LLQP - Life License Qualification Program

  • 2014 03 - LLQP - Report on LLQP Curriculum - Survey Results, CISRO-OCRA - 24p
  • 2014 03 - LLQP - Life License Qualification Program - Curriculum, CISRO-OCRA - 58p
  • 2015 05 - LLQP - Life License Qualification Program - Curriculum, CISRO-OCRA - 59p

  • E311 - Life Insurance -
    • 2022 - 654270898-LifeInsur-E311-2022-10-9ED-6
    • 2016 - LifeInsurance E311 2016-11-3ED
  • E313 - SegFunds
    • 2020 - Segfunds E313 2020 12 7ED
  • E112 - Ethics
    • 2022 - EthicsCanada E112 2022-10-9ED
    • 2020 - Ethics
    • 2018 - Ethics
    • 2017 - 489184474-EthicsCanada-E112-2017-12-4ED-R-1-pdf
    • EthicsCanada E112 2016-11-3ED
  • E211 - Taxation
    • 2022 - Taxation E211 2022 10 9ED
    • 2015 - Taxation
  • Seg Funds N Annuities
    • 2015 - 1st Edition - Seg Funds N Annuities
  • AccidentSickness E312 2022-10-9ED
  • fsrao.ca/licensing/life-and-accident-sickness-agent/life-licence-qualification-program-llqp
    • Approved course providers
      • Advocis - The Financial Advisors Association of Canada - [link]
      • x - Business Career College - [link]
      • Canadian Securities Institute (CSI) - A Moody's Analytic Company - [link]
      • College for Financial Professions - [link]
      • iA Groupe Financie - [link]
      • IFSE Institute - IFSE is the educational arm of The Investment Funds Institute of Canada (IFIC) - IFIC is the voice of Canada’s investment funds industry - [link]
      • [Beneva] - La Capitale Financial Security Insurance Company - [link]
        • On January 1, 2024, La Capitale Financial Security Insurance Company becomes Beneva inc, your new life, health and disability insurer. 
      • Learnedly - [link]
      • Oliver Publishing - [link]
      • Primerica Life Insurance Company of Canada
        •  - Primerica - 
          • Adjustable Life
          • Universal Life - Company gives choice of 2 premiums
            • 46 - Minimum Premium - YRT
            • 46 - Target Premium - Keep the policy inforce for its lifetime. Skip Premium - Won't lapse - can be deducted from Cash Value - Guaranteed vs Current Interest Rate
            • 2 Components
              • Insurance - ART - Annual Renewable Term
            • Withdrawal / Loans / 
            • 2 Death Benefit Options
              • Option A - Level Death Benefit, Cash Value Grows
              • Option B - 
              • Corridor - US Only?
      • Real Estate and Mortgage Institute of Canada (REMIC)
      • SeeWhy Learning - [link]

  • Family Financial University - youtube.com/@ffu1219
    • [VIDEO-YouTube-02:48]
      • Permanent Insurance
      • Increase or Decrease your Coverage
      • Premium Holiday
      • Combination of 2 products
        • Insurance and Investment Component
        • BTID - Buy Term and Invest the Different
      • Unbundled
        • You can tell the consumer how much is going to go to Insurance and how much to Investments
        • 3 Components - [Bonk:P1P2] - Consumers can chose Mortality Cost and Interest, but not Administrative Costs
          • Mortality Cost - They Can Pick and Chose the Mortality Cost
          • Interest
          • Expenses - Administration Costs
  • 4 3 Pricing the Insurance Component 345938311 - [NAR - Net Amount of Risk] - [VIDEO-YouTube-08:05]
  • 4 4, 12 10 3 Unique Features of Universal Life 208515126 -
    • Can't Take Loans from a Whole Life Policy
    • People usually set policies up as [Option B]
    • Return Premium Option
    • Indexed UL - Erosion of Purchasing Power
  • - Life Insurance - LLQP - Day 1 - [VIDEO-YouTube-02:10:45]
    • After-tax dollars
    • Beneficiary 
    •  
  • BCC - Business Career College - youtube.com/@BCCLLQP
    • 2010 0731 - BCCE Education - LLQP Video Universal Life Insurance Part 1 - [VIDEO-YouTube-08:04]
    • Part 2 - 08:00 - Consumers Responsibility - 
    • Part 3 - 08:00 - Cash Value - [No mention of lapse]
    • Part 4 - P1P2 - Cash value - Stop Paying Premium - That's people's goals - This is realistic -
      • [No Mention of Coverage period - Any Plan]
      • Funding Level - YRT vs Level
      • Level Plus total account Value - [Option B]
      • Businesses - Loans - Whatever Money they put in, they can get out
      • 4. Consumer Accoutable - responsible for how the policy Works. They have to look at their Annual Statements. Coverage - Don't have the opportunity to change that once you are in the policy. - [Bonk: Coverage Period?]
      • Loans
      • Creditor Protection of the Account Value
      • Beneficiary
      • Estate Planning Tool
      • Can use to meet needs throughout their lives.
  • BCC - Business Career College - LLQP Seg Funds
  • BCC - Business Career College- Universal Life Insurance Part 1
    • [Same as the one from 2010 - Crinkling Noise]
  • 2022 0803 - Jacob Tompkins - LLQP Module 1: Life Insurance | Chapter 4: Universal Life Insurance - [VIDEO-YouTube-20:13]
    • [Bonk: Not a LLQP Provider]
    • Description: Welcome! I am a 22 year old, currently studying to become licenced to sell insurance in Canada. I am a Carleton University graduate, where I graduated with a Bachelor of Commerce with a double concentration in Accounting and Finance. I created this channel with the hopes of being able to educate others of the world of investing. Note that I am currently not licenced for insurance and that I am simply making these review videos as a way to help both myself and you study for the LLQP exam.