LLQP (Life Licence Qualification Program) Practice Exam · Question
According to CISRO guidelines, an insurance agent's primary duty is to:
CISRO's 'Guidance: Conduct of Insurance Business and Fair Treatment of Customers' emphasizes that intermediaries must act honestly, fairly, and in the best inte
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Question: According to CISRO guidelines, an insurance agent's primary duty is to:
Answer options:
- The insurance company they represent.
- The provincial regulator.
- Their employer or managing general agency. ✅ The customer.
Correct answer: The customer.
Explanation: CISRO's 'Guidance: Conduct of Insurance Business and Fair Treatment of Customers' emphasizes that intermediaries must act honestly, fairly, and in the best interests of the customer.
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- A life insurance policy that offers lifelong coverage, a guaranteed death benefit, and a savings component tha
- Group benefits in Canada commonly include:
- Sarah, a 35-year-old marketing professional in Ontario, purchases a participating whole life insurance policy
- Mark, a 45-year-old business owner in British Columbia, has a Universal Life policy with a Level Cost of Insur
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