Open the auxiliary access

Firefly Open Source Community

   Login   |   Register   |
New_Topic
Firefly Open Source Community › Embedded Board › ROC-RK3566-PC› LLQP Latest Mock Exam, LLQP Practice Exam Online
New Topic
Print Previous Topic Next Topic

[General] LLQP Latest Mock Exam, LLQP Practice Exam Online

markyou715

130

Credits

0

Prestige

0

Contribution

registered members

Rank: 2

Credits
130

【General】 LLQP Latest Mock Exam, LLQP Practice Exam Online

Posted at yesterday 18:02      View：19 | Replies：0        Print      Only Author   [Copy Link] 1#
P.S. Free & New LLQP dumps are available on Google Drive shared by PrepAwayPDF: https://drive.google.com/open?id=1K50Mo8D5fsbY7uG8j997bMy_UgiSc8zX
Our LLQP guide questions enjoy a very high reputation worldwide. This is not only because our LLQP practical materials are affordable, but more importantly, our LLQP useful test files are carefully crafted after years of hard work and the quality is trustworthy. If you are still anxious about getting a certificate, why not try our LLQP Study Guide? If you have any questions about our LLQP practical materials, you can ask our staff who will give you help. And we offer considerable services on the LLQP exam questions for 24/7.
Our LLQP guide torrent provides 3 versions and they include PDF, PC, APP online versions. Each version boosts their strength and using method. For example, the PC version of LLQP test torrent is suitable for the computers with the Window system. It can stimulate the real exam operation environment. The PDF version of LLQP study torrent is convenient to download and print our LLQP guide torrent and is suitable for browsing learning. And APP version of our LLQP exam questions can be used on all eletronic devices, such as IPad, laptop, MAC and so on.
LLQP Practice Exam Online | LLQP Valid Exam LabsYou should not register for the IFSE Institute Life License Qualification Program (LLQP) certification exam without proper preparation. Passing the Life License Qualification Program (LLQP) exam is quite a challenging task. This difficult task becomes easier if you use valid IFSE Institute LLQP Exam Dumps of PrepAwayPDF. Don't forget that the Life License Qualification Program (LLQP) (LLQP) test registration fee is hefty and your money will go to waste if you don't crack this exam.
IFSE Institute LLQP Exam Syllabus Topics:
TopicDetails
Topic 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.
Topic 2
  • 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.
Topic 3
  • 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.
Topic 4
  • 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.

IFSE Institute Life License Qualification Program (LLQP) Sample Questions (Q53-Q58):NEW QUESTION # 53
Ae-Cha starts working for the manufacturer, Premier Vibe Inc., a company that offers its employees group insurance with Sprout Life Insurance. Ae-Cha meets with Devon, the group insurance representative, and learns that her group plan includes $75,000 of life insurance coverage. Ae-Cha would like to know who designates the beneficiary on the life insurance.
  • A. Sprout Life
  • B. Devon
  • C. Premier Vibe Inc.
  • D. Ae-Cha
Answer: D
Explanation:
In group life insurance plans, the employee (insured individual) is typically responsible for designating their own beneficiary. Although Premier Vibe Inc. sponsors the group plan, it is Ae-Cha, as the policyholder, who has the right to choose her beneficiary for the life insurance coverage provided under the plan. The employer or the insurer does not decide the beneficiary; this decision remains solely with the insured employee.

NEW QUESTION # 54
Manitoba resident Patrice works for ABC Inc. where he is covered by group life insurance. He consults Louise, his insurance agent, because he wants to maintain some life insurance coverage when he retires at age
65.
How much of Patrice's group life insurance can he convert to individual life insurance coverage when he retires?
  • A. Up to $200,000 with proof of insurability.
  • B. None, because he must leave the plan.
  • C. Up to $200,000 without proof of insurability.
  • D. The amount of his group life insurance coverage by providing proof of insurability.
Answer: C
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
According to the LLQP curriculum, when an insured leaves employment, they are typically entitled to convert their group life insurance policy into an individual policy without medical evidence, up to a specified limit- commonly $200,000. This is a standard feature to ensure continued coverage post-employment. The conversion must generally occur within 31 days of termination.
Reference: Insurance Study Guides Chinese.pdf, Group Life Insurance - Conversion Privilege

NEW QUESTION # 55
Edna is a 62-year-old widow living in Quebec. She meets with Yolanda, her insurance agent. Ednaworked part-time her whole life as a seamstress and has no savings. Her husband Donald had been working as a greeter at the local box store until his death 2 months ago at the age of 67. Since his passing, Edna has been struggling financially. She would like to know which of the following organizations will immediately pay her a benefit?
  • A. Old Age Security (OAS) allowance for surviving spouse.
  • B. Canada Pension Plan (CPP) survivor benefits.
  • C. She will not receive any benefit.
  • D. Workers' Compensation.
Answer: B
Explanation:
Since Edna was married to Donald, she is eligible to receiveCanada Pension Plan (CPP) survivor benefits, which provide a monthly benefit to surviving spouses. Old Age Security (OAS) survivor allowance may not apply directly here as it is conditional and may not provide immediate benefits like the CPP does in this situation. Workers' Compensation does not apply as it pertains to workplace injuries, and since Donald was not injured on the job, it does not cover Edna's situation.Therefore,Option Cis correct.

