The unmatched and the most workable study guides of Actual4Labs are your real destination to achieve your goal. The pathway to pass LLQP was not so easy and perfectly reliable as it has become now with the help of our products. Just you need to spend a few hours daily for two week and you can surely get the best insight of the syllabus and command over it. The LLQP Questions and answers in the guide are meant to deliver you simplified and the most up to date information in as fewer words as possible.
Sharp tools make good work. LLQP study material is the best weapon to help you pass the exam. After a survey of the users as many as 99% of the customers who purchased LLQP study material has successfully passed the exam. The pass rate is the test of a material. Such a high pass rate is sufficient to prove that LLQP Study Material has a high quality. In order to reflect our sincerity on consumers and the trust of more consumers, we provide a 100% pass rate guarantee for all customers who have purchased LLQP study materials.
>> LLQP Current Exam Content <<
Through a large number of simulation tests, you can rationally arrange your own LLQP exam time, adjust your mentality in the examination room, find your own weak points and carry out targeted exercises. But I am so sorry to say that LLQP test answers can only run on Windows operating systems and our engineers are stepping up to improve this. In fact, many people only spent 20-30 hours practicing our LLQP Guide Torrent and passed the exam. This sounds incredible, but we did, helping them save a lot of time.
NEW QUESTION # 47
Cassie applies for a $100,000 renewable 10-year term insurance policy through Mason, her insurance of persons representative. A month later, when Mason meets with Cassie again to deliver her contract, Cassie says she had to have a biopsy the previous week for a persistent cough. Mason tells her not to worry because the policy is already accepted. He completes the policy delivery. Six months later, Mason receives a call from Cassie's boyfriend informing him that Cassie died of stage 4 throat cancer.
How will the insurance company handle the claim?
Answer: D
Explanation:
In this scenario, the policy was accepted and delivered to Cassie by Mason before her biopsy, indicating that she was considered insurable at the time of application. However, the insurance policy is subject to a two-year contestability period, during which the insurer can investigate the claim if they believe relevant information regarding the insured's health was omitted or misrepresented.
According to LLQP guidelines, insurance contracts are built on the principle of utmost good faith, requiring that both the client and the representative disclose all material facts that may affect the insurance risk. If the insured's health status changes significantly between the application and delivery of the policy, it is the representative's duty to inform the insurer to reassess the risk.
In this case, Mason, as the insurance representative, failed to disclose Cassie's new health condition, which is considered a material change to her insurability. Under LLQP ethics and practice standards, non-disclosure of this change can result in the insurer denying the claim, as it affected the underwriting decision.
Therefore, due to the lack of disclosure by Mason, the insurance company would have grounds to deny the claim based on this material change in insurability, aligning with LLQP provisions and insurance contract law.
NEW QUESTION # 48
Owen meets with his insurance agent, Rachel, to review his investments. Owen is interested in segregated funds. In particular, he wants to know more about the reset feature.
What should Rachel tell Owen about resetting his funds?
Answer: A
Explanation:
Rachel should inform Owen that some segregated funds offer an automatic reset feature, which adjusts the guaranteed value periodically based on the fund's market performance. This can lock in gains during rising markets without requiring manual intervention. According to LLQP resources, automatic resets can occur on specific anniversaries or under certain conditions specified in the contract.
Option A is incorrect as not all segregated funds offer a reset feature. Option C is incorrect as there may be costs associated with funds that provide reset options. Option D is incorrect because resets typically lock in gains, not losses.
NEW QUESTION # 49
Arthur is a 79-year-old long-term care (LTC) policyholder whose daughter, Sheila, visits daily tohelp him get dressed and prepare meals. Sheila wants him to enter a nursing home because he is unable to dress himself.
Though he cannot prepare his own meals, he can still feed himself, and once undressed, he can wash himself, seated in the bathtub.
Is Arthur eligible to receive LTC benefits?
Answer: A
Explanation:
Arthur's eligibility for Long-Term Care (LTC) benefits depends on his inability to perform a specified number ofActivities of Daily Living (ADLs), which generally include bathing, dressing, feeding, toileting, transferring, and continence. In most LTC policies, to qualify for benefits, the policyholder typically needs to be unable to perform at least two of these ADLs. In Arthur's case, while he requires help with dressing and meal preparation, he can perform other ADLs such as feeding himself and bathing (with some assistance).
