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Quick Reference: Segregated Funds and Annuities
A compact summary of the high-yield facts and rules tested in the LLQP
Segregated Funds and Annuities component. Use this for last-minute review
after completing the three full study modules.
Legal name: Individual Variable Insurance Contract (IVIC)
Sold by: life insurance companies only (not mutual fund dealers)
Governing law: provincial Insurance Acts (not securities law)
Required agent licence: life insurance licence under the LLQP
Not affiliated with CISRO, the AMF, FSRA, or any provincial or territorial insurance regulator. "LLQP" and "PQAP" are used for identification only.