Complete Guide about LLQP Exam



Do you want to be a life insurance agent? Then you must know a few things about the LLQP exam. To be a certified insurance agent in Canada it is mandatory to register for LLQP (Life License Qualification Program). It is actually one of the most essential licensing programs to be a certified insurance agent in Canada. Thereby, it is compulsory to register in the program and pass all the exams that are included in the program. After the successful completion of the exam, you can finally sell your insurance policy. You can either join a program or register for LLQP courses online, but make sure to excel in it.

Are you still unclear about LLQP course? Do you have questions about Life Insurance Qualification Program? Let’s have a glance at all your questions.

Why was the LLQP program implemented in Canada?

In Canada, the LLQP program was fragmented in most of the provinces and territories. The financial territories in Canada have seen a lot of alterations in Canada in past years due to which stability and regularity became a more important discussion. 

In order to get better regularity and consistency the Canadian Insurance Self-regulatory Organization, worked in correlation with all the territories and provinces insurance regulators to set a unified course.

Is LLQP program tougher than before as it takes a longer time to prepare?

If you are planning to be a part-time insurance agent then it might take longer for you to prepare for the exam. The harmonized LLQP programs need your time and dedication for preparation. The entire industry has completely changed because of the new laws and implementation on taxes. If you are looking for a career as an insurance agent then it is good to prepare yourself for the LLQP exam.

More things you need to know about LLQP

If you want to complete an LLQP exam then you will have to complete the LLQP course. The LLQP qualifying courses are only valid for a year after the date of completion. If the course expires before completion of the exam then the candidate will have to complete the course again.

What happens if the candidate is not able to complete all of the modules in the LLQP training? Can he/she write the exam for every module? Well, the answer is no. Before writing the exam you will have to clear the entire course. 

Conclusion

LLQP is basically an entry-level exam for those who want to pursue a career as an insurance agent must take up LLQP course as it will help them in improving their skills and knowledge.  Also, you broaden your knowledge about life insurance through these courses. You can even find online courses for LLQP. These types of courses give you a more flexible approach to studying. If you want to check your caliber then you look for online tests or sample papers as well.

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