LLQP Accident & Sickness · Component 1.3 · 35% of the exam
A 35-year-old client asks whether she is more likely to die or become disabled before 65. The accurate statement is:
- AThe two risks are about equal, so the same premium should be spent on each product
- A long-term disability before 65 is considerably more likely than death
- CNeither event is likely enough at 35 to justify insuring against it for another decade
- DDeath is far more likely, because most disabilities resolve within ninety days
Correct answer: B) A long-term disability before 65 is considerably more likely than death
Morbidity statistics show that the probability of a disability lasting 90 days or more before 65 exceeds the probability of death for working-age adults. The curriculum expects agents to communicate the relative frequency of disability.
Why the other options are wrong
- ADisability is the more probable event during working years, not an equal one.
- CBoth are real risks at 35, and disability in particular is not rare.
- DShort disabilities are common, but a long one is still likelier than death before 65.
Exam tip
During working years, long-term disability is more probable than death.
Common mistake
Prioritizing life insurance and leaving disability uncovered.
What this tests
CISRO competency component 1.3 — Assess the client's needs and situation — which is weighted at 35% of the Accident & Sickness module. Written against the published curriculum.
More from component 1
- The single most important fact for sizing a client's disability income need is:
- A client's beneficiaries for assets are listed in the fact-finding. Why does this matter for A&S planning?
- A client asks why the agent wants to know how assets are owned (jointly or individually). In the A&S context the answer is:
- A client mentions a back injury five years ago that fully resolved. The agent should:
- Which element of a client's situation most affects the definition of disability that should be recommended?
- Which of the following health facts is most relevant to a client's disability insurance situation?
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.