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IFSE Institute LLQP Exam - Topic 1 Question 28 Discussion

(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?)
B) 75%/100%
A) 75%/75%
C) 100%/75%
D) 100%/100%

IFSE Institute LLQP Exam - Topic 1 Question 28 Discussion

Actual exam question for IFSE Institute's LLQP exam
Question #: 28
Topic #: 1
[All LLQP Questions]

(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?)

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Suggested Answer: B

by Lorrine at May 04, 2026, 11:44 AM

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Timothy
1 day ago
True, but worth it for security.
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Valene
6 days ago
But D has higher costs, right?
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Milly
12 days ago
I agree, especially with his family history.
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Timothy
17 days ago
I think option D is best. Full guarantees give peace of mind.
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Jerilyn
22 days ago
Right, he should prioritize safety over cost.
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Dominque
27 days ago
A has lower guarantees though, risky for him.
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Stephen
1 month ago
Maybe A is worth considering for lower costs?
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Vallie
1 month ago
Still, costs matter. D could eat into returns.
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Jerilyn
1 month ago
Exactly, he needs security at his age.
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Dominque
2 months ago
True, but 100% gives peace of mind.
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Stephen
2 months ago
B offers a good balance. 75% death benefit is decent.
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Vallie
2 months ago
But D might be too costly. What about B?
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Jerilyn
2 months ago
I agree, especially with his family history.
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Dominque
2 months ago
I think D is the best choice. Full guarantees are safer.
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Raina
2 months ago
I agree with D, peace of mind is key here.
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Katie
3 months ago
Surprised he’s going for equity funds at 60!
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Micaela
3 months ago
75% death benefit is enough, right?
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Erin
3 months ago
100% death benefit sounds excessive, though.
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Deandrea
3 months ago
I think option D is the safest bet for Harry.
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Bambi
3 months ago
I’m torn between 100%/100% and 75%/100%. The full death benefit seems important, but does it justify the higher cost?
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Maryann
5 months ago
I practiced a similar question where the focus was on balancing guarantees with cost. I feel like 75%/100% could be a good compromise.
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Brianne
5 months ago
I think a 100% death benefit might be safer given his family history, but I'm not sure if that’s the best option for minimizing costs.
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Hubert
5 months ago
I remember discussing how maturity guarantees can help protect the investment, especially for someone like Harry who is 60.
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