Program2027 edition · official LLQP curriculum
LLQP study program: 8 modules, 42 lessons
One module per LLQP exam, in the order of the official curriculum, plus a diagnostic, a taxation bonus, the 2027 updates and 20 practice exams. Every lesson ends with a quiz; every module ends with a timed check.
- Aligned on the official LLQP curriculum
- One payment, no subscription
- Instant access, unlimited attempts
The program2027
8modules
42lessons
70practice quizzes
≈60 hof study
2,760questions with hint and explanation
42lessons in 8 modules
20practice exams in the official format
60%pass mark for each module
The logic
Why the program is built in this order
Modules 0 and 4
The foundations
The exams, the method and the Ethics rules — contract law, beneficiaries, agents' duties — that apply in every other module.
Modules 1 to 3
One module per exam
Life Insurance, Accident and Sickness, Segregated Funds and Annuities: each module follows the four components of the official competency.
Modules 5 to 7
Up to date and proven
The taxation bonus, the 2027 updates and traps, then 20 practice exams at the official load, scored by competency.
Module by module
Every lesson and what you will be able to do
Search a topic (try "reset", "ACB" or "offset") or filter by module or by licence path.
8 modules · 2,760 questions
00Module 0 — Getting startedHow the LLQP exams work, how questions are built, and a study plan that fits your licence and your exam date.
- 0.1The LLQP: course, four exams, pass mark, rewrites and deadlines
- describe the four modules, their length and the 60% pass mark
- explain the rewrite policy and the one-year wait after a fourth failure
- track your course-certificate and 12-month licensing deadlines
- 0.2Method: question types, case studies, calculations and the reference material
- recognize knowledge, comprehension and application questions
- solve a case study step by step: facts, need, rule, answer
- use the reference material provided at the exam without losing time
- 0.3Your 4-, 6- or 8-week study plan
- choose a plan for the full licence or the A&S-only licence
- balance lessons, quizzes, module checks and practice exams
- read your score by competency and decide what to review
- DDiagnostic — where do you stand?
40 questions across the four modules, 60 minutes, no hints.40 questions
01Module 1 — Life InsuranceLife examTerm, whole life, T100, universal life, riders, group life, taxation, business insurance, underwriting, needs analysis and service.
- %Official exam blueprint
Assess 35% · Analyze 30% · Recommend 25% · Service 10% - 1.1Introduction to life insurance
- explain risk pooling, mortality and how a premium is built
- distinguish the policyowner, life insured and beneficiary
- compare stock and mutual insurers, agents and brokers
- 1.2Term life insurance
- compare level, decreasing, renewable and convertible term
- explain renewal premiums based on attained age
- use the conversion privilege at the right time
- 1.3Whole life and term-to-100 insurance
- compare participating and non-participating whole life
- use cash values, policy loans and the APL
- choose among the non-forfeiture and dividend options
- 1.4Universal life insurance
- explain the account, cost of insurance (YRT vs level) and fees
- compare level and face-plus-fund death benefit options
- calculate the effect of the account value on the net amount at risk
- 1.5Riders and supplementary benefits
- match waiver of premium, ADB and guaranteed insurability to a need
- explain term riders on the insured, spouse and children
- spot the limits and exclusions of each rider
- 1.6Group life insurance
- describe the master contract, certificate and eligibility rules
- apply the 31-day conversion privilege
- compare group and individual coverage for a client
- 1.7Taxation of life insurance and tax strategies
- calculate the ACB and the policy gain on a surrender, withdrawal or loan
- explain exempt policies and the tax-free death benefit
- apply transfers to a child and the CDA mechanism
- 1.8Business life insurance
- recommend key person, buy-sell and loan protection coverage
- compare corporate-owned, criss-cross and promissory note structures
- explain the capital dividend account credit
- 1.9Application and underwriting
- complete an application and the agent's report accurately
- explain medical, financial and MIB underwriting
- manage conditional receipts, delivery and changes in health
- 1.10Assessing the client's situation
- gather the facts: family, income, debts, assets, existing coverage
- run a capital needs analysis with discounting
- assess whether existing coverage still fits
- 1.11Recommending an insurance policy
- match product, amount and duration to the needs and budget
- explain illustrations and their assumptions
- document the recommendation and handle replacements
- 1.12Ongoing service
- handle beneficiary changes, assignments, loans and reinstatements
- review coverage after life events
- guide a beneficiary through the claims process
- CModule 1 check
30 mixed questions, 60 minutes, no hints. Aim for 80%.30 questions
02Module 2 — Accident and Sickness InsuranceA&S examDisability, critical illness, long-term care, health and dental, business coverage, client profile and group plans.
