LLQP (Life Licence Qualification Program) Practice Exam · Question
Term life insurance pays:
Pure protection.
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Question: Term life insurance pays:
Answer options: ✅ Death benefit if death within term
- Cash on retirement
- Disability
- All risks
Correct answer: Death benefit if death within term
Explanation: Pure protection.
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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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