that are right for each client.
Accident and Sickness Insurance (5 hours)
The module will help you develop the skills you need to pass the accident and sickness insurance exam.
Segregated Funds and Annuities (6 hours)
The exam will test your knowledge of how to recommend segregated funds, individual annuities, and group pension plans to clients.
Ethics and Professional Practice, Common Law (3 hours)
You will learn about the ethics and professional practice of being a life insurance agent. This will include learning about the rules that govern the life insurance industry.
Subject to change without notice
Steve is a (CFP) Certified Financial Planner and a Certified Health Insurance Specialist (CHS). He has also completed the Certified Executive Coach program at Royal Roads University. He combines his 20 years of industry experience with his passion for education and the development of others. Steve is an Advanced Case Consultant for Canada Life where he works alongside financial advisors as their subject matter expert on life insurance. His focus is on estate planning and corporate insurance planning where he combines his product design and people skills to create custom solutions for clients.
Bryan Dar Santos
Bryan Dar Santos is a financial educator and investment specialist with nearly two decades of industry experience. Bryan has spent years training and supporting hundreds of financial advisors across Canada and is the founder of FDI Financial Diagnostics Inc., an independent investment analysis firm for advisors and retail clients. Bryan is passionate about helping Canadians understand the financial industry, leading him to specialize in explaining complex financial concepts in simple terms. From 2012 to 2014, he published FinanceWorks.ca, a national consumer magazine that connected finance to our everyday lives and helped Canadians to earn, grow, save and protect their money.
Jason Wong has extensive knowledge in the wealth management industry and has been practicing financial planning since 2001. Jason started his career through the financial advisory channel in one of the major banks. He then moved on to the independent channel to assist his individual and business clients in achieving their financial goals through comprehensive financial planning. Jason is also a consultant supporting financial advisers in providing wealth management solutions to their clients. Jason holds several industry accreditations: Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Financial Management Advisor (FMA) and Derivative Market Specialist (DMS). He holds a Master of Business Administration from the University of Manchester, one of the top global business schools according to the Financial Times Global MBA rankings.
Who Will Benefit From The Course
This course is best suited for insurance professionals entering the field.
Coming again in 2023
Students must devote at least 3 hours per week to attend live webinars
Webinars will be held Tuesdays from 4:00 pm to 7:00 pm PST
Outside of live instructional periods, students will be expected to take part in various independent and/or group activities
Ashton College uses web conferencing tools for conducting online classes and online learning management systems for managing resources, assignments, and grades. These tools help instructors and students connect live online as well as asynchronously. The basic requirements for online learning include a computer, webcam, speakers, and a microphone or a headset and headphones, along with a reliable internet connection. Though online learning can be pursued using smartphones and tablets, the use of laptops or desktop computers is encouraged for an enhanced learning experience.
This course does not require approval by the Private Training Institutions Branch of the Ministry of Advanced Education and Skills Training. As such, it was not reviewed.