IMPORTANT
Please make certain to enrol in the course that meets the licensing requirements of the region or regions in which you will be selling insurance.
- To qualify to sell insurance in any province or territory except Quebec, select the common law course.
- To qualify to sell insurance only in the Province of Quebec, select the Civil Code course.
- To qualify to sell in insurance in all provinces and territories including Quebec, select the Canada course.
The common law and Civil Code courses each consist of four modules, and the Canada course consists of five modules.
You must pass ALL modules plus the final exam in the course you choose before CSI can confirm your eligibility to write your provincial exam.
How can you Master The World Of Insurance?
The LLQP Insurance Courses cover the curriculum prescribed by the Canadian Council of Insurance Regulators in a comprehensive yet concise manner. You'll gain comprehensive knowledge of the insurance industry, products and business.
The LLQP comprises four competencies:
- Develop an ethical professional practice in compliance with the rules governing the life insurance sector and insurance of persons sector (including group insurance of persons).
- Recommend individual and group life insurance products adapted to the client's needs and situation.
- Recommend individual and group accident and sickness insurance products adapted to the client's needs and situation.
- Recommend segregated funds, individual annuities, and group pension plans adapted to the client's needs and situation.
We provide in-depth coverage of the required knowledge for these competencies in the following modules:
- Life Insurance
- Accident and Sickness Insurance
- Segregated Funds and Annuities
- Ethics and Professional Practice (Common Law, Civil Code, or both)
- Life Insurance Taxation Principles (Optional Module)
(This content is not examinable but will help you acquire a thorough understanding of life insurance taxation and related strategies.)
The LLQP is a modular course with an end-of-module test for each module and a final exam covering all course material. The course was designed to reflect the content and examination requirements set out within the provincial regulators' curriculum document.
Note: The provincial LLQP examination is an open book format, and all candidates will be provided with an electronic copy of the modules at the exam centre. For information on your provincial exam, visit the CISRO website here.
What Does the LLQP Course Cover?
- Life insurance products, including term life, permanent life, universal life, and life insurance taxation strategies
- Disability, accident, and sickness insurance
- Risk management and needs analysis
- Underwriting, pricing, and claims, along with life insurance applications, policies, and the role of the agent
- Investment products such as common shares, debt securities, mutual funds, and segregated funds
- Canadian tax system, investment income, and tax strategies
- Savings and retirement plans such as RRSPs, TFSAs, RESPs, RRIFs, OAS, CPP/QPP, individual annuities, and group pension plans
- Legal context and the role of the organizations that protect clients
- Insurance ethics and professional practice considerations
What's New
| Topics: | Level of changes: |
| Life Insurance | Minor updates on three chapters: 7- Life Insurance Taxation strategies 8 - Business Life Insurance 10 - Business Owners |
| Ethics Canada | Minor updates & clarification |
| Ethics Quebec | Minor updates & clarification |
| Segregated Funds | Minor updates |
| Accident and Sickness | Minor updates in chapters 1 and 5 |
| Taxation (non-examinable) | Minor update based on the 2020 tax and retirement numbers |
What's included in the LLQP Insurance Course?
The LLQP course covers the following topics:
- An electronic textbook consisting of four modules: Life Insurance; Segregated Funds & Annuities; Accident and Sickness; and Ethics & Professional Practice
- Extensive online learning activities such as client scenarios, practice exercises, quizzes, review questions, and mini case studies
- A Practice Final Exam to help you assess your readiness to take the certification exams
- A bonus Taxation module with online learning activities
(Although not tested on the exam, this module contains information that will help you understand the tax implications of life insurance products.) - Access to assistance from CSI's academic support specialists
- Study tips to help you focus your study efforts
Note: All students are required to register on the regulator's national registry (CIPR) upon enrolment into this course. You will not be able to access your course material until your CIPR registration has been completed. You will find step-by-step instructions on our learning platform after you have registered for the course. Once you complete all required steps, CSI will be notified that you have successfully registered into CIPR. We will then release your course material on the same day or next business day.
Once you successfully complete all required modules plus the final exam, CSI will update CIPR, showing your eligibility to challenge the provincial exam. CIPR will be updated the next business day after your successful course completion. We suggest you do not register for your provincial exam until this process is complete.
What you'll learn
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Syllabus
Ethics and Professional Practice (Common Law)
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Ethics and Professional Practice manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains four chapters:
- Legal Framework Governing Insurance.
- Insurance Policy Provisions.
- Life Insurance, Accident and Sickness Insurance and Annuity Claims—Payment of Proceeds.
- Rules and Principles Governing the Activities of Life Insurance Agents and Accident and Sickness Insurance Agents.
Ethics and Professional Practice (Quebec Civil Code)
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Ethics and Professional Practice (Québec) manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains four chapters:
- Legal Framework Governing Insurance of Persons in Quebec.
- Legal Aspects of Insurance of Persons and Group Insurance of Persons Contracts.
