LLQP Practice Exams: Canadian Life Insurance Licensing

Last revised: June 24, 2026

Prepare for Life Licence Qualification Program (LLQP) Canadian insurance modules with Finance Prep question banks, sample exam questions, practice tests, timed mock exams, and explanations.

Open Finance Prep when you need LLQP practice for a booked module, not a generic insurance quiz. This hub routes broad LLQP exam prep, practice test, mock exam, and practice-question searches to the correct module page: Life Insurance, Accident and Sickness, Segregated Funds and Annuities, or Ethics. Each live module has about 1,800 Finance Prep practice questions.

The live LLQP module pages use original Finance Prep sample exam questions, topic drills, timed mock exams, question-bank review, and detailed explanations. Questions are module-specific and scenario-based, not trivia or puzzle questions. Finance Prep is independent from CCIR and provincial insurance regulators; public samples are not official LLQP questions, copied live-exam content, or exam dumps.

If your search was just LLQP practice test or LLQP exam prep, start here, then open the module that matches your immediate exam booking.

The Life Licence Qualification Program (LLQP) is the common entry-level pathway used in many Canadian provinces and territories for life insurance licensing. The LLQP curriculum is prescribed by the Canadian Council of Insurance Regulators (CCIR) and delivered by approved course providers and exam bodies.

Sample questions and practice preview

A useful LLQP practice test should reward practical module judgment, not trivia, puzzle questions, copied wording, or official-question memorization. The public module pages use original Finance Prep sample exam questions and detailed explanations so you can see whether a set tests the right decision process before longer timed mock exams.

Strong LLQP questions reward:

  • correct needs analysis (what problem are we solving?)
  • defensible product fit (why this type/term/rider/ownership?)
  • clear recommendation + documentation (what’s the client decision?)
  • responsible service and follow-up (beneficiary/ownership changes, claims basics, policy values)

Always verify your province/territory’s current licensing requirements with your regulator. LLQP requirements and exam administration can vary by jurisdiction and provider.

Use these LLQP pages when you are comparing LLQP sample questions, looking for an LLQP practice test, or deciding which module to practice first in Finance Prep on web, iPhone, iPad, or Android.

You can start LLQP practice in Finance Prep today. The module pages below explain what each module tests, where candidates usually lose points, and how to choose the best next module for your study plan.

Best page to open first

ModuleOpen this first when…Live Finance Prep bank
Life InsuranceYou need the core life-licensing path around needs analysis, product fit, beneficiary structure, and policy servicing.1,800 practice questions
Accident & SicknessYour immediate exam pressure is disability income, critical illness, long-term care, travel, or health-expense coverage.1,800 practice questions
Segregated Funds & AnnuitiesYou need insurance-wrapped investment suitability, guarantees, annuity choices, and beneficiary consequences.1,800 practice questions
Ethics & Professional Practice (Common Law)Your licensing path is in a common-law jurisdiction and you need legal-duty, disclosure, consent, and conduct judgment.1,800 practice questions
Ethics & Professional Practice (Civil Code / Québec)Your exam path is Québec-specific and you need civil-code and professional-practice judgment.1,799 practice questions

If you are unsure where to start, open the module page that matches your immediate exam booking rather than trying to study the whole LLQP sequence at once.

How the LLQP modules differ

ModuleWhat it is really testing
Life InsuranceHousehold risk analysis, product fit, beneficiary and ownership choices, and servicing logic
Accident & SicknessDisability, critical illness, long-term care, travel, and health-expense coverage decisions
Segregated Funds & AnnuitiesInsurance-wrapped investments, guarantees, annuity choices, and beneficiary consequences
Ethics & Professional Practice (Common Law)Contract-law issues, disclosure, consent, duty, and representative conduct in common-law jurisdictions
Ethics & Professional Practice (Civil Code / Québec)Civil Code contract issues plus Québec-specific conduct and professional-practice judgment

Available now in Finance Prep

  • LLQP module pages are live in Finance Prep today
  • Use the matching module page first instead of trying to study LLQP as one combined exam, because the weighting and competency mix changes materially by module
  • If you are cross-shopping LLQP against broader Canada finance paths, compare it with CSI , FP Canada , RIBO , CAIB , and Alberta AIC General Insurance

Good next pages after LLQP

  • Finance Prep web app if you want to start on web with the same Finance Prep account on mobile
  • Subscriber Login if you already use Finance Prep and want to continue with the same account
  • Canada roadmap if you are comparing LLQP with CSI, FP Canada, RIBO, CAIB, or Alberta AIC General Insurance
  • Finance vertical if you need the wider Canada finance map before choosing a licensing lane

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