LLQP TEST PDF, EXAM DUMPS LLQP PROVIDER

LLQP Test Pdf, Exam Dumps LLQP Provider

LLQP Test Pdf, Exam Dumps LLQP Provider

Blog Article

Tags: LLQP Test Pdf, Exam Dumps LLQP Provider, LLQP Valid Dumps Files, LLQP Hot Spot Questions, LLQP Reliable Braindumps Ppt

Considering many exam candidates are in a state of anguished mood to prepare for the LLQP exam, our company made three versions of LLQP real exam materials to offer help. All these variants due to our customer-oriented tenets. As a responsible company over ten years, we are trustworthy. In the competitive economy, this company cannot remain in the business for long. But we keep being the leading position in contrast. We are reactive to your concerns and also proactive to new trends happened in this LLQP Exam.

Starting from our LLQP practice materials will make a solid foundation for your exam definitively. Do not satisfied with using shortcuts during your process, regular practice with our LLQP exam prep will be easy. Tens of thousands of people has achieved success with our LLQPstudy questions, you can absolutely do it. And you will find that passing the LLQP exam is as easy as pie.

>> LLQP Test Pdf <<

Exam Dumps IFSE Institute LLQP Provider - LLQP Valid Dumps Files

I would like to inform you that you are coming to a professional site engaging in providing valid LLQP dumps torrent materials. We are working on R & D for IT certification many years, so that most candidates can clear exam certainly with our LLQP dumps torrent. Some of them can score more than 90%. Some candidates reflect our dumps torrent is even totally same with their real test. If you want to try to know more about our LLQP Dumps Torrent, our free demo will be the first step for you to download.

IFSE Institute Life License Qualification Program (LLQP) Sample Questions (Q120-Q125):

NEW QUESTION # 120
Antonin and Magali are common-law partners in their thirties. They have two children together: a five-year- old daughter and a two-year-old son. Divorced from ex-wife Vanina, Antonin must pay her $1,500 a month in child support until their 10-year-old son reaches 25 years of age. Antonin is covered under a group life insurance policy equal to one year of his $75,000 annual salary. Magali does not currently earn any income, as she takes care of their two children full-time. Antonin is the sole owner of their residence, which will be fully paid off in 25 years.
What life insurance coverage do Antonin and Magali need in their situation?

  • A. Permanent coverage to replace Antonin's income.
  • B. Mortgage payment coverage, group insurance coverage equal to twice Antonin's annual salary and 15- year term coverage to support the child from his previous relationship.
  • C. Mortgage payment coverage, term-to-age 65 coverage to replace Antonin's income and 15-year term coverage to support the child from his previous relationship.
  • D. Permanent coverage to replace Antonin's income and 15-year term coverage to support the child from his previous relationship.

Answer: C

Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
This is a multi-need situation. The LLQP recommends layering coverage:
* A 25-year term policy for mortgage protection.
* A term-to-65 policy for income replacement.
Reference: Insurance Study Guides Chinese.pdf, Needs Analysis - Family and Legal Obligations


NEW QUESTION # 121
Leonard and Ashley, a couple in their early 30s, meet with Howard, an insurance agent, to review their investment needs. Leonard earns $60,000 a year as a research physicist, and Ashley earns $25,000 as an actress. They each have $3,000 in their respective chequing accounts. Leonard also has $40,000 invested in his group registered retirement savings plan (RRSP). Ashley has a Subaru WRX worth $20,000 with a car loan of $10,000. Leonard does not own a car, but he has an outstanding student loan of $30,000.
What is the couple's net worth?

  • A. $111,000
  • B. $23,000
  • C. $26,000
  • D. $56,000

Answer: C

Explanation:
To calculate net worth, we sum the couple's assets and subtract their liabilities. The calculation is as follows:
Assets:
* Leonard's chequing account: $3,000
* Ashley's chequing account: $3,000
* Leonard's group RRSP: $40,000
* Ashley's car (Subaru WRX): $20,000
Total Assets:$66,000
Liabilities:
* Ashley's car loan: $10,000
* Leonard's student loan: $30,000
Total Liabilities:$40,000
Net Worth Calculation:$66,000 (Assets) - $40,000 (Liabilities) = $26,000 The couple's net worth is therefore $26,000, which aligns with LLQP methodologies for net worth calculations by considering all assets minus liabilities.


NEW QUESTION # 122
(Ten years ago, Yamina invested $2,500 in a segregated fund contract with a 75%/100% guarantee structure. The market value of the contract peaked at $4,500 but then fell. Now, at maturity, the units are worth $2,250.
How much can Yamina expect to receive?)

