This intensive, 5-day exam preparatory course prepares students to take the provincial Life License Qualification Program (LLQP) exams. This course is offered three times per year at Lambton College in partnership with Seneca College. Classes are Monday thru Friday from 8:00 a.m. to 5:00 p.m. Online examinations open the final day of class and students have 30 days to complete. Each open-book module exam is comprised of 20 or 30 multiple choice answer questions, and students must receive a minimum of 60% per exam to qualify for the Provincial LLQP exams. Students' progress will be tracked through the Canadian Insurance Participant Registry (CIPR) system.
The cost of the LLQP is $889 plus HST which includes 5 course modules, (4 of which students will be examined on), 40 hours of instruction with an industry expert, and certification exams. We strongly recommend that students register a month ahead so that they have all of the materials well in advance.
This is an exam preparation course and students are expected to have thoroughly read through all of the materials of all 5 modules prior to the beginning of the course. It is a very fast-paced, intense week in class and a foundational comprehension of the materials beforehand is required. Once registration is confirmed, students will receive an email confirming details.
On January 1, 2016, insurance regulators across Canada, including the Financial Services Commission of Ontario (FSCO), implemented a streamlined and updated entry level qualification program for new life licence insurance agents, and new accident and sickness insurance agents. This initiative was called the Life Licence Qualification Program (LLQP) and it involved replacing several different provincial educational standards with one common standard that is now being used across Canada.
Life insurance agents sell life and health insurance products and insurance-specific investments including segregated funds and annuities. To become a licensed life agent it is necessary to complete the Life Licence Qualification Program (LLQP) through a certified content provider, pass the provincial LLQP exam, and register with a provincial insurance regulator.
We strongly recommend a minimum of one month prior registration
as it is essential that students read all materials before attending the
intensive 5-day exam preparatory course. Registration closes one week
prior to start date of each session.
Students must withdraw prior to the start date to qualify for a refund. Some conditions may apply.
Learning materials consist of five modules.
*Open book module testing.