- Individual and Group Annuity Contracts (Including Supplemental Pension Plans).
- Rules Relating to the Activities of Representatives.
Life Insurance
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Life Insurance manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains 12 chapters:
- Introduction to Life Insurance Module.
- Term Life Insurance.
- Whole Life and Term-100 Insurance.
- Universal Life Insurance.
- Riders and Supplementary Benefits.
- Group Life Insurance.
- Taxation of Life Insurance and Tax Strategies.
- Business Life Insurance.
- Application and Underwriting.
- Assessing the Client's Situation.
- Recommending an Insurance Policy.
- Ongoing Service.
Accident and Sickness Insurance
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Accident and Sickness Insurance manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains eight chapters:
- Financial Protection Provided by Accident and Sickness Insurance.
- Insurance to Protect Income.
- Insurance to Protect Assets.
- Insurance to Protect Savings.
- Insurance to Protect Businesses.
- Client Profile.
- Insurance Recommendation, Contract and Service Needs.
- Group Plan Specifics.
Segregated Funds and Annuities
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Segregated Funds and Annuities manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains eight chapters:
- Investment and Savings.
- Segregated Funds.
- Annuities.
- Investor Profile.
- Segregated Fund and Annuity Recommendation.
- Segregated Fund Contracts.
- Annuity Contracts.
- Group Retirement and Investment Plans.
Bonus Module - Life Insurance Taxation Principles
This module is a component of the exam preparation tool for future representatives registered in the Life Licence Qualification Program (LLQP). It is presented in conjunction with the Life Insurance Taxation Principles manual, which forms part of the LLQP Curriculum, and is provided to support your study of that manual.
This module contains four chapters:
- Taxation Framework.
- Investment Income.
- Taxation and Insurance.
- Tax Strategies Using Life Insurance.
| Approximate Hours of Study** | |
|---|---|
| Hours of Study | 100 - 145 hours |
** CSI prepared this estimate based on the number of hours an average participant may expect to spend studying to be sufficiently prepared to write the examinations. The recommended hours of study were developed based on research and on the course content. However, some students with exceptional backgrounds may take less time than recommended, and students with little or no finance background may take longer than the maximum.
EXAM WEIGHTINGS
Each module has a mandatory end-of-module test that you must complete successfully before you can book your final exam. You are permitted three attempts to pass each test. You need a minimum score of 60% on each end-of-module test and also on the final exam to pass the course. The final exam covers all of the course material.
If you plan to sit for a provincial LLQP examination for a life insurance license, you must first complete all the modules required within the LLQP Insurance Course.
Successful completion of the LLQP Insurance Course entitles you to write the provincial LLQP exam in order to obtain a life insurance license. Make certain to enrol in the LLQP course that meets your licensing requirements.
You have up to one year after successfully completing all the modular exams to sit for the corresponding provincial licensing exams. However, it is recommended that you sit for the corresponding LLQP exam as soon as possible after successful completion of the course so that your knowledge and understanding of the subject matter is fresh and current.
LLQP Insurance Course - End Of Module Test Weightings
LLQP Insurance Course - Common Law
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for all provinces and territories excluding Quebec)
| EXAM STRUCTURE (LLQP Insurance Course - Common Law) (weightings are approximate) |
|
|---|---|
| Life Insurance - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Accident and Sickness - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Segregated Funds and Annuities - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Ethics and Professional Practice (For All Provinces & Territories except Quebec) - End-of-Module Test | |
| Integrate into practice the legal aspects of insurance and annuity contracts | 60% |
| Integrate into practice the rules governing the activities of life insurance | 40% |
LLQP Insurance Course - Civil Code (Quebec)
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for the province of Quebec only)
| EXAM STRUCTURE (LLQP Insurance Course - Civil Code) (weightings are approximate) |
|
|---|---|
| Life Insurance - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Accident and Sickness - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Segregated Funds and Annuities –End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Ethics and Professional Practice (Quebec only) - End-of-Module Test | |
| Understand the legal framework governing insurance of persons | 20% |
| Integrate into practice the legal aspects of insurance and annuity contracts | 40% |
| Integrate into practice the rules governing the activities of representatives in insurance of persons | 40% |
LLQP Insurance Course - Canada
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for all provinces and territories including Quebec)
| EXAM STRUCTURE (LLQP Insurance Course - Canada) (weightings are approximate) |
|
|---|---|
| Life Insurance - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Accident and Sickness - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Segregated Funds and Annuities - End-of-Module Test | |
| Assess the client’s needs and situation | 35% |
| Analyze the available products that meet the client’s needs | 30% |
| Implement a recommendation adapted to the client’s needs and situation | 25% |
| Provide customer service during the validity period of the coverage | 10% |