  • A. $3,375
  • B. $1,875
  • C. $2,500
  • D. $2,250

Answer: C

Explanation:
With a75% maturity guarantee, Yamina is guaranteed to receive at least75% of the original investmentat maturity, regardless of market performance.
75% × $2,500 =$1,875, but because there is aresetpossibility if applicable and a100% death benefit guarantee, and if there had been any resets (not mentioned here), she would get the original amount$2,500 based on the basic guarantee.
Exact Extract:
"At maturity, if the market value is less than the guaranteed amount (typically 75% or 100% of the deposited amount), the maturity guarantee is paid." (Reference:Segfunds-E313-2020-12-7ED, Chapter 2.1.1 Guarantees#33:4†Segfunds-E313-2020-12-7ED.
pdf**)


NEW QUESTION # 123
Laraine wants to purchase an Individual Variable Insurance Contract (IVIC) because of the death benefit guarantee as she has been ill. She has decided on a segregated fund which has, as its underlying asset, units of a mutual fund that invests in North American common shares. Her insurance agent, Jeffrey, wants her to understand key issues before she completes and signs the application. What should Jeffrey do?

  • A. Tell her she must complete a medical questionnaire which will be attached to the application.
  • B. Provide her with the summary information folder for the segregated fund.
  • C. Tell her she has a 10-day "free look" to review the contract.
  • D. Provide her with the prospectus issued for the underlying mutual fund units.

Answer: B

Explanation:
Comprehensive and Detailed in Depth Explanation with Exact Extract from Documents and Guides:
An IVIC, such as a segregated fund, is an insurance product with investment components, and agents are required to ensure clients understand its features. TheIFSE Ethics and Professional Practice Course (Common Law)mandates that agents provide a summary information folder (or similar disclosure document) specific to the segregated fund, outlining its risks, benefits, and guarantees (like the death benefit). A prospectus (A) is for mutual funds, not segregated funds, which have distinct disclosure requirements. While a 10-day "free look" period (C) exists, it's not the primary disclosure step before signing. A medical questionnaire (D) may be required but isn't about understanding the product. Jeffrey's duty is to ensure Laraine understands the segregated fund via the summary information folder, making B correct.
References:
IFSE Ethics and Professional Practice Course (Common Law), Module 5: Investment Products and Insurance, Section on "Segregated Funds Disclosure."


NEW QUESTION # 124
(Nancy has invested $100,000 in mining company stocks in her local area.
To which of the following risks is Nancy most exposed?)

  • A. Liquidity risk
  • B. Inflation risk
  • C. Interest rate risk
  • D. Industry risk

Answer: D

Explanation:
By investing heavily in asingle sector(mining), Nancy facesindustry risk. Industry-specific issues such as regulation changes, market conditions, or operational challenges could severely impact her investments.
Exact Extract:
"Industry risk is the risk that factors affecting an entire industry may negatively impact investments within that sector. Concentrating investments in a single industry increases exposure to this type of risk." (Reference:Segfunds-E313-2020-12-7ED, Chapter 1.4.9 Industry Risk)


NEW QUESTION # 125
......

Users don't need to install any plugins or software to attempt the IFSE Institute LLQP practice exam. All operating systems support this format. The third and last format is Life License Qualification Program (LLQP) (LLQP) desktop software that can be used on Windows computers. The customers that have Windows laptops or computers can attempt the practice exam and prepare for it efficiently. These formats are in use by a lot of applicants currently and they are preparing for their best future on daily basis. Even the customers who have used it in the past for the preparation of IFSE Institute LLQP Certification Exam have rated our product as one of the best.

Exam Dumps LLQP Provider: https://www.vce4plus.com/IFSE-Institute/LLQP-valid-vce-dumps.html

IFSE Institute LLQP Test Pdf Numerous of the candidates have been benefited from our exam torrent and they obtained the achievements just as they wanted, Everyone might have their own approach to discover, how to associate LLQP certified professional, You can pass LLQP certification test on a moment's notice by VCE4Plus exam dumps, IFSE Institute LLQP Test Pdf This allows our data to make you more focused on preparation.

This is a general philosophical pointer, List the experiences that can be used LLQP to document what you know, Numerous of the candidates have been benefited from our exam torrent and they obtained the achievements just as they wanted.

Pass Guaranteed Quiz IFSE Institute - LLQP Useful Test Pdf

Everyone might have their own approach to discover, how to associate LLQP certified professional, You can pass LLQP certification test on a moment's notice by VCE4Plus exam dumps.

This allows our data to make you more focused on preparation, That is the crucial part to pass the LLQP exam.

Report this page