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The Life Licence Qualification Program (LLQP) is essential for those aspiring to work in the life insurance industry or organizations seeking to sell life insurance and related financial products in Canada. This comprehensive course equips you with the knowledge and training necessary to excel in this field.
To be eligible for exams, candidates must fulfill specific requirements:
The Life Licence Qualification program (LLQP) suits individuals interested in insurance or life insurance careers or those already working in the industry seeking further insight. Licence prerequisites include financial reliability, absence of criminal history, and no prior disciplinary actions. Successful candidates gain the ability to sell life insurance products, opening doors to enhanced career prospects and professional growth.
You are required to obtain your insurance licence within 12 months of the date after you pass your first exam module. If you fail to obtain your licence within this time, you must rewrite all the exam modules that fall outside of the twelve months. The passing grade per module is 60%.
The modules are as follows:
The exams are 75 minutes in duration. The Life Insurance, Segregated Funds and Annuities, Accident and Sickness Insurance modules have 30 questions each, and the Ethics and Professional Practice modules have 20 questions. As of July 1st of 2024, you are allowed four attempts at passing each separate module.
Ashton College stands out as an approved Life Licence Qualification Program (LLQP) course provider. Above all, candidates receive top-quality education from industry professionals. Our program caters to diverse learning needs, accommodating individuals regardless of prior knowledge or experience. With recorded lectures available for 7 days post-live session and comprehensive study materials, candidates have ample resources to prepare for their exams. Learn more about the LLQP here.
The information contained in this post is considered true and accurate as of the publication date. However, the accuracy of this information may be impacted by changes in circumstances that occur after the time of publication. Ashton College assumes no liability for any error or omissions in the information contained in this post or any other post in our blog.
