LLQP Exam Module Guides: Life, Accident and Sickness, Segregated Funds & Ethics

LLQP exam module guides for Life Insurance, Accident and Sickness, Segregated Funds and Annuities, and Ethics routes in Canada.

Use these LLQP module guides for Canadian life-insurance licensing study support. LLQP is not one long insurance exam. It is a set of distinct module exams covering life insurance, accident and sickness, segregated funds and annuities, and ethics.

The main mistake candidates make with LLQP is treating it like one long insurance paper. It is not. The modules test different client problems, product structures, and professional-judgment patterns. The stronger study approach is to keep each module distinct while still understanding how they connect inside the broader licensing path.

If you mainly need help with…Start here
family protection, debt payoff, estate liquidity, and product structureLife Insurance
disability, medical-expense, travel, and income-protection riskAccident and Sickness
guarantees, annuity design, beneficiaries, and insurance-investment suitabilitySegregated Funds and Annuities
advisor duties, legal process, disclosure, privacy, and conduct in common-law provincesEthics and Professional Practice - Common Law
Quebec-focused ethics and civil-code framingEthics and Professional Practice - Civil Code / Quebec

LLQP module guides

Module guideBest fitWhat this page gives youPractice route
Life InsuranceCore life insurance licensing coverageExam guide plus study plan, cheat sheet, FAQ, and resourcesPractice LLQP Life Insurance on Web
Accident and SicknessDisability, health-expense, and A&S coverageExam guide plus study plan, cheat sheet, FAQ, and resourcesPractice LLQP Accident and Sickness on Web
Segregated Funds and AnnuitiesInsurance investment products and annuity mechanicsExam guide plus study plan, cheat sheet, FAQ, and resourcesPractice LLQP Segregated Funds and Annuities on Web
Ethics and Professional Practice - Common LawCommon-law licensing and conduct obligationsExam guide plus study plan, cheat sheet, FAQ, and resourcesPractice LLQP Ethics Common Law on Web
Ethics and Professional Practice - Civil Code / QuebecQuebec ethics and Civil Code contextExam guide plus study plan, cheat sheet, FAQ, and resourcesPractice LLQP Ethics Quebec on Web

How the modules fit together

ModuleWhat it is usually testing
Life Insuranceidentifying the protection problem, choosing the right structure, and implementing it correctly
Accident and Sicknessidentifying the loss type, matching it to the right product job, and keeping benefit mechanics straight
Segregated Funds and Annuitiesmatching client objective and constraints to guarantee or income-product design
Ethics - Common Lawchoosing the safest legal and professional next step in common-law jurisdictions
Ethics - Civil Codedoing the same with Quebec civil-code framing kept separate from common-law logic

How to use LLQP correctly

  • Treat each module as its own exam path with its own topic weightings and weak-spot profile.
  • Do not let the life-insurance module crowd out the ethics, service, and process logic in the later modules.
  • Use the module guide first, then the Study Plan, then the Cheat Sheet, and then the module-specific FAQ and Resources when you need structure or source-of-truth clarification.
  • Switch into practice only after the workflow and vocabulary are stable enough that your misses are informative instead of random.

What stronger LLQP candidates usually do

  • keep temporary versus lifelong protection logic separate
  • separate reimbursement, lump-sum, income-replacement, and annuity-income logic cleanly
  • treat the ethics modules as process-and-judgment papers, not as short legal appendices
  • confirm current licensing and administration rules with official sources instead of relying on old provider summaries

In this section

Revised on Friday, May 29, 2026