VIP Exclusive
LLQP VIP Certification Practice Exam
LLQP — The Life License Qualification Program (LLQP) is a standardized Canadian insurance licensing examination administered by IFSE Institute and CSI, regulated by CISRO (Canadian Insurance Services Regulatory Organizations). It consists of four modules — Life Insurance, Accident & Sickness, Segregated Funds & Annuities, and Ethics & Professional Practice — each scored independently with a 60% passing threshold required in most provinces.
29
Questions
90m
Time Limit
60.00%
To Pass
Question 1 of 29👑 VIP
Marguerite is a 38-year-old business owner who applies for a $1,000,000 life insurance policy. On her application, she does not disclose that she was treated for a cardiac arrhythmia two years ago, believing it was minor and fully resolved. Three years after the policy is issued, she dies from a heart attack. The insurer investigates and discovers the non-disclosure. Which legal doctrine is most directly at issue, and what is the insurer's most likely course of action?
Questions 2–29 and full explanations are VIP-exclusive.