Pre-Summer Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: validbest

Discussions
  1. Home
  2. Discussions
  3. IFSE Institute
  4. Life License Qualification Program
  5. LLQP Discussions
  6. LLQP Exam Topic 2 Question 13 Discussion
 IFSE Institute Discussions
Exam LLQP All Questions
Exam LLQP All Questions

View all questions & answers for the LLQP exam

Go to Exam

IFSE Institute Life License Qualification Program LLQP Question # 13 Topic 2 Discussion

LLQP Exam Topic 2 Question 13 Discussion:
Question #: 13
Topic #: 2

Kaamil meets with Omar, his insurance agent, to purchase a whole life insurance policy. Kaamil wants to name his wife Ofra as the irrevocable beneficiary of the policy. Before proceeding, which of the following considerations should Omar CORRECTLY ask his client to reflect on?
A.

Ofra will be able to make a cash withdrawal without Kaamil's consent.

B.

Ofra will be able to withdraw funds from Kaamil's cash surrender value.

C.

Kaamil can surrender the policy without obtaining Ofra's consent.

D.

Kaamil will need to obtain Ofra’s consent if he would like to revoke her as a beneficiary.

Get Premium LLQP Questions
Actual exam question for IFSE Institute LLQP exam by Rune1551 at May 4, 2026, 2:15:31 AM

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.

Submit