Free IFSE Institute LLQP Exam Dumps Questions & Answers

Arthur is a 79-year-old long-term care (LTC) policyholder whose daughter, Sheila, visits daily to help him get dressed and prepare meals. Sheila wants him to enter a nursing home because he isunable to dress himself.
Though he cannot prepare his own meals, he can still feed himself, and once undressed, he can wash himself, seated in the bathtub.
Is Arthur eligible to receive LTC benefits?

• A.No, Arthur is not eligible because even though he cannot prepare his own meals, he is able to feed himself.
• B.No, because except for dressing himself, Arthur can perform all the other activities of daily living.
• C.Yes, Arthur is eligible because he cannot dress himself or prepare his own meals.
• D.Yes, Arthur is eligible because he is unable to dress himself and he must sit in the bathtub to wash himself.

Ae-Cha starts working for the manufacturer, Premier Vibe Inc., a company that offers its employees group insurance with Sprout Life Insurance. Ae-Cha meets with Devon, the group insurance representative, and learns that her group plan includes $75,000 of life insurance coverage. Ae-Cha would like to know who designates the beneficiary on the life insurance.

• A.Devon
• B.Ae-Cha
• C.Sprout Life
• D.Premier Vibe Inc.

Owen meets with his insurance agent, Rachel, to review his investments. Owen is interested in segregated funds. In particular, he wants to know more about the reset feature.
What should Rachel tell Owen about resetting his funds?

• A.There is no additional cost for a fund that provides a reset feature.
• B.The reset feature can be used if the market value increases or decreases.
• C.All segregated funds offer a reset feature.
• D.The reset feature may be automatic.

(Kara's uncle recently passed away, leaving her an inheritance. Since Kara does not hold any investment account and is not sure what to do with this unexpected influx of money, her cousin referred her to his own financial advisor.
What information should the advisor first seek to obtain from Kara to begin developing an investment strategy that meets her needs?)

• A.Who Kara wants to list as beneficiary.
• B.How liquid Kara needs her investment to be.
• C.Whether Kara would like to duplicate what her cousin has.
• D.The rate of return Kara wants for her investment.

Jackson, a new life insurance agent, is planning to promote a group insurance plan to small businesses in the area. After some research, he is able to locate a list of small business contact information online. The list contains office hours, phone numbers, as well as the office addresses. He prints off the list and prepares marketing material pertaining to group insurance and mails it to each of the small businesses. Jackson's business plan is to call the businesses one by one 14 days after the marketing material has been mailed. What should Jackson be aware of to comply with the usual business solicitation practice?

• A.Jackson's business solicitation practice is in full compliance.
• B.Jackson's business solicitation practice is in conflict with the Personal Information Protection and Electronic Documents Act.
• C.Jackson should make sure to obtain consent from the businesses in order to comply with Canadian Anti- Spam Legislation.
• D.Jackson should make sure the businesses are not on the National Do Not Call List.