IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 52 Topic 6 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 52 Topic 6 Discussion

LLQP Exam Topic 6 Question 52 Discussion:
Question #: 52
Topic #: 6

Sabrina is an insurance representative with an insurance of persons certificate issued by the Autorité des marchés financiers (AMF). Her client, Stephanie, is a Quebec resident who accepted a job with Service Canada, in Ottawa, and purchased a condo there. Stephanie calls Sabrina to explain that her new job requires her to work in Ottawa three days per week, but she is still a Quebec resident; she spends four days a week with her family in Granby, Quebec. Stephanie asks Sabrina if she can buy mortgage insurance from her to help cover the mortgage on her new condo.

What should Sabrina answer her?


A.

Yes, they can complete and sign the application in Ottawa because Stephanie is a Quebec resident.


B.

Yes, but they would have to complete and sign the application in the province of Quebec.


C.

No, because Stephanie is a federal government employee.


D.

No, because Stephanie's condo is outside of the province of Quebec.


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