Insurance is the most important financial asset one could own, and it helps you safeguard yourself in times of uncertainty. There are different types of insurance that you can buy, but life insurance is among the most purchased insurance types.
To become a certified insurance seller, you must get an LLQP license. This particular license allows one only to sell life insurance. Holders of this certification are not qualified to sell other types of general insurance as there are other certifications for them.
Life insurance ensures that your heir or beneficiaries will get the insurance payout after your demise. To get a payout, you have to pay the premium monthly, bi-annually, or annually, and the beneficiaries will get the payout after your demise.
Some particular types of life insurance have a contingency plan wherein you might be able to seek the payout before your demise if you have been diagnosed with a terminal illness and have only a specific time to live.
There is a demand for such insurance because they are quite beneficial. So, many people become agents to fill the gap and sell insurance policies to people.
While many new insurance methods exist, a certified agent is the best way to buy an insurance policy.
LLQP certification has a basic test you must pass to qualify.
If you are an aspiring life insurance agent, here are some incredible tips to help you clear the LLQP exam.
Know the Module
To study and perform well on the test, you must be aware of the basic module of the test. You will have an idea about where to start and what to study.
The four modules in an LLQP exam are life insurance, accident and sickness insurance, segregated funds and annuities, and ethics and professional practice.
Read the Questions Correctly
The questions in the exam are not problematic per se, but they are tricky to figure out. Many candidates find it challenging to determine the exact meaning of the question.
For instance, there will be double negatives or using the word ‘not’ very slyly in the question to change its meaning.
If you ignore the questions, you might not be able to solve them correctly.
It is advised that you read every word of the question to determine the true meaning of the question.
Practice
You will only be able to write the answers if you practice writing them beforehand.
Once you have completed the course, you must give various mock tests to get comfortable with the pressure of providing the test.
The comfort you get with the simulated test environment, the chances are you will perform better during the test.
Get Help
It is challenging for many people to clear the exam without seeking help. You can check out different prep courses for the LLQP license; these exam courses are designed to provide the best guide to candidates.
You will get a roadmap to assist you in scheduling your exam preparations and be in touch with a tutor.
Getting comfortable with the exam module and getting help from a tutor will make you clear the exam with flying colors. Ensure that you read the questions carefully to answer them better.