This indicates that he can perform enough ADLs to make him ineligible under the typical LTC requirements.
Therefore, option D is correct, as his inability to dress alone does not meet the usual threshold required for benefit eligibility under most LTC policies.
NEW QUESTION # 50
The primary and secondary beneficiaries of Rachel and Chad's joint first-to-die permanent life insurance policy are each other and their adult children, respectively. Within a year of Rachel and Chad's divorce, Rachel unexpectedly passes away. The policy beneficiaries remained as originally designated. Whose claim will be paid by the insurer?
Answer: A
Explanation:
Comprehensive and Detailed in Depth Explanation with Exact Extract from Documents and Guides:
In a joint first-to-die policy, the death benefit is paid to the surviving insured (primary beneficiary)upon the first death, unless altered. TheIFSE Ethics and Professional Practice Course (Common Law)states that beneficiary designations remain valid unless changed, and divorce does not automatically revoke them in most Canadian common law jurisdictions (unlike some family law contexts). Here, Chad is the primary beneficiary, and the adult children are secondary (contingent) beneficiaries, payable only if Chad predeceased Rachel. Since Rachel died first and the designation wasn't updated post-divorce, Chad receives the benefit.
Joint payment (A) or children claiming first (B) contradicts the primary/secondary structure, and Rachel's parents (D) have no standing. Thus, C is correct.
References:
IFSE Ethics and Professional Practice Course (Common Law), Module 2: Insurance Contracts, Section on
"Beneficiary Designations."
NEW QUESTION # 51
Cory is a recent college graduate who has just been hired by a marketing firm in an entry-level position. His employer group benefits only cover a short-term disability to a maximum of 119 days. He meets with an insurance agent to talk about disability coverage. To fully cover his salary, he would require a $3,000 monthly benefit. In reviewing options, he thinks that his ideal coverage of a 30-day waiting period and a "to age 65" benefit period comes at a cost that exceeds his budget. What recommendation should the insurance agent make to Cory regarding coverage?
Answer: D
Explanation:
Comprehensive and Detailed Explanation:
Extending the waiting period (e.g., to 120 days) aligns with his 119-day STD coverage, reducing premiums while maintaining $3,000/month to age 65 (Chapter 7:Insurance Recommendation, Contract, and Service Needs).
Option A: Correct; cost-effective.
Option B: Incorrect; weakens coverage.
Option C: Incorrect; reduces protection.
Option D: Incorrect; delays coverage.
Reference: LLQP Accident and Sickness Insurance Manual, Chapter 7:Insurance Recommendation, Contract, and Service Needs.
NEW QUESTION # 52
......
Our LLQP exam questions not only includes the examination process, but more importantly, the specific content of the exam. In previous years' examinations, the hit rate of LLQP learning quiz was far ahead in the industry. We know that if you really want to pass the exam, our study materials will definitely help you by improving your hit rate as a development priority. After using LLQP training prep, you will be more calm and it is inevitable that you will get a good result.
LLQP Regualer Update: https://www.actual4labs.com/IFSE-Institute/LLQP-actual-exam-dumps.html
IFSE Institute LLQP dumps may be the best method for candidates who are preparing for their exam and eager to clear exam as soon as possible, If you choose the online version of our LLQP study materials, you can use our products by your any electronica equipment, IFSE Institute LLQP Current Exam Content You can download the complete Download Manual (PDF) in your Members Area in the left column, IFSE Institute LLQP Current Exam Content Then We will send the pdf of exam to your email , Notice some times Our email maybe within your email dustbin .
Business Rule Features, My take is th the industry LLQP is addressing the things it kws and feels comfortable with wirespipesductswerfreonetc, IFSE Institute LLQP Dumps may be the best method for candidates who are preparing for their exam and eager to clear exam as soon as possible.
If you choose the online version of our LLQP study materials, you can use our products by your any electronica equipment, You can download the complete Download Manual (PDF) in your Members Area in the left column.
Then We will send the pdf of exam to your email , Notice some times Our email maybe within your email dustbin , How to choose appropriate IFSE Institute LLQP exam test engine has been a heated issue for the general public.
E-Mail :
Official@skyhighes.in
skyhighes22@gmail.com
info.skyhighes@gmail.com
Contact Us :
+919834827356
+91 7887513908
Address :
Nagpur, Maharashtra
Pune, Maharashtra