IFSE Institute LLQP Exam - Topic 3 Question 29 Discussion

Actual exam question for IFSE Institute's LLQP exam

Question #: 29
Topic #: 3

Amani owns Amani's Passions, an eco-friendly cosmetics company she started in her garage three years ago. The business is booming---so much so that Amani's Passions recently hired over 20 employees to keep up with demand. Now Amani wants to set up a group insurance plan for her staff.

Whose role is it to solicit quotes from insurers and put the right plan in place?

AAmani's Passions' human resources department.

BThe group insurance provider selected by Amani.

CThe group plan sponsor.

DThe group broker.

Show Suggested Answer

Suggested Answer: D

by Latricia at May 11, 2026, 06:10 AM

Limited Time Offer

25%

Off

Get Premium LLQP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Ivette

3 days ago

I feel like the group plan sponsor might have a role in this too, but I can't recall exactly what that entails.

upvoted 0 times

...

Mauricio

8 days ago

I remember a practice question where the group broker was mentioned as the one to negotiate with insurers. Could that be the right answer here?

upvoted 0 times

...

Glory

2 months ago

I think the human resources department would be responsible for this, but I'm not entirely sure if they handle everything related to insurance.

upvoted 0 times

...