NEW QUESTION # 56
Mark and Jesse had a joint life insurance policy which they purchased on the advice of their insurance agent, recognizing that if one of them died, the other would need an insurance benefit to pay off their mortgage and for final expenses. Coverage is $450,000. Last week their car went off the road in a snowstorm. Both were declared dead at the scene. The two had named their adult nephew, Louis, as contingent beneficiary. What is the amount of the benefit the insurer will pay Louis?
  • A. $900,000.
  • B. $675,000.
  • C. $450,000.
  • D. $225,000.
Answer: C
Explanation:
Comprehensive and Detailed in Depth Explanation with Exact Extract from Documents and Guides:
A joint life insurance policy can be either "first-to-die" or "last-to-die." TheIFSE Ethics and Professional Practice Course (Common Law)explains that a first-to-die policy pays the death benefit upon the death of the first insured, typically to the surviving insured, while a last-to-die policy pays upon the death of the second insured, often to a contingent beneficiary. Here, the policy's purpose (to benefit the survivor for mortgage and expenses) suggests a first-to-die structure. However, Mark and Jesse died simultaneously in the crash. In such cases, the policy pays the full benefit to the contingent beneficiary (Louis) as if one death triggered the payout. The coverage is $450,000, not split (A), multiplied (C), or doubled (D). Thus, Louis receives
$450,000, making B correct.
References:
IFSE Ethics and Professional Practice Course (Common Law), Module 2: Insurance Contracts, Section on
"Joint Life Policies and Simultaneous Death."

NEW QUESTION # 57
Edward and Shirley initiated a whole life insurance application for their daughter Christine when she was 15 years of age. As Christine was a student with limited income at the time, the agent set Edward and Shirley jointly as owning and paying the premiums of this policy. Edward was designated beneficiary. Who is the policyholder?
  • A. Christine, as she is the life insured.
  • B. Edward and Shirley, as they are designated owners of the policy.
  • C. Edward, as he is the designated beneficiary.
  • D. Edward and Shirley, as they are paying the premiums.
Answer: B
Explanation:
Comprehensive and Detailed in Depth Explanation with Exact Extract from Documents and Guides:
In insurance terminology, the policyholder (or policy owner) is the person or entity that owns the insurance contract and has the legal rights to make decisions about it, such as changing beneficiaries or cancelling the policy. TheIFSE Ethics and Professional Practice Course (Common Law)clearly distinguishes between the life insured (the person whose life is covered), the beneficiary (who receives the death benefit), and the policy owner. In this case, Edward and Shirley are explicitly designated as the joint owners of the policy, not merely premium payers. Christine, as the insured, has no ownership rights unless specified, and Edward's status as beneficiary does not confer ownership. Paying premiums does not automatically make someone the policyholder unless they are also the designated owner. Therefore, option D is correct.
References:
IFSE Ethics and Professional Practice Course (Common Law), Module 2: Insurance Contracts, Section on
"olicy Ownership and Roles."

NEW QUESTION # 58
......
It is our mission to help you pass the exam. LLQP guide torrent will provide you with 100% assurance of passing the professional qualification exam. We are very confident in the quality of LLQP study guide. And we believe that all students who have purchased our study materials will be able to successfully pass the professional qualification exam as long as they follow the content provided by LLQP study guide, study it on a daily basis, and conduct regular self-examination through mock exams. Once you unfortunately fail the exam, LLQP Guide Torrent will provide you with a full refund and the refund process is very simple. As long as you provide your staff with your transcripts, you will receive a refund soon. Of course, before you buy, LLQP certification training offers you a free trial service, as long as you log on our website, you can download our trial questions bank for free. I believe that after you try LLQP certification training, you will love them.
LLQP Practice Exam Online: https://www.prepawaypdf.com/IFSE-Institute/LLQP-practice-exam-dumps.html
What's more, part of that PrepAwayPDF LLQP dumps now are free: https://drive.google.com/open?id=1K50Mo8D5fsbY7uG8j997bMy_UgiSc8zX
https://www.prep4king.com
Reply

Use props Report

Return to List
High mode
B Color Image Link Quote Code Smilies
You need to log in before you can reply Login | Register

This forum Credits Rules

  •  

Service Hotline : (+86)18688117175
Contact us
E-mail : global@t-firefly.com
Copyright © 2014-2022, FIREFLY TECHNOLOGY CO.,LTD. All Rightts Reserved. 粤ICP备14022046号-2
Quick Reply Back to top Back to list