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Before an advisor in the financial services sector is allowed to begin selling life insurance products, they must complete and pass LLQP, and earn a certificate of completion. Once the certification exam is completed, and criminal records checks are submitted, applicants may apply to their provincial insurance council to write the licensing exam.
The Fellow, Life Management Institute (FLMI) designation program, awards the FLMI designation to individuals who pass a series of 10 examinations; these insurance-focused examinations cover insurance, accounting, marketing, information systems, finance, law, management, and computers. [6]
The Institute offers licensing and continuing education (CE) credits to insurance agents and brokers, independent claims adjusters and life agents. It also offers certificate programs such as the GIE Program, the Rehabilitation Benefits Administration Program, the LLQP, and the ICP.
Obtaining life insurance can feel like a complicated process, especially if the thought of a medical exam puts you off. The good news is you don’t always need an exam to get covered.
Life and health institute provides the basic, essential background knowledge for property and casualty agents to succeed in the life and health insurance market. Agency management institute covers the internal operations and factors necessary to run an agency. A case study is used throughout the program for practical application of the theories ...
The seven-pay test is how the government determines if a life insurance policy turns into a MEC. Specifically, the test limits how much the policyholder can deposit annually during the first seven ...
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