IFSE Institute Life License Qualification Program LLQP

Walking into the LLQP exam unprepared for its pace is a risk you do not need to take. The Getcertkey test engines recreate the pressure of the IFSE Institute Life License Qualification Program (LLQP) testing environment, so when exam day arrives in 2026, it feels like just another practice session.

IFSE Institute LLQP Exam Overview:

Certification Vendor:	IFSE Institute
Exam Name:	Life License Qualification Program (LLQP)
Exam Number:	LLQP
Certificate Validity Period:	1 year to apply for licence after first pass
Real Exam Qty:	110-140
Exam Duration:	75 per module
Passing Score:	60%
Available Languages:	French, English
Related Certifications:	Life Insurance Agent Licence Accident and Sickness Insurance Licence
Exam Format:	Scenario-Based, Multiple Choice
Exam Price:	USD 0
Sample Questions:
Exam Way:	Online proctored and in-person testing
Pre Condition:	Completion of an approved LLQP certification course and possession of a CIPR number are required before taking the exam.
Official Syllabus URL:	https://www.fsrao.ca/licensing/life-and-accident-sickness-agent/life-licence-qualification-program-llqp

IFSE Institute LLQP Exam Syllabus Topics:

LLQP Exam FAQs for 2026 Candidates

Which certification does the LLQP exam lead to?

The LLQP exam is the official IFSE Institute exam behind the Life License Qualification Program certification, validating the skills measured by the IFSE Institute Life License Qualification Program (LLQP) credential. It sits at the Entry level of the IFSE Institute certification program. It also connects to Life Insurance Agent Licence, Accident and Sickness Insurance Licence, so the knowledge you build here carries over to those tracks as well.

How many questions are on the LLQP exam, and how much time do I get?

The LLQP exam contains 110-140 questions to be completed within 75 per module. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.

What score do I need to pass the LLQP exam, and what does it cost?

The passing score for the LLQP exam is 60%, and the official registration fee is USD 0. Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 330 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.

Are there any prerequisites for the LLQP exam?

Completion of an approved LLQP certification course and possession of a CIPR number are required before taking the exam. Requirements can change when IFSE Institute revises its certification program, so confirm the current eligibility rules on the official exam page before you register.

Can I try the LLQP practice questions before I buy?

Yes. Getcertkey provides a free LLQP PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if IFSE Institute revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.

What if I fail the LLQP exam, and how is my order delivered?

Every IFSE Institute Life License Qualification Program (LLQP) purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.

Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.

What topics are covered in the LLQP exam?

The IFSE Institute Life License Qualification Program (LLQP) exam blueprint is organized into 4 domains. The first three are:

• Accident and Sickness Insurance
• Ethics and Professional Practice
• Life Insurance

For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.

IFSE Institute Life License Qualification Program (LLQP) Sample Questions:

Question 1

Owen meets with his insurance agent, Rachel, to review his investments. Owen is interested in segregated funds. In particular, he wants to know more about the reset feature.
What should Rachel tell Owen about resetting his funds?

A. There is no additional cost for a fund that provides a reset feature.
B. The reset feature can be used if the market value increases or decreases.
C. All segregated funds offer a reset feature.
D. The reset feature may be automatic.

Question 2

After working nine years as an insurance agent, Jamie decides to make a change in her life and go back to school. A colleague she used to work with on personal health insurance congratulates her and tells her that he will pay her a flat fee for every health insurance referral she makes to him, as long as the referral results in a sale. What could be said about this referral arrangement?

A. It is not allowed, because Jamie earns a flat fee for each prospect referred.
B. It is not allowed, because Jamie's earnings are contingent upon the agent's sales.
C. It is allowed, provided the persons being referred are aware of the arrangement.
D. It is allowed, because Jamie used to be a licensed agent herself.

Question 3

Ten years ago, Albert purchased a life insurance policy and designated his brother Stephen as the sole beneficiary. Albert is single and Stephen is his only family. Albert is a frequent traveler and enjoys doing exotic sports in South Africa. During his trip in South Africa in July 2019, there was a heavy earthquake in the region and a lot of the buildings fell apart. It was reported that Albert could be drinking in one of the restaurants when the disaster happened. His body was not located at that time. The South African government declared the incident as a national disaster. After the incident, Stephen got a letter from the life insurance company indicating Albert's life insurance was in grace period and a payment was required or it will lapse on August 15, 2019. Two weeks have passedsince the mail arrived and the grace period is over. The policy is now lapsed because Stephen was occupied with Albert's disappearance. On October 1, 2019, Albert's body is finally located in one of the building ashes. The coroner's report indicated he died when the building collapsed. What should Stephen do to handle the life insurance matter?

A. Stephen would not be able to make a claim because the policy already lapsed.
B. Stephen should make a death claim because Albert died on the day when the earthquake occurred.
C. Stephen would not be able to make a claim because the coroner's report came out after the policy lapsed.
D. Stephen could bring the policy back in force by telling the insurance company what happened and start paying the premium again.

Question 4

Samya and Gary, who are both insurance representatives, are having lunch together. Gary has been very successful for several years and proposes a scheme to Samya to get insurance proposals signed for a fictional company they would create together. He believes that this system would make them millionaires in about ten years. Gary advises Samya to keep their conversation a secret. If Samya agrees to Gary's proposal, what sanctions could she face?

A. Pursuant to the Criminal Code, sanctions could go as far as imprisonment
B. Pursuant to the Distribution Act, penal proceedings with the Court of Quebec could result in a fine of up to $1,000,000
C. A sanction from the CSF's discipline committee that could be a fine, suspension, or both
D. Since liability insurance protects the consumer, the clients' losses will be covered and thesanctions will be reduced based on real harm

Question 5

(Ted purchased an IVIC 10 years ago. His original deposit was $10,000. The current market value is
$15,500 at maturity.
What will the new maturity guarantee be?)

A. $11,625, and the new maturity date will depend on Ted's age.
B. $10,000, with the new maturity date set 10 years from now.
C. $15,500, and the new maturity date will depend on Ted's age.
D. $12,000, with the new maturity date set 10 years from now.

Solutions: