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Life License Qualification Program (LLQP)

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$42 Last Update April 23, 2025 Total Questions : 227 With In-Depth Explanation

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Life License Qualification Program (LLQP) Questions and Answers

Questions 1

Naomie meets with her new client, Keisha, to review her investment portfolio. Keisha is a 43-year-old sales representative who has been with Belmont Inc., a large pharmaceutical company, for 15 years. She earns a generous salary, plus bonuses. She also has a group tax-free savings account (TFSA) and a defined contribution pension plan (DCPP), all of which are invested in Belmont common shares.

What main need does Naomie have to address regarding Keisha’s investments?

Options:

A.  

Liquidity.

B.  

Saving for an emergency fund.

C.  

Diversification.

D.  

Income.

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