- %Official exam blueprint
Assess 35% · Analyze 30% · Recommend 25% · Service 10% - 2.1Financial protection provided by A&S insurance
- map the risks: loss of income, health costs, loss of autonomy
- situate government plans: CPP disability, EI, workers' compensation
- identify the gaps private insurance fills
- 2.2Insurance to protect income
- compare own-occupation, any-occupation and residual definitions
- set the elimination period, benefit period and benefit amount
- apply offsets, taxation and issue limits
- 2.3Insurance to protect assets
- explain critical illness: covered conditions, survival period, riders
- explain long-term care triggers and benefit types
- recommend CI or LTC for a given client
- 2.4Insurance to protect savings
- describe extended health, dental, drug and travel coverage
- explain deductibles, co-insurance and maximums
- compare individual plans and health spending accounts
- 2.5Insurance to protect businesses
- recommend business overhead expense insurance
- structure disability buy-out and key person disability coverage
- explain the tax treatment of business A&S coverage
- 2.6Client profile
- gather occupation, income, health and existing coverage
- measure the income gap in case of disability
- rank needs by priority and budget
- 2.7Insurance recommendation, contract and service needs
- compare non-cancellable, guaranteed renewable and other renewability
- explain pre-existing condition clauses and exclusions
- manage a disability or CI claim from notice to payment
- 2.8Group plan specifics
- compare insured, ASO and stop-loss arrangements
- apply coordination of benefits and the birthday rule
- explain the taxation of group A&S premiums and benefits
- CModule 2 check
30 mixed questions, 60 minutes, no hints. Aim for 80%.30 questions
03Module 3 — Segregated Funds and AnnuitiesSeg Funds examInvesting basics, segregated fund guarantees, annuities, investor profile, recommendation, contracts and group retirement plans.
- %Official exam blueprint
Assess 35% · Analyze 30% · Recommend 25% · Service 10% - 3.1Investment and savings
- compare cash, fixed income and equities: risk and return
- explain inflation, compounding and diversification
- compare RRSP, TFSA, RRIF and non-registered accounts
- 3.2Segregated funds
- explain maturity and death benefit guarantees (75% to 100%)
- calculate resets and the proportional reduction on withdrawals
- explain creditor protection and the probate bypass
- 3.3Annuities
- compare life, term-certain, joint and last survivor annuities
- explain guarantee periods and indexing
- calculate the taxation of prescribed and non-prescribed annuities
- 3.4Investor profile
- apply know-your-client: objectives, horizon, knowledge
- distinguish risk tolerance from risk capacity
- document the investor profile
- 3.5Segregated fund and annuity recommendation
- compare segregated funds with mutual funds and GICs
- match a guarantee level and fund mix to a profile
- explain fees and the end of DSC sales
- 3.6Segregated fund contracts
- read the information folder, contract and Fund Facts
- explain the roles of contract holder, annuitant and beneficiary
- calculate taxable allocations, including capital losses
- 3.7Annuity contracts
- explain the parties and settlement options
- plan the conversion of an RRSP into a RRIF or an annuity
- calculate RRIF minimums and the younger-spouse election
- 3.8Group retirement and investment plans
- compare DB and DC pension plans, group RRSPs and DPSPs
- explain vesting, locking-in, LIRAs and LIFs
- advise a member who leaves the employer
- CModule 3 check
30 mixed questions, 60 minutes, no hints. Aim for 80%.30 questions
04Module 4 — Ethics and Professional Practice (Common Law)Ethics examLegal framework, policy provisions, claims and payment of benefits, and the rules governing life and A&S agents.
- %Official exam blueprint
Legal aspects 60% · Agents' rules 40% - 4.1Legal framework governing insurance
- describe the provincial Insurance Acts, regulators and CISRO/CCIR
- characterize the parties: insurer, policyowner, insured, beneficiary
- explain contract formation, insurable interest and utmost good faith
- 4.2Insurance policy provisions
- apply the grace period, lapse and reinstatement rules
- apply contestability, misrepresentation and misstatement of age
- designate revocable, irrevocable and preferred beneficiaries and trustees
- 4.3Claims and payment of benefits
- handle life, A&S and annuity claims
- explain payment to minors, into court and to the estate
- explain exemption from seizure and creditor protection
- 4.4Rules and principles governing agents
- apply licensing, E&O, disclosure and replacement rules
- apply fair treatment of customers, conflicts of interest and privacy
- explain AML obligations and the role of Assuris and the OLHI
- CModule 4 check
20 mixed questions, 45 minutes, no hints. Aim for 80%.20 questions
05Module 5 — Bonus: Taxation principlesThe tax calculations that come back in the Life and Segregated Funds exams, practised until they are automatic.
