What will I learn with the ILScorp.com LLQP program?

Take a look at the ILScorp LLQP Learning Outcomes:
Upon successful completion of the ILS LLQP Program, the student will be able to:

1. Demonstrate an understanding of the various components that make up the insurance industry, including the evolution and distribution of insurance products.
2. Compare and analyze the application of various individual income replacement products including disability, accident and sickness, and other insurance products.
3. Explain the various types of investment products, including the major classes of securities, and describe how they compare to insurance investments. As well, the student will be able to describe basic investment strategies, terms and concepts and be able to apply them while analyzing and fulfilling their clients’ needs and objectives.
4. Analyze the benefits of group insurance and other various accident and sickness coverage and how they meet personal and business needs of clients.
   
5. Demonstrate an understanding of the corporate types of insurance companies, how financial ratings are determined and the importance of ratings to consumers, agents and regulators.
6. Describe the importance of underwriting (the evaluation of risk) and the key role that the field underwriter plays.
   
7. Demonstrate an understanding of the process involved in policy issue and explain policy components and provisions as well as the importance of proper policy delivery.
   
8. Analyze the principles and techniques of risk management and how they apply to insurance. In addition, the student will identify their role in diminishing or eliminating risk exposures.
9. Describe the legal issues and regulations related to life insurance products and their distribution; describe the ways in which the criminal code impacts on agent conduct in the areas of misrepresentation, theft and forgery.
   
10. Describe the sections of the provincial acts and regulations that govern the conduct of agents and the distribution of insurance.
    
11. Learn how to conduct themselves in a professional manner.