| Ethics and Professional Practice (For All Provinces & Territories except Quebec) - End-of-Module Test | |
| Integrate into practice the legal aspects of insurance and annuity contracts | 60% |
| Integrate into practice the rules governing the activities of life insurance | 40% |
| Ethics and Professional Practice (Quebec only) - End-of-Module Test | |
| Understand the legal framework governing insurance of persons | 20% |
| Integrate into practice the legal aspects of insurance and annuity contracts | 40% |
| Integrate into practice the rules governing the activities of representatives in insurance of persons | 40% |
LLQP Insurance Course - Final Exam Weightings
LLQP Insurance Course - Common Law (Final Exam Weightings)
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for all provinces and territories excluding Quebec)
| EXAM STRUCTURE (LLQP Insurance Course - Common Law) (weightings are approximate) |
|
|---|---|
| Life Insurance - LFI | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Accident and Sickness - ASI | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Segregated Funds and Annuities - SFA | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Ethics and Professional Practice (For All Provinces & Territories except Quebec) - EPP | |
| Integrate into practice the legal aspects of insurance and annuity contracts | 12% |
| Integrate into practice the rules governing the activities of life insurance | 10% |
LLQP Insurance Course - Civil Code (Quebec) (Final Exam Weightings)
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for the province of Quebec only)
| EXAM STRUCTURE (LLQP Insurance Course - Civil Code) (weightings are approximate) |
|
|---|---|
| Life Insurance - LFI | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Accident and Sickness - ASI | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Segregated Funds and Annuities – SFA | |
| Assess the client’s needs and situation | 9% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Ethics and Professional Practice (Quebec only) - EPP | |
| Understand the legal framework governing insurance of persons | 5% |
| Integrate into practice the legal aspects of insurance and annuity contracts | 8% |
| Integrate into practice the rules governing the activities of representatives in insurance of persons | 9% |
LLQP Insurance Course - Canada (Final Exam Weightings)
(Prerequisite course to qualify to write the provincial Life Licence Qualification Program (LLQP) examination for all provinces and territories including Quebec)
| EXAM STRUCTURE (LLQP Insurance Course - Canada) (weightings are approximate) |
|
|---|---|
| Life Insurance - LFI | |
| Assess the client’s needs and situation | 8% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Accident and Sickness - ASI | |
| Assess the client’s needs and situation | 8% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Segregated Funds and Annuities - SFA | |
| Assess the client’s needs and situation | 8% |
| Analyze the available products that meet the client’s needs | 7% |
| Implement a recommendation adapted to the client’s needs and situation | 6% |
| Provide customer service during the validity period of the coverage | 4% |
| Ethics and Professional Practice (For All Provinces & Territories except Quebec) - EPP | |
| Integrate into practice the legal aspects of insurance and annuity contracts | 6% |
| Integrate into practice the rules governing the activities of life insurance | 6% |
| Ethics and Professional Practice (Quebec only) - EPPQ | |
| Understand the legal framework governing insurance of persons | 5% |
| Integrate into practice the legal aspects of insurance and annuity contracts | 4% |
| Integrate into practice the rules governing the activities of representatives in insurance of persons | 4% |
| EXAM INFORMATION | |
|---|---|
| Exam | One exam covering all course material |
| Exam Format | Proctored (remote or in-person at a test centre) |
| Exam Duration | 3 hours |
| Question Format | Multiple Choice Questions |
| Questions Per Exam | 100 Questions |
| Attempts Allowed Per Exam | 3* |
| Passing Grade | 60% |
| Assignments | None |
| ENROLMENT PERIOD | |
|---|---|
| Enrolment Period | 1 year† |
| COURSE COMPLETION NOTICE | |
|---|---|
|
Upon successful completion of all modules plus the final exam, you will be able to download a Notice of Course Completion through your student profile. This notice will remain on your profile as a formal indication of course completion. CSI will enter your results into CIPR (the insurance regulator's national registry of individuals that confirms final examination results) the next business day after you have successfully completed your course. Once your successful results are entered into CIPR, you may apply with your provincial regulator to write the appropriate examination(s). Students will be provided with details on how to register with CIPR upon enrolment. * The first exam attempt is included in the course enrolment fee. Further attempts incur fees. † This course can be extended by one year as long as you have not exceeded the attempts allowed for each exam. Your enrolment period can be extended only once, and extension fees apply. Important: During a student's enrolment period, CSI may update this course. In that case, details about the update and how it may affect students will be posted online via My CSI. Students are held responsible for and are examinable on the content in the course textbook(s) provided at the time of enrolment unless stated otherwise in My CSI. Students are encouraged to check My CSI regularly throughout their enrolment period. |
Continuing Education (CE) Credits
Click the links below or the buttons at the top of the page on the right side to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.
National/Provincial (Excluding Quebec)
Download CE Chart (PDF, 163 kb)
Quebec (IQPF/CSF)
Download IQPF/CSF Chart (PDF, 182 kb)
Please note: While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the charts above may be subject to change.
More detailed information on CE Credits are available