- 5.1Canadian tax framework
- explain marginal rates, credits and deductions
- distinguish income, capital gains and dividends
- situate registered and non-registered plans
- 5.2Investment income
- calculate interest, dividend and capital gain taxation
- explain attribution rules between spouses
- compare TFSA and RRSP for a client
- 5.3Taxation and insurance
- calculate policy gains on surrenders, withdrawals and loans
- explain the taxation of annuities and segregated fund allocations
- explain the taxation of A&S benefits
- 5.4Tax strategies using life insurance
- fund taxes at death and estate equalization
- use corporate-owned insurance and the CDA
- explain the leveraged insured annuity concept
- CModule 5 check
20 calculation questions, 45 minutes. Aim for 80%.20 questions
06Module 6 — Up to date for 2027What changed since older study notes were written, and the 20 traps that cost the most points.
- 6.1What changed and makes old notes wrong
- apply the national exam administration policy (July 2024)
- explain the end of DSC sales on segregated funds (June 2023)
- apply fair treatment of customers expectations
- 6.2The 20 most frequent traps, exam by exam
- spot distractors built on a half-true rule
- avoid calculation traps: ACB, offsets, proportional reduction
- manage the clock: 75 minutes for 35 questions
07Module 7 — Practice exams in the official format20 unseen practice exams with the same load as the real sitting, 4 speed sets, and a score by curriculum competency.
- 7.0How to use the 20 practice exams
- take a practice exam under real conditions
- read your score by competency against the 60% line
- apply the rule: two results at 70% or more, on different days
- 01–05Life Insurance practice exams
5 exams · 35 questions · 75 minutes · 60% pass mark175 questions - 06–10Accident and Sickness practice exams
5 exams · 35 questions · 75 minutes · 60% pass mark175 questions - 11–15Segregated Funds and Annuities practice exams
5 exams · 35 questions · 75 minutes · 60% pass mark175 questions - 16–20Ethics and Professional Practice practice exams
5 exams · 25 questions · 75 minutes · 60% pass mark125 questions - SSpeed sets
4 sets of 25 questions, one per exam, 30 minutes, with hints100 questions
Formats
Five ways to practise, each with a purpose
| Format | Size | Hints | Explanations |
|---|---|---|---|
| Practice quiz (70) | Up to 30 questions, unlimited attempts | ✓ Pointer, then 50/50 | Right after each answer |
| Diagnostic (1) | 40 questions, 60 minutes | — | Review screen |
| Module check (5) | 20 or 30 questions, 45–60 minutes | — | Review screen |
| Speed set (4) | 25 questions, 30 minutes | ✓ | Right after each answer |
| Practice exam (20) | Official load: 35 questions (25 for Ethics), 75 minutes | — | Review screen + score by competency |
Planner
Start from your exam date
Choose your licence, a date and a pace. The plan follows the program and keeps the last week for practice exams.
When to book: two practice exams at 70% or more, on different days, with no competency below 60%.
Your LLQP study plan
Sample
Try the questions of one module
Pick a module and answer a few questions from the course, with the same hint and explanation as inside.
Questions by module
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FAQ
Questions about the program
How long does the preparation take?
About 60 hours: 42 lessons and 70 quizzes, plus the diagnostic, 5 module checks, 4 speed sets and 20 practice exams. Over 4, 6 or 8 weeks, depending on your licence and availability.
Why start with Ethics?
Its rules — contract formation, contestability, beneficiaries, agents' duties — come back in the Life, A&S and Seg Funds case studies. Learning them first makes the other modules faster.
I only want the A&S licence. What do I do?
Modules 0, 4, 2 and 6, then the Ethics (16–20) and A&S (06–10) practice exams. Use the "A&S-only licence path" filter above and the A&S profile in the planner.
Is the program identical to the official LLQP curriculum?
The four exam modules follow the harmonized CISRO curriculum and the chapter structure used by approved course providers. The competency weights shown in each module are the official ones.
Your plan is ready
Follow the program. Pass all four modules.
42 lessons, 2,760 questions and 20 practice exams for a single payment of $40.
Independent study aid, with no link to CISRO, a provincial regulator, an exam administrator or an insurer. It does not replace the mandatory LLQP course. Rules change: check them with the official sources. Terms · Privacy · Legal notice