IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 11 Topic 2 Discussion
LLQP Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2
(Harry, aged 60, recently sold his business and plans to invest $100,000 in segregated equity fund contracts. He wants to minimize costs but has a family history of early death.
What maturity and death benefit guarantees would be most appropriate?)
Given Harry’scost sensitivityandfamily health history, the75% maturity and 100% death benefitcombination offerslower costscompared to a full 100%/100% guarantee while still ensuring full death benefit protection for his heirs.
Exact Extract:
"Clients concerned about cost but needing strong death benefit protection often select 75% maturity guarantees combined with 100% death benefit guarantees."
Chosen Answer:
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