The national harmonized Life Licence Qualification Program (LLQP) was launched in 2016 and consists of four modules:
- Ethics and Professional Practice
- Accident and Sickness Insurance
- Life Insurance
- Segregated Funds and Annuities
In Quebec, the Ethics and Professional Practice module is based on the civil code, whereas the rest of Canada uses a version based on the common law. The three other modules are identical across Canada.
As it is Council's mandate to protect the public by ensuring agents act ethically, with integrity and competency, at its July 2018 meeting Council determined all life and/or accident sickness insurance agent applicants must successfully complete the Ethics and Professional Practice (common law) module, as part of the qualification for a licence.