sponsorship from an insurer in place prior to being permitted to write the exam. Upon completion of the exam, results are normally available very quickly, often the next day. The passing grade in all jurisdictions is 60%. A successful writer will be permitted to go on and apply for a life insurance certificate. An unsuccessful writer will be given two more attempts, for a total of three, and then required to wait six months before writing again. If that further attempt is unsuccessful, then the candidate must wait another six months, and so on. Feedback from an unsuccessful write is generally not available. The insurance councils do not release old exam questions, nor do they indicate to candidates which questions were answered correctly and incorrectly. In some jurisdictions, it is possible to obtain a breakdown indicating, by topic, which areas a student was strong in, and where a student needs to improve. The Canadian Council of Insurance Regulators (CCIR) maintains an LLQP provider results list that outlines each provider, exam type, number of exams written and pass rate. Upon completion of the exam, there is no designation granted. Completion of this process simply allows somebody to apply for a certificate to work as an insurance agent. Application is done through the licensing regulatory body for the specific province. Results of the LLQP Process The LLQP process initially came under, and sometimes is still subject to, criticism. It was criticized for making entry into the insurance industry too challenging, and there was a fear that recruiting by insurers and managing general agents would suffer. While there are some who are still critical of the LLQP, statistics maintained by provincial insurance regulators indicate that renewal rates for licenses sit at approximately 94% year over year, a significant improvement as compared to the pre-LLQP era, when renewal rates were typically around 85% year over year. The system stands overhauled jan 2016. References Insurance Councils Insurance in Canada