Study with CSI : AFP-Exam-1 Exam Torrent as your best preparation materials

Last Updated: Oct 29, 2026

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CSI AFP-Exam-1 Practice Q&A's

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A CSI certification carries real weight with employers, and the AFP-Exam-1 exam is the gatekeeper. Prepare with SurePassExams and its 120 practice questions, and walk into the CSI Applied Financial Planning Certification Exam 1 (AFP) exam knowing what to expect.

CSI AFP-Exam-1 Exam Syllabus Topics:

SectionObjectives
Insurance and Risk Management- Risk mitigation strategies in financial planning
- Life and health insurance fundamentals
Financial Planning Foundations- Financial planning process and client relationship management
- Ethics and professional standards in financial advising
Taxation Concepts- Personal income tax principles
- Tax-efficient investment strategies
Retirement Planning- Retirement savings vehicles and planning principles
Investment Planning- Asset allocation and portfolio basics
- Investment products and risk-return profiles

AFP-Exam-1 Exam FAQ: What You Need to Know Before You Book

The AFP-Exam-1 exam is the official CSI exam that leads to the Applied Financial Planning (AFP) certification, positioned at the Professional level. It validates the skills employers expect from certified professionals, and passing it is a concrete step forward in an IT career.

Yes. SurePassExams offers a free PDF demo of the CSI Applied Financial Planning Certification Exam 1 (AFP) material, so you can check the question style and answer quality before paying. After purchase, your product includes 365 days of free updates; once that period expires, you can extend the update service at a 50% discount from your member zone.

The CSI Applied Financial Planning Certification Exam 1 (AFP) exam is organized into 5 domains. The main ones include Taxation Concepts; Retirement Planning; Insurance and Risk Management. Weightings tell you where to spend most of your study time, and the full topic breakdown is listed in the exam outline section above on this page.

You can book the AFP-Exam-1 exam through the official registration channels below:

The exam is delivered as Computer-based proctored exam (online or authorized test centre), so pick the option that fits your schedule when booking.

If you take the CSI Applied Financial Planning Certification Exam 1 (AFP) exam within 60 days of your purchase and do not pass, you can apply for a full refund under the SurePassExams refund policy. The claim requires a scanned enrollment slip and your official Score Report in PDF, submitted within 2 days after the exam; claims are processed within 7 days. Note that the guarantee applies only to the corresponding exam — attempts taken within 3 days of purchase, downloaded-but-never-taken exams, free materials, and expired orders are not covered, and the candidate name must match the payer name. Prefer new material instead of a refund? You can swap for two free exam products of equal value and keep the update service on your original purchase. As for delivery, everything is instant: the download link reaches your mailbox within one minute of payment (contact support if nothing arrives within 2 hours), and there is no limit on how many computers you can install it on.

Enrollment in the CSI Applied Financial Planning (AFP) program or equivalent eligibility as defined by CSI Requirements like these can change, so before you book, confirm the current eligibility rules on the official page: https://www.csi.ca.

CSI recommends the following training options for AFP-Exam-1 candidates:

Official courses build the theory; the 120 practice questions from SurePassExams then let you measure how ready you actually are for the real exam.

CSI Applied Financial Planning Certification Exam 1 (AFP) Sample Questions:

Question #1

Demario, age 29, has started his own professional practice. He is single, has a mortgage, and his future earning power is his largest asset. Which insurance should receive priority?

  • A. Whole life insurance for estate equalization.
  • B. Disability insurance.
  • C. Travel medical insurance only.
  • D. Joint last-to-die life insurance.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

Owen and Lina are looking to purchase a home in the next few months. Owen is the primary income earner for the family. His credit history is weak with several recently paid collections Lina has a perfect credit record but limited income and irregular employment. What will their financial planner advise them about the impact their credit ratings will have on their ability to secure a mortgage?

  • A. Lina's strong credit rating will make up for Owen's credit history
  • B. Lina's low income will prevent them from qualifying
  • C. Since Owen's collections are paid, they would be able to qualify
  • D. The primary income earner must have a minimum credit score to qualify
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

During implementation, a client agrees to update her will, purchase disability insurance, and increase RRSP contributions. Which statement best describes the planner's role?

  • A. Assume the client will implement everything without follow-up.
  • B. Focus only on the RRSP contribution because it creates an investment transaction.
  • C. Complete the will without involving a lawyer.
  • D. Clarify responsibilities, timelines, and any required referrals or product steps.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Matias is working on estate planning recommendations for his client Cynthia. After a recent meeting, Matias is confident that an estate freeze would be the best option for her. Which factor would have determined that the estate freeze was the best recommendation for him to give Cynthia?

  • A. She requires flexibility in updating beneficiaries.
  • B. She can afford to live on a fixed stream of income.
  • C. The economy is about to enter a period of hyper-inflation.
  • D. Her children have higher marginal tax rates than her.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

A client wants a policy that pays a lump sum if she is diagnosed with a covered serious illness and survives the required waiting period. Which product matches this need?

  • A. Disability insurance.
  • B. Accidental death insurance.
  • C. Long-term care insurance.
  • D. Critical illness insurance.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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