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Welcome

Congratulations to those of you who recently wrote and successfully completed your LLQP Provincial Exam. Welcome to the life insurance business!

For those of you who are preparing for your Advocis and/or Provincial LLQP exams, I thought you might be interested in some recent pass rate statistics for November and December 2009. These statistics compare the success rate of Advocis/Foran students with students enrolled with other LLQP course providers. These results are for first-time writers in Ontario, although there is little variation from province to province.

November 2009: Advocis/Foran: 98%
All other providers: 69%
December 2009: Advocis/Foran: 90%
All other providers: 68%

According to these statistics, students enrolled in the Advocis/Foran program are doing very well on their exams.


Sample LLQP Test Questions

1. This plan is a form of life insurance where the investment component (account value) is separated from the insurance component (i.e. term to 100 policy). Annual premiums cover the policy, with a portion designated for fees and the death benefit, and the excess is credited to the account value, which is the investment account controlled by the policyholder. This is:

  1. whole life insurance
  2. a segregated fund
  3. universal life insurance
  4. a term to 100 policy

Get the answer and rationale for this question online.

Take the LLQP sample question challenge all the way and try more questions.


Education programs to guide you through your career

Advocis’ Education Resources department offers a complete range of education programs.

To see how our programs can help guide you as you move through your career, please see our Curriculum Map.

To learn more about our educational programs and resources, please click here .


A New Membership Category For LLQP Student Members

As you may know, Advocis recently introduced a new LLQP Student Member membership category. Students taking Advocis’ LLQP who are not yet licensed are eligible for this complimentary membership. To join, go here and download a pdf of the application form.


Additional Study Aids

Preparatory Seminars and Practice Exams
LLQP Prep Seminars – A comprehensive four-day classroom-based seminar intended to prepare you for writing the certification and final licence exams.
Contact Foran Financial at: 416-947-1922 or 1-800-565-0374.

FEBRUARY 2010

In This Issue


Sample LLQP Test Questions
Additional Study Aids

Resources
LLQP Program Overview
LLQP FAQ
Regulators & Licencing
Exam Schedule

Comments & Questions
Ask The LLQP Expert
Newsletter Feedback

 



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