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LLQP Exam Dumps : Life License Qualification Program (LLQP)

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Life License Qualification Program (LLQP) Questions and Answers

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Question 1

(Jorge meets with his new financial advisor. He brought a series of documents so that she can determine his investor profile.

Which of the following documents will not be helpful for determining Jorge’s investor profile?)

Options:

A.

His net worth statement, listing assets and liabilities.

B.

A list of his income sources during retirement.

C.

A summary of his needs and objectives.

D.

His birth certificate.

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Question 2

(Jerry, aged 63, is getting ready to retire. His pension statement shows contributions, investment choices, and performance data.

From among the following types of pension plans, which one was Jerry a member of?)

Options:

A.

Group life income fund.

B.

Defined benefit pension plan.

C.

Defined contribution pension plan.

D.

Deferred profit-sharing plan.

Question 3

Angela works in a biomedical research lab where she has been assigned to discover possible antidotes to the anthrax virus. While the discovery process of testing possible antidotes would expose her to the deadly virus, she is excited about the assignment.

Knowing that anthrax can be contracted through infected food, air, or contact with skin, what risk management strategy would Angela employ by wearing protective gear over her mouth and skin?

Options:

A.

Risk transfer

B.

Risk retention

C.

Risk avoidance

D.

Risk